What is Web3
Evolution of the internet The internet has undergone tremendous growth since it came into being. What the internet looked like 20 years ago is totally different from what it looks like of late. Starting in the later part of the 20th century in the mid-90s as a way for governments and some institutions like universities to communicate, the dawn of the 21st century changed the internet forever. People now realized the internet could be used for other activities other than only connecting computers for research needs, local area communication, or for government use only. Other utilizations of the internet started coming in. If you are a fan of investments and the internet then you might have heard of the prominent dot com bubble. The dot com bubble is a popular cliché in the digital world and explains how the internet started to explode with massive adoption. Since then, Web 1, Web 2, Web 3 Web 1.0, also known as web1 represents the very first websites that were created. Thes...