
Finshots
February 14, 2025 at 05:10 AM
*Is Web3 the future of the Internet?! Here is all you need to know*👇
In today’s edition of our series–Finshots Cracks Crypto, we'll talk about Web-3, and why it is the Internet's future!
From the early days of Web 1.0, which was just a static noticeboard, to Web 2.0, where social media platforms took over, the internet has evolved significantly. But Web 2.0 has its flaws–big corporations own and control user data. And that’s where Web3 comes in, offering a decentralized internet where users have ownership of their digital identities and assets, backed by blockchain and altcoins.
Web3 apps don’t use regular logins. Instead, users connect through crypto wallets and use altcoins to access services. For example, by using decentralized cloud storage altcoins you can store files without relying on Google Drive or Dropbox and you can pay using Filecoin tokens.
Imagine a music streaming app where artists get paid directly by listeners, without record labels or middlemen. Yes, even that’s possible with Web-3.
Did this leave you curious too? Then head onto today’s newsletter to know more about Web-3.
https://bit.ly/3EQ5WbO
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