What is Web3?

The Internet has gone through two eras: the first era was built on open protocols and controlled by the community; the second era was centralized services built by profit-oriented technology companies. But this kind of control makes the Internet less fun and dynamic.

Web3 is the third era of the Internet, a blockchain that combines the best features of the first two Internet eras: a community-governed decentralized network whose functionality will eventually exceed that of the most advanced centralized services.

In the Web3 era, core Internet services may be almost completely re-architected, making the Internet more free, fair and vibrant.

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