Web3 Explained: The Future of the Internet and Why It Matters | Crypto Genius Guide
๐ Web3: What It Means and Why Everyone’s Talking About It | Crypto Genius Learning Web3 is the latest buzzword in the tech world, especially in crypto communities. But what exactly is Web3? Why is it being called the future of the internet? And why is everyone—from tech giants to small startups—talking about it? In this blog, we’ll explain Web3 in simple language , help you understand how it's different from Web1 and Web2, and explore why it's becoming such a big deal. ๐ What is Web3? Web3 (also called Web 3.0) is the next generation of the internet that’s built on blockchain technology. Unlike today’s internet (Web2), which is controlled by big tech companies, Web3 aims to give power and ownership back to users . Think of Web3 as an internet that’s: ✅ Decentralized ✅ User-owned ✅ Token-based ✅ Privacy-focused In simple terms: Web3 allows you to own your digital identity, assets, and data , instead of handing it all over to platforms like Facebook or...