Direct exchange of value between users.
The internet you know and love + a transaction/ownership and identity layer
What main streets did for communities, just on the internet.
If you are in a cool subreddit with great content, you can make money because you are a member
A compartmentalized web designed to allow the direct transfer of value between users.
Transparent, immutable interactions between people.
own your data and IP + RIP needing to remember which password you used for that e-commerce site 5 years ago
A term a16z created to fundraise around because crypto was too cringe for LPs 😅 jkjk
Internet platforms owned and operated by their users.
An attempt to hide organization where nobody can find, god’s kingdom.
Web3 is an evolution from passive user audience to active member participant.
One login for many apps, where you can bring along your data and credits
gm —> did it in two letters. Explain why it’s a thing and you basically explain the important bits of web3.
Decoupling of content and services caused by the introduction of digital ownership.
Web3 is democratization of data.
Direct to consumer, but for everything digital.
When there’s no more room in the hell that is web2, the dead will walk the earth that is web3.
damn, none of us can come to a common definition here.
A new layer to the internet where every digital asset can be prove-ably unique, owned, and programmable.
A rebranding of something important, where you shouldn’t listen to anybody who says “WAGMI”.
A supercharged version of the internet that gives you more control and freedom over your data and the products/services you use, and lets you connect more deeply with the communities and creators you care about most
A redo of internet, this time with a built-in value layer
When interacting with web3 (apps)—all actions taken and the creation and exchange of anything with value (ex. “money,” content, art, and even the lifecycle of a physical object) is forever recorded. This keeps individuals accountable and gives them credibility for their actions and ownership over their contributi
Ideal(istic) Web3: An internet where trust is woven into the platforms you use and where you own the things you create, balanced into equilibrium through crypto economics. Everyone has a voice, and it has the potential of being heard and change the outcome.
Altered take from a common one: Web1: Read; Web2: Read, Write; Web3: Read, Write, _Execute_.
Value captured and monetized better by creators on the internet.
Evolution of the internet that includes property rights
Trustless, permisionless, & verifiably authenticated ownership.
lots of great replies here thanks for sharing, everyone!
tech niche community that's difficult to enter without guidance
A global community united by digital assets
the network taps into you, instead of you tapping into the network
