What is Web3?
Web3 is the next evolution of the internet β where users control their data, identity, and assets using blockchain technology.
π Web1 β Web2 β Web3
- Web1: Read-only (1990s websites)
- Web2: Read + write (social media, apps β but controlled by big tech)
- Web3: Read + write + own (powered by blockchain & crypto)
π‘ Key Web3 Features:
- β You own your identity (via crypto wallets)
- β You own your data (no central server)
- β You can earn while you use the platform (play-to-earn, social tokens)
π§ Real-World Analogy:
Web2 is like Facebook β youβre a user, but they control everything. Web3 is like using a blockchain app β you log in with your wallet, and youβre in charge.
π§ Web3 Examples:
- Metamask, Phantom (login tool for Web3 apps)
- Uniswap,Jupiter (decentralized exchange)
- Lens Protocol (Web3 social media)
- Decentraland (Web3 virtual worlds)
Web3 shifts the power from corporations to communities. Itβs the internet owned by users, not by platforms.