Imagine a new digital environment where our data is portable and democratized, challenging the current monopolies. Web3 promises to be such an environment, and to understand this shift, it’s helpful for investors to consider the evolution of the internet.
The first phase, Web1, offered users unprecedented access to information and connectivity (think AOL, Yahoo! and Google). Then came Web2, which enhanced the experience by allowing personalized, user-generated content to be delivered through apps (think Facebook and Twitter).
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