Web3: The Decentralized Promises of Web 3.0

Decentralized… Blockchain enabled… A reinvigorated creative community… Web3 is promising to transform the Internet. In this new generation of the web, users will maintain and operate apps and services in exchange for crypto tokens, as opposed to our current web where control and ownership is centralized within big tech companies. Web3 might be slower – but its premise of decentralization is rapidly gaining traction. An $80bn industry, decentralized finance (DeFi) is one of Web 3.0’s most promising applications and could promote lower cost, borderless transfers of value. Web3 might be slower – but its premise of decentralization is rapidly gaining traction.