added by Jordan Bester · updated 2y ago
What is Web 3? - Decrypt
- The third phase of the internet combines blockchain technology, cryptocurrency, and digital ownership with new governing structures with terms prearranged and automated by smart contracts to allow decentralized projects to prosper. Web3 both stands on the shoulders of the open-source ethos that supports the earlier internet phases and threatens to ... See more
from Venture Capital in a Decentralized World by Michael Lazerow
sari added
- Web3, the future internet we’re moving towards, is a decentralized internet. Under Web3, the internet is shared online and governed by the collective “we,” rather than owned by centralized entities.The Web3 world is one that has open-source protocols at its foundation. Web3 is about rearchitecting internet services and products so that they benefit... See more
from Web3 Starter Pack by Jay Drain Jr
Emilie Kormienko added
- Web3 (or Web 3, or Web 3.0) is an umbrella term for various efforts to reshape the web in order to:
- Make it easy for users to control their own data and content and move between different apps and platforms;
- Enable users to receive a share of the revenue their online activities generates for the platforms and apps they use; and
- Enable web users and ap
from Who Needs Web3? by Dror Poleg
Lillian Sheng added