Understand Web3 with this simple framework

What we’ll cover:The “internet” vs. “the blockchain” — a basic mental modelWhat is Web3, and why is it important?Where are we in the life cycle? (Hint: very, very early)Three investment areas in the core building blocks of Web3: DeFi, NFT picks and shovels, DAOsThree predictions for 2022

Core to the tenets of web3 are the notion of self-sovereignty through cryptography, the ability to organize into global communities that resonate with our tailored values and interests, and the redistribution of network value back to users through incentivized participation.