what is web3?

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Centralization has helped onboard billions of people to the Web and created the stable, robust infrastructure on which it lives. At the same time, a handful of centralized entities have a stronghold on Web2, unilaterally deciding what should and should not be allowed.

web 3

solves

this

problem.

Instead of a Web monopolized
by big tech, Web3 embraces decentralization and is being built, operated and owned by users.

Web3 gives you ownership of your digital assets in an unprecedented way. For example, say you're playing a web2 game. If you purchase an in-game item, it is tied directly to your account. If the game creators delete your account, you will lose these items.

Web3 puts power in the hands of individuals rather than corporations. Users now how full control and ownership of their content.

Web3 allows for direct ownership through non-fungible tokens (NFTs). No one, not even the game's creators, has the power to take away your ownership. And, if you stop playing, you can sell or trade your items on open markets and recoup their value.

Core ideas of Web3

Web3 is decentralized
Web3 is permissionless
Web3 has native payments
Web3 is trustless

why web3?

web3 milestones

200M

Ethereum addresses

200 million Ethereum cumulative unique addresses

460M

Bitcoin addresses

460 million addresses with a balance greater than 0 BTC

2100%

NFT sales spike

Trading in NFTs increased by 21000% from 2020, according to Nonfungible.com.