How Will Web3 Change Our Lives?

Web3 is a newer, better vision of the internet. It uses blockchain, on-chain tokens, and NFTs to return power to users in the form of ownership. Let’s think about the stages of the internet’s development: In Web1.0, we could only read; in Web2.0, we could read and write; and in Web3, we can not only read and write, but also own.

Right now, platforms rely on collecting our data to recommend content to us, but that data belongs to the platform. Web3 changes this situation by allowing us to own our data. It also allows value to be exchanged online without intermediaries, transforming old rules in areas like finance, art, gaming, work, and public funding.

In summary, Web3 gives individuals control, ownership, and the ability to directly exchange value, transforming not just the internet but many aspects of our everyday lives.