Web3, also known as Web 3.0, is an idea for a version of the Internet that is decentralized and based on public blockchains. The concept gained popularity in 2020 and 2021 with interest from cryptocurrency enthusiasts and investments from high-profile technologists and companies. Web3 revolves around the idea of a decentralized Internet. Proponents often contrast this to Web 2.0, where large amounts of the web's data and content are centralized in a fairly small group of companies (often...

Web3, also known as Web 3.0, is an idea for a version of the Internet that is decentralized and based on public blockchains. The concept gained popularity in 2020 and 2021 with interest from cryptocurrency enthusiasts and investments from high-profile technologists and companies. Web3 revolves around the idea of a decentralized Internet. Proponents often contrast this to Web 2.0, where large amounts of the web's data and content are centralized in a fairly small group of companies (often...