What Is Web3? Core Concepts and Goals
Web3 is the third generation of the internet, built on blockchain technology to power a fully decentralized ecosystem. Its core goal is to hand control back to users, opening the door for dApps, DAOs, DeFi, and other applications that advance digital ownership.
In Web3, there are no intermediaries or corporations harvesting user data. Instead, information is stored across a decentralized network of computers. That means everyone truly owns the digital assets they hold in their Wallet (crypto and NFT).
Network integrity and security are maintained by the users themselves, through validators and protocols like PoS.
In Web3, the governance token gives users a direct vote in future projects and protocols.
