Well known tech investor Chris Dixon has a great explanation of Web3 in the context of Web1 and Web2.
web 1 = read
web 2 = read & write
web 3 = read & write & own
To expand a bit…
Web 1 was the early days of the internet. It was really just a place to go and read information online.
Web 2 saw the arrival of social media platforms – blogs, YouTube, Facebook, etc. And with that, we were now able to write and post our own content.
Now, in Web 3, thanks to blockchain technologies and NFTs, we have digital ownership.
#web3 #NFTs #technology