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What Is Web3? The NEXT Evolution of the Internet EXPLAINED!

What Is Web3 | Web 3.0 Crypto | What is Web3 and Metaverse ✅ my neighbor Alice Twitter: https://x.com/MyNeighborAlice/ ✅ thetan arena Twitter:   / thetan_world   ✅ splinterlands Twitter:   / splinterlands   ✅ Pentagon Games Twitter: https://x.com/PentagonGamesXP 👉 Best Hardware Wallet (Trezor): https://freedom-crypto.org/Trezor 👉 Get Your own Binance Account from Here: https://freedom-crypto.org/Binance 🎬Watch our most recent videos: 🔥Day Trading Strategies 🔥 Is Cardano a good investment 2023?👇    • Day Trading Strategies 🔥 Is Cardano a...   🔥Crypto Gaming 🔥 What is The Highest Earning Play to Earn NFT Game?👇    • Crypto Gaming 🔥 What is The Highest E...   _____________________________________________________________ Links mentioned in the video: ✅ Best Hardware Wallet (Ledger Nano): https://freedom-crypto.org/Ledger ✅ Best Hardware Wallet (Trezor): https://freedom-crypto.org/Trezor _____________________________________________________________ Welcome to our What Is Web3 Video! Web3, often referred to as the next evolution of the internet, represents a paradigm shift towards a decentralized, user-centric digital ecosystem. Unlike Web2, which is dominated by centralized platforms and corporations, Web3 leverages blockchain technology, smart contracts, and decentralized protocols to empower users with greater control over their data, identity, and online interactions. At its core, Web3 aims to create a trustless and permissionless internet. This means users no longer need to rely on intermediaries or gatekeepers for services, transactions, or information. Instead, Web3 introduces decentralized applications (dApps) that operate transparently on blockchain networks, ensuring fairness, security, and accessibility for all participants. These dApps cover a wide range of use cases, from finance (DeFi) to gaming, supply chain management, and beyond. One of the defining features of Web3 is the concept of digital ownership. In Web2, platforms own user-generated content, while in Web3, blockchain technology allows users to truly own their digital assets, identities, and creations. Non-fungible tokens (NFTs) are a prime example of this shift, enabling creators to mint unique digital items that can be bought, sold, or traded directly between individuals. Another fundamental aspect of Web3 is the focus on decentralization. By distributing data and operations across a network of nodes, Web3 eliminates single points of failure, enhances security, and ensures that no single entity can control the system. This is complemented by tokenomics, where cryptocurrencies and tokens incentivize participation and governance, giving users a say in the platforms they engage with. Privacy and transparency are also central to Web3. Users can interact online without compromising their personal information, thanks to cryptographic techniques like zero-knowledge proofs and decentralized identity frameworks. Simultaneously, the transparency of blockchain ensures accountability, as all transactions and operations are publicly verifiable. ____________________________________________________________ The above links may be affiliate links, when you click and purchase something, I could receive a little commission at no additional cost to you. This video is for informational purposes only. I'm not your financial advisor! Be aware Of Crypto/Trading Scams & Rug Pull Scams! The sole purpose of this Channel is to entertain and educate other users on their Crypto /Trading Journey. If you insist on getting Professional views, please contact a financial advisor. Any actions you make in accordance with my opinions and the content of this channel will not be held liable. Only investing in something you afford to lose is what I always say to our audience. Please do not buy or invest or create sudden decisions because of our Channel. Please always do your research before you take action. Crypto is very risky and it needs enough knowledge. Some videos on this Youtube Channel are Paid Promotions. This means the content creator was paid to make these videos! I hope you found value in our What Is Web3 video. Make sure to leave a like on the video if you gained value from it! #Web3 #Metaverse #crypto #Apps #Bitcoin #Today #BTC #Binance #Ethereum #ETH #Bitcoin #CryptoGuide #crypto #Ether #DigitalCurrency #BestCryptoExchange 👉👉 For Collaboration Contact Us At: [email protected] 🔥 🔥 For ‬More Crypto Projects Check Out Our Site: https://freedom-crypto.org ________________________________________________________________________ ⏰Timestamps⏰ 00:00 Video Start 00:24 intro 00:40 Trailer 00:41 neibourhood alice 01:07 splenterlands 02:50 pentagon 04:00 summary 04:00 outro