Blockchain is NOT web3.

Neither are all the cryptocurrencies and tokens.

Here's a simple way to think about it:

The base layer - Blockchain
The value layer - Cryptocurrency
The real world/crypto bridge - Oracles
The application layer - dApps
The governance layer - DAOs
The "keys" to your crypto - Self-Custodial Wallets
The identity layer - NFTs

If you combine all of these, you get web3.

P.S. Anything else you would add?

#web3crypto #BullorBear #CryptoSavvy