Web 2 and Web3 represent two distinct stages of the internet's evolution. Web 2 refers to the current phase of the internet, characterized by user-generated content and interactive web applications. It focuses on centralized platforms, where data and control are predominantly in the hands of large corporations. In contrast, Web3 represents the vision of a decentralized internet. It utilizes blockchain technology to enable peer-to-peer interactions, smart contracts, and decentralized applications (dApps). Web3 aims to empower users by giving them more control over their data and fostering a trustless environment. It emphasizes principles like transparency, privacy, and user ownership of digital assets.#BinanceTournament #SEC #DOYR