Web3 Summary
Web3 is a term that describes the vision of a new, better internet that is decentralized, meaning that it is not controlled by any single entity or authority. Web3 uses technologies such as blockchain, cryptocurrency, and NFTs to give users more ownership and control over their data, identity, and assets online. Web3 is also connected to the idea of the metaverse, which is a virtual world where people can interact and create value.