What is crypto and web3 ?
What is crypto and web3 ?
Hey guys! I am really excited to officially start sharing our knowledge and personal experience in crypto and web3 with you, so that we can all win this crypto game together!
In this post, you will learn about the differences between #web1 #web2 & #web3 !
Ready ? ๐๐ฝ Letโs look at the evolution of the internet.
1990 - 2005: It all started with โWeb1โ in the 90s, which enabled people to read all sorts of information online.
2005 - 2021: Then, we had what we call โWeb2โ which is also known as (aka) the mobile, social media and blogging wave. Most of the value accrue to a few companies such as Google, Facebook and Amazon and the problem is that most of the power is held by these big platforms and you have very limited control over it.
2021 - โฆ Now the revolution with โWeb3โ, aka #blockchains , is that there is no middle man.
๐๐ฝ Web3 is the internet owned by the builders and the users (throughout tokens)
๐๐ฝ YOU own your own data.
๐๐ฝ YOU cannot be censored.
๐๐ฝ And as a content creator, for example, YOU own your audience and can take it to another better platform anytime.
๐ฃ This is MASSIVE and itโs already filtering through every industry: art, music, finance and fashion amongst others.
As Chris Dixon sums it up:
๐๐ฝ Web 1 is Read
๐๐ฝ Web 2 is Read โ Write
๐๐ฝ Web 3 is Read โ Write โ Own
Hope this helps you!
Stay tuned for more Crypto, NFT's and web3 content, in collaboration with @crypto.with.kev
See you again soon on the blog and take care !