Web1: Read-Only > Content creators have had a place on the internet, but the majority of users using the internet in the ‘90s were consumers on static web pages and seldom produced content. Perhaps a consequence of shifting from print media to the internet, those who dominated content creation were professional writers, reporters, and journ... See more

The defining characteristics of Web3 are decentralization, ownership, trustlessness, and the use of cryptocurrencies. Web3 enables users to own their data, digital assets, and even the governance of platforms via blockchain-based systems. It also eliminates the need for intermediaries, allowing for trustless transactions conducted through smart con... See more