Web3 is often described as a series of open-source and interconnected decentralized applications powered by blockchain computing architecture. It is not synonymous with the Metaverse, which is an equally open-source environment for virtual reality. To understand Web3, it's important to understand its antecedents.

Web3 is often described as a series of open-source and interconnected decentralized applications powered by blockchain computing architecture. It is not synonymous with the Metaverse, which is an equally open-source environment for virtual reality. To understand Web3, it's important to understand its antecedents.