So many people have been cheated enslaved through web.1 and web.2 but web.3 is here to bridge the gap by creating a new look and a power of belongings and ownership through Blockchain technology and cryptocurrency.
Web3 as came up with an idea for a new iteration of the World Wide Web which create a concepts such as decentralization, blockchain technologies, and token-based economics,
Through this process Investors will be able have the ownership power to decide on what they want for them self and no central body will be able to control it's activities,
The Introduction of Web3
Centralization has helped to bring in more investors and onboard millions of people to the World of Web3 technology it also created a stable, robust infrastructure before now a handful of centralized entities through Web1 and web2 have a stronghold on large swathes of the World Wide Web, unilaterally deciding what should and should not be allowed to the extent that they manage and dictate all information and they received returns on behalf of individuals and pay a cut back to the original owners but web3 has come to say no to centralized system and bring us a decentralized technology trough Blockchain
Web3 has provided answers to the dilemma of a Web monopolized by large technology companies,
Some advantages web.3 has brought us
- Web3 embraces decentralization and is being built, operated, and owned by its users.
- Web3 puts power in the hands of individuals rather than corporations.
- Web3 is permissionless: everyone has equal access to participate in Web3, and no one gets excluded as far you follow the rules and regulations
- Web3 has his own way of payments: it uses cryptocurrency for spending and sending money online instead of relying on the outdated infrastructure of banks and payment processors
For this reasons let us embrace the new era of technology by participating and telling more people on different platforms to get involved in the future technology.
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It is a great thing to embrace the web 3 technology
Thanks man i believe you will also promote this advancement @cransi
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