web5

Web5: The Next Evolution of the Internet

The internet has changed from the read-only Web1 to user-generated Web2, and now the decentralized promises of Web3. There’s a new contender gaining momentum: Web5.

Some say that web3 achieved decentralisation, what if they're wrong?

What is Web5?

Unlike Web3, that relies heavily on tokens, smart contracts, and various blockchain ecosystems, Web5 focuses on user sovereignty, identity, and data ownership.
 
Web2 + Web3 = Web5

Key Features of Web5:

Decentralized Identifiers/DIDs: Your online identity isn’t tied to web2 social, or web3 wallets. It’s yours, portable anywhere.

Decentralized Web Nodes/DWNs: Instead of storing data on servers owned by Big Tech, data lives in an encrypted, personal data vault.

No Tokens/ Speculation: Web5 isn’t trying to create the next crypto boom. It’s building infrastructure without financial speculation.

Privacy & Utility: The goal is not to gamify the internet with tokens, but to make it safer and more user-controlled.

Web5 vs Web3: A Quick Glance

Blockchain reliance: Web3 heavily relies on blockchain  (crypto, tokens, smart contracts)	
While web5 relies minimally or not at all. 

Identity: web3 is often via wallets (e.g., MetaMask)	while web5 is solely Decentralized Identifiers (DIDs)

Data storage: web3 data is stored	On-chain or IPFS	while web5 data is stored on decentralized Web Nodes (user-owned)

Monetization: in web3 monetisation is Token-based	while in web5 it's totally Utility and privacy focused, say good bye to memecoins 😕👋 

Philosophy: web3 is trustless, incentivized via crypto	 while for web5 it's user agency, privacy-first, no tokens

A harbinger of enlightenment. always open to talk about the future #npub1jkgq42wzx6wkp9vn49ze6ly3vay8z5qychzmzsvyh9ms3rgxeqasnrqdqd

So web5 has much more opportunities than web3?

Magical contents that drive the soul and spirit

Not sure what context you're referring to. But if you're referring to memecoins nah, but if it's building an infrastructure for data privacy and marketing it to the broader audience or building community or use case around the tech then yes, you're sitting on a gold mine 😁