What Is Web3? A Beginner�s Guide

Web3 is the decentralized internet based on blockchain. But beyond the hype, what does it actually mean?

Web1: read (static pages). Web2: read-write (social media, user-generated content) � but central platforms own your data. Web3: read-write-own (users control their data and digital assets through tokens and wallets).

Examples: cryptocurrencies (own money), NFTs (own digital art/gaming items), DAOs (own organizations), and decentralized social networks (own identity).

Critics say Web3 is slow, expensive, and full of scams � true for now. Supporters say it's early internet (1995). For most people today, no need to rush. But watch the space. It could reshape how we interact online.