# web 3

By [kushalpanchal9](https://paragraph.com/@kushalpanchal9) · 2022-08-15

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Web3 (also known as Web 3.0 and sometimes stylized as web3) is an **idea for a new iteration of the World Wide Web based on blockchain technology**, which incorporates concepts such as decentralization and token-based economics.

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*Originally published on [kushalpanchal9](https://paragraph.com/@kushalpanchal9/web-3)*