What is Web3?
Introduction
The internet we know today was shaped by centralized companies. They own the data, control the platforms, and dictate the rules. Web3 is the shift away from that control toward a decentralized, user-owned internet. Web3 is not just a new technology. It’s a new internet model built on blockchain, governed by users, and designed for open participation.
The internet we know today was shaped by centralized companies. They own the data, control the platforms, and dictate the rules. Web3 is the shift away from that control toward a decentralized, user-owned internet. Web3 is not just a new technology. It’s a new internet model built on blockchain, governed by users, and designed for open participation.
The Evolution of the Web
Web 1.0
The early web (1990–2004) was static. You could read, but not interact. Pages were simple, and users were just consumers.
Web 2.0
Web 2.0 (2004–now) brought platforms like Facebook, YouTube, and Twitter. You could create content but companies owned your data and monetized your activity.
Web 3.0
Web3 changes the game. Now, users can own their identity, assets, and participation. With wallets, smart contracts, and tokens, the internet becomes open, programmable, and user-driven.
Core Principles of Web3
Decentralization
No central authority. Control is shared across nodes and smart contracts.
Permission
Anyone can participate. No approvals, no gatekeepers.
Trustless
Code replaces middlemen. Smart contracts handle logic and security.
Ownership
Your tokens, your NFTs, your identity is truly yours, portable and protected.
Native Payment
Send and receive value with crypto, no banks required.
Why Web3 Matters
You own your data and assets
not the platform.
You earn and govern
not just use
You participate globally
no borders, no banks, no bias.
You build and migrate freely
your identity moves with you
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