Why the World is Warming Up to Web3
Entrepreneur magazine|May 2023
Imagine a world where you completely control your digital identity and the content you create. In a world where your data and online activities aren't being monitored and monetized for profit for only one entity.
TARUN KATIAL
Why the World is Warming Up to Web3

Sounds too good to be true? Well, that's where Web3 comes in! Web3 is the next big thing in the digital space, and it's here to revolutionize how we use the internet. It's not just another iteration of the Internet; it's a generational shift that promises greater data sovereignty, privacy, and security to Internet users. With Web3, you can take ownership of your online spaces and enjoy a more decentralized internet experience.

But what exactly is Web3, and how does it work? It's a concept that leverages technologies like blockchain, AI, cryptocurrencies, non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOS). These technologies are used to build decentralized platforms and applications that give power back to the people by fostering participative ownership and monetization independence.

In 2023, we'll see Web3 evolve and take a more concrete shape, and it will be exciting to see how it shapes the future of the internet and our digital lives.

THE PROMISE OF WEB3

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