Hello! Today we will explain the concept of Web3 in an easy-to-understand way.

Evolution of the Web

• Web 1.0: The era of read-only static websites.
• Web 2.0: The era of read-write interactive platforms (SNS) dominated by tech giants.
• Web3: The read-write-own era powered by blockchain decentralization.

Core Features of Web3

• Direct peer-to-peer (P2P) transactions without intermediaries
• Self-sovereign data privacy and digital ownership
• Utilization of smart contracts and cryptocurrencies

Summary

Let’s keep an eye on how Web3 returns data sovereignty to users and creates new web paradigms!