About WEB 3.0

The web 3.0 definition varies depending on who you ask, but in general, it’s considered the third generation of the internet. Web 3.0 is also called the semantic web or the spatial web. If you break the evolution of the internet into segments with the first being simple web pages and the second being apps, social media, and mass adoption, the emerging blockchain-based web would be internet 3.0. Essentially, it’s a user-friendly, more secure, more private and better connected internet.

Web 3.0 utilizes blockchain technology to create true decentralization. Not only will this be the latest step in the technology that runs the internet, but this will also be the first proper step towards the metaverse. A fair metaverse, with digital data ownership through NFTs, is only possible on web 3.0.

In this third generation of the internet, devices will be connected in a decentralized network rather than relying on server-based databases. We won’t need to keep all our data on centralized servers, rather we will own it ourselves independently. We get to choose what we do with it.

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