
Remote Team World
February 6, 2025 at 10:39 AM
Web3 Explained in One Page
What is Web3?
Web3 shifts control from corporations to users through decentralization and blockchain.
How Web3 Works
It uses decentralized networks like Ethereum, giving users control over data, identity, and assets.
Key Features of Web3
Decentralized, blockchain-based, smart contracts, tokenization, and self-owned identities.
Why Web3 Matters
Empowers users, enhances security, enables new economies, and ensures seamless app connectivity.
Examples of Web3 Applications
Crypto, DeFi, DAOs, NFTs, and the Metaverse power decentralized finance and digital ownership.
