The major themes of this shift are the metaverse and web3 movements. They are two sides of the same coin, creating a new front- and backend of the Web. Where metaverse uses new tech like extended reality and AI to create new ways of digital interaction, web3 is using blockchain and tokenization to build a more distributed data layer into the intern... See more

Web3 is a new vision of the internet. It takes us away from today’s centralized internet, where data is stored in servers managed by trusted counterparties like Facebook and Google, to a decentralized internet, where a trustless network of peer-to-peer servers manages and verifies data.

2) web3 is much, much better for creators than web2

Web3 will be defined by “token effects” and not traditional network effects. What does that mean? Token-based projects have a better shot at building powerful and useful networks that are user-owned and operated. (visualized brilliantly by @LeConcurrential)