Web 3 is the next generation of the internet that aims to be more decentralized, open, and secure than the current version of the web. It’s sometimes called the “decentralized web”.

The current version of the internet, Web 2, is largely controlled by big tech companies that own and operate the servers, platforms, and applications we use every day. Web 3 aims to change that by using blockchain technology to create a more distributed network of nodes that can store and exchange data without a central authority.

In Web 3, users would have more control over their personal data and be able to interact with each other and with applications in a more peer-to-peer fashion. This could lead to new forms of social and economic organization, as well as new opportunities for innovation and creativity.

Overall, Web 3 represents a shift towards a more user-centric internet, where individuals have greater control over their online lives and the digital economy is more equitable and transparent.

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