Intro to Web3 for beginners | School of Block

Web3 is about the freedom to opt-in to systems and to opt-out of them.

Web3 inverts the internet’s business models by giving more value and ownership to both creators and consumers. Traditionally, platforms developed online have been driven by advertising and subscriptions. This is because Web2 took a consumer first approach to platforms, protocols and applications with the platforms as intermediaries. Web3 puts value... See more

The key difference between the web3 world and web2 world comes down to who owns user information.