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    Web3 Things You Need to Know and 3 big examples of web3

As Web3 gaining popularity,  it wouldn’t be a huge stretch to say that the internet you have today is immensely different from the internet you had, say, ten years. In fact, if you told someone 15 years ago what they could be able to do on the internet by 2022, they’d probably laugh at your face. And they wouldn’t be wrong.

Not too long ago, video calls only seemed possible in sci-fi movies. Nowadays, you probably can’t imagine your life without the convenience of video calling. Needless to say, the web has evolved a lot over the years, and it is continuing to evolve at an even faster rate.

As you’re already aware, the web has evolved significantly over the years. However, the stages of this evolution can be divided into three parts: Web 1.0, Web 2.0, and Web3 \ web 3.0.

So how is it happening? And more importantly, where can we see it in the next 5, 10, or 50 years’ time?

Web 1.0 Meaning

Simply speaking, Web 1.0 is the name given to the very first iteration of the web and lasted from 1191 to 2004. Although the internet was being used for a couple of years at that time, it didn’t become publicly accessible until this time period.

However, there were still a lot of constraints on the kind of information that could be shared, as well as the people who could actually take advantage of the web. Mostly, these were educationalists and researchers who were looking for informative content.

Instead of the dynamic HTML, Web 1.0 was only capable of sites that served static content. And rather than databases, the content was served from a static file system. The information was mainly available in text or image form. The sharing of video, audio, music and anything else still seemed next to impossible back them.

Another thing that may not have seemed like a possibility at all at the time was any interaction. And no, this doesn’t just mean the lack of social media and communication. You couldn’t even interact with the web page you were on. You can say that the entire Web 1.0 was the “read-only” page of a website that you may come across now.

Another interesting fact about Web 1.0 is that common people couldn’t contribute to it. Only developers had the ability to write articles or post images that were available to people who could access the internet.

Web 2.0 Meaning

If you’ve grown up on social media, YouTube, and other interactive websites, you have primarily experienced Web 2.0, which is the internet in its current form. In the world of Web 2.0, interaction and communication have become much more accessible.

In addition to many modes of communication being introduced, such as videos, audio, and even 3D images, Web 2.0 also gave access to everyone with an internet connection to contribute to websites.

If you wanted to share something with the world, you just needed the right gadgets to create the message, and it could be accessed across the globe.

In addition to that, it was a lot easier to understand and use as compared to Web 1.0. Web 2.0 is what opened the doors of the internet to the world.

Some other things which were introduced in Web 2.0 include:

  • Monetization of apps
  • Security and privacy
  • User participation
  • Openness and network effects
  • Ease of use
  • Participatory culture
  • User-generated content

Web 3.0 Meaning

While the general public is still mostly using Web 2.0, Web 3.0 \ Web3 is also becoming increasingly popular. There are a few fundamental differences between the two. However, what really sets Web3 \ web 3.0 apart is decentralization.

What is Decentralization?

The basic definition of decentralization is to transfer control from a central entity (such as an organization, group, or individual) and distribute it to a network.

When it comes to Web3 \ web 3.0, this reduces the level of trust the participants should place in one another. However, it also reduces their ability to exert control or authority over one another, which degrades the functionality of the network.

The benefit of creating this trustless environment is that it encourages you to trust no one but yourself. A copy of the exact same data is distributed among the members. And if any single ledger is a corrupter, that member’s data will be promptly rejected by the network. This reduces the point of weakness in the systems.

Other Characteristics of Web 3.0

There are a few other characteristics of Web3 that enhance the internet as we know it today. These include:

  • Trustless
  • Verifiable
  • Permission-less
  • Native built-in payments
  • Stateful
  • Self-governing
  • Distributed
  • Robust

Instead of building and deploying applications that run on a single server, developers store their data in individual databases. This database is generally hosted and managed by a single cloud provider. These Web3 applications, often referred to as DAaps (decentralized apps), run on decentralized networks or Blockchains.

In order to create a secure and stable decentralized network, the developers compete to provide high-quality services to the participants using the server.

When talking about Web3, cryptocurrency, such as Bitcoin, often crops up in the discussion. This happens because cryptocurrency has played a crucial role in these protocols. It encourages people to participate by providing financial incentives to people willing to participate in creating, improving, governing, or contributing to the project in any way.

Examples of Web 3.0 \ Web3 projects

If you are fascinated by the concept, here are some of the best examples of Web3 \ web 3.0 websites that already exist and can be accessed anywhere.

 

·Doge Art Club

nft - web 3.0 - web 3.0 meaning

Polish artist Maciek Ignaciuk created the artwork for the Doge Art Club NFT collection. Also known as Othis, Ignaciuk is a graphic designer who has experience in murals and street arts.

What sets it apart from other websites is its distinctive feature of the Doge evolution process. There is a referral code on each Doge Art Club NFT. Whenever uses your referral code, you get 30% of the value.

·Cosmos

examples of web 3.0 - cosmos crypto

You’ve probably noticed that trends like sci-fi themes, vivid gradients, and 3D features are becoming more and more common in graphic designing.

Cosmos has done an incredible job of developing the image of their company on the solid foundation of structured typography that scales, a header hierarchy, and definitive CTAs. All of these make the user-experience satisfactory.

·Crypto Crime Club

It may be blasphemous to discuss examples of Web3 \ web 3.0 without mentioning some form of Crypto. Crypto Crime Club is fascinating because it combines elements of gaming, NFTs, tokens, and even storytelling.

As soon as you open their webpage, you’ll be taken to a Need For Speed police chase. The footage is fake, but it does the perfect job of reeling you in.

 

Conclusion

It is hard to predict how Web3 \ web 3.0 will change the world of the internet in the next few years. However, we can predict that there will be a bigger need for creating secure platforms, and Web3 \ web 3.0 certainly has the ability to do that. Therefore, we can safely say that the Internet world won’t be the same as it is today.

About Royalens:

Royalens is a custom WordPress web development, apps custom development and brand recognition services provider. Royalens blog publishes about technology, tools, software, development, web, marketing, business, economy…

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