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IPFS News Link • Internet

An Introduction to the Billion-Dollar Web 3.0 Industry

• Next Big Future - Brian Wang

After functioning for years in the centralized system, the internet is about to experience a breakthrough with the help of blockchain and its decentralization nodes. The move to Web 3.0 represents the next step in the internet, with new data rights, activities, and normal avenues of action becoming the standard.

Web 3.0 technology gives rights back to its users, focusing on peer-to-peer interaction, and pushing them away from having to interact with centralized bodies. However, as this change is hard to fathom, let alone accept, many tech entrepreneurs and everyday internet users are still uncertain about what exactly Web3 means.

From the development of DAO (decentralized autonomous organizations) regulating NFTs & DeFi (Decentralized Finance) to the growth of social investing platforms, Web3.0 has seen a range of projects launched into the system. In this article, we'll be exploring what Web 3.0 is, where it came from, and its big developments thus far. Let's get into it!


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