Brief Introduction

Is Web 3 a viable solution to advance social?

The Evolution of The Web

Web 3 has been touted as the next iteration of the internet and has garnered a lot of attention in the cryptocurrency and social media space. Is the attention warranted? In order to deep dive into addressing this question, let's briefly outline the evolution of the internet.

Web 1.0 refers to the early days of the World Wide Web, characterized by static HTML pages and limited user interaction. It was primarily a platform for providing information.

Web 2.0 refers to the shift towards a more dynamic and user-centered web, with increased social interaction and collaboration. This era saw the rise of websites such as Facebook, YouTube, and Wikipedia, and the growth of blogging, social media, and online communities.

Web 3.0, also known as the Semantic Web, is characterized by the integration of advanced technologies such as artificial intelligence, decentralized systems, and blockchain. Web 3 is being constructed as a decentralized network to provide users with greater control over their data and privacy; to increase security and trust, and create new opportunities for decentralized applications and services to change how people interact with the web.

In summation, the end goal of Web 3 is to create a more open and equitable internet where users can interact with each other in a more secure, trustful, and human-centric way. The new age of social where users have full autonomy to monetize their data, content, and likeness is possible with the emergence of Web 3.