Web3: Expectation Vs Reality And The Next Big Thing

Web1, for instance, was the first global web consisting of static web pages, while Web2 was the likes of Twitter, MySpace, Facebook and so on. In Web2, people could become creators and not just consumers, but the internet version still retained control and owned users’ data.

Web3, however, has arrived to transform these online landscapes via blockchain technology through the promise of decentralization and ownership. To this end, this article explains what is expected from the evolving Web3 technology, as well as the current reality and the Next Big Thing.

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