Web3: three short definitions

Technical definition

…a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics.


Web 1.0 – read
Web 2.0 – read, write
Web3* – read, write, own

(*not to be confused with Web 3.0)


Web3 is grounded more in ethos than it is in tech. Here are the most important principles in web3:

٭ Web3 is about decentralization and self-organization.
٭ Web3 is about digital ownership
٭ Web3 is about transparency.
٭ Web3 is about human connectivity.