IntroductionWhat is Web3? It means different things for different people. Even the Ethereum co-founder Gavin Wood, who coined this term in 2014 can’t give an exact definition of Web3. Loosely speaking, Web3 is an idea for a new iteration of the World Wide Web that incorporates decentralization based on blockchains. Web1.0 refers roughly to the period from 1991 to 2004, where most websites were static webpages, and the vast majority of users were consumers, not producers, of content. Since 200...