Web3
The next generation of the internet — built for ownership and participation
Web3
Since the beginning, the internet has gone through some big changes.
The first version, called Web1, was mostly about reading. You could visit websites and look at information, but not interact much. It was simple and one-way.
Then came Web2, the version of the internet most people use today. You can post, comment, share photos, and use apps. But most of that happens on platforms owned by big companies. They control your account, store your data, and make money from your activity.
Now, a new version of the internet is emerging — Web3 — designed to give people more control.
Web3 is about building a more open internet, where you can own digital things, carry your identity with you, and help shape the communities and tools you use.
It runs on blockchains, public systems that anyone can access. And instead of logging in with a password, you use a wallet — a tool that holds your money, digital items, and login credentials. Your wallet belongs fully to you, not any company or platform.
Web3 introduces a new kind of digital economy:
In Web2, your data and accounts are stuck inside the platforms you use. If a company — or even a government — shuts something down, you can lose everything. In Web3, your wallet is your passport.
Web3 is still early. Not everything works out and some tools are still rough. But the core idea is simple: an internet where you own what you create, help shape what you use, and don't need permission to participate.