In the year 2008, a group of anonymous technologists, philosophers, and visionaries started a revolution for a more open Internet.
Amidst the global financial crisis, they set out to build a new digital economic system of their own that utilized peer-to-peer networks that no single person or entity controlled, yet anyone could use.
Little did they know this novel payment project would be worth trillions of dollars in merely a decade, rival gold as an asset, and explode into many different use cases that today we call Web3.
Web3 themes include:
Digital payments through cryptocurrency.
Direct ownership over your identity, content, and assets.
Digital Freedom from intermediaries like banks and big tech.
Open, transparent applications built on public blockchains.
Distribution of power and agency to everyday people building, maintaining, and governing online platforms.
The ability to build on top of other applications to make the whole ecosystem more valuable, like stacking lego blocks.
So the question becomes: what do you care about?
Creators can interact directly with their fans, bake fair compensation into their digitized artwork, and earn more without giving big tech a cut.
Web3 gives millions of unbanked people easy, free financial access.
You control your identity online and reveal parts of that identity only when you decide to.
Web3 technology enables provably scarce digital items, whether that be digital trading cards, tickets to an event, in-game items, digital music, or art.
Online social clubs provide perks to members, online residency programs, and are even used to collectively bid on rare items.
There’s a place for you somewhere, and if you don’t manage to find it, you can create one yourself. The movement behind web3 represents a fundamental change in our world, freeing information and identity from borders, censorship, and single-source control.
What is Web3?
Web3 represents the next generation of the internet
Web3 includes cryptocurrency, NFTs, and blockchain technology
Web3 is a movement that grants me ownership over my data, identity, and assets
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