Web3 - Charting the Internet's Next Economic and Cultural Frontier

Key Facts from "Web3 - Charting the Internet's Next Economic and Cultural Frontier"

1. The concept of Web3 signifies a new era of the internet, which is decentralized, secure, and user-centric.
2. Blockchain technology is at the heart of Web3, acting as its underlying infrastructure and enabling the creation of decentralized applications (dApps).
3. Web3 promises a shift from data monopolies to individual data ownership and control, with privacy and data security at its core.
4. Web3 will enable the creation of a digital economy, with cryptocurrencies being the native currency and smart contracts enabling peer-to-peer transactions.
5. Web3 also introduces the concept of...

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