While Jack Dorsey works on his Web 5.0 concept of the decentralized web, we decided to give you an overview of Web3 and provide you with just a few reasons why this concept is definitely worth noticing.
How is it different from Web 2.0? It embraces decentralization and aims to deliver greater transparency, a more personalized experience, and give the full control of the data back to users.
Check out the video to learn more about Web3 core components, their downsides, and use cases.
0:14 What is Web3?
1:07 Web3 vs Web2
2:06 Web3 core components
3:09 Are there any downsides of Web3?
4:24 Web3 use cases
5:46 Should you invest in Web3?
6:31 Final thoughts