Web1 was read-only. Web2 let you create content but big tech owns your data. Web3 adds ownership: you control your data and profit from what you make, using NFTs, DAOs, and crypto.
You've heard about Web3, but what is it? Let's break it down. Web1 was read-only, static websites where you could consume but not create content. Web2 is the internet we know today. It's read-write, where with social media everyone is a creator. However, it's dominated by major tech companies. They control our data, sell to advertisers, and profit from it. Now we're entering the Web3 era, which encompasses all things NFTs, DAOs, and crypto. It's read, write, own, meaning users and contributors have a say in how their data and communities are managed. As a result, users can actually profit from the value they create. Follow for part 2 where we discuss DAOs.
