Web2 was a rebuilding period. Entrepreneurs started to realize you could do more things instead of being just read-only. 

Web1: the web was read-only. Web2: the web was read and write. 

Web3 is an opportunity to own a piece of the internet. 

Governance in the metaverse: who should control it? Having one company control it is not the

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Chris Dixon: "Web 3 is an internet owned by users and builders orchestrated with tokens."