Web3 is the next generation of the internet, powered by blockchain and decentralized technologies. This article explains what Web3 is and how it differs from the current internet model (Web2).

  • What Is Web3?: Define Web3 as a decentralized version of the internet, where users control their data and digital identities, and applications run on blockchain networks.

  • Key Features of Web3: Explain the principles of decentralization, privacy, and user control, contrasting them with Web2’s reliance on centralized services like Google and Facebook.

  • Why Web3 Matters: Discuss how Web3 could revolutionize industries by giving users ownership over their data, enabling decentralized finance (DeFi), and supporting creator economies with NFTs.