Is Web3 the future of the internet?
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The Birth of The internet
Saying the internet has grown since inception is an understatement. In fact, it has been a phenomenal revolution in the digital world, and the technology keeps on evolving. The internet was one of the remarkable inventions of the 20th century. Starting from Arthur Clarke’s envisioning of a satellite, to Hughes Aircraft Company and its collaborative launch of the Syncom project, with NASA and then to the birth of satellite TV. This laid the foundation for the first intercommunication of two computers via a satellite and then the ensuing creation of the ARPANET (Advanced Research Projects Agency Network). More computers started getting connected and then the eventual birth of the internet. In the beginning, which has been dubbed web1, and the original generation of the internet, people could only consume content from the intent on their screen without any chance to interact with the websites other than just watching.
The Advent of Web3
Right into the beginning of this 21st century, the internet took on a new turn and exploded into an amazingingly interactive platform that the world has never experienced before. This led to the birth of web2, or Web 2.0 as popularly tagged. This is when the internet moved from read/view only portals to very interactive interfaces where users could also make their contributions to the internet and consisted of web and social media applications. Platforms like Facebook, Google search/docs, Twitter, blogging platforms, gaming, and several others came into being. This is what were This web2 revolution brought into being platforms that were open, easy to use and interoperable. These Web2 solutions are what we find on the internet of late surrounding us all across the globe. Web3 is the next-generation conceptual version of the internet. It will be decentralized unlike its Web1 and Web2 predecessors. Web3 seeks to bring into the space platforms that make available to users authority and ownership over the internet with a high form of interactiveness and earning opportunities at large.
What Makes Web3 a Futuristic Innovation
The internet is evolving and it is evident that operations won’t remain as it is now forever. The digital realm is constantly growing at an incredible pace and one way the world will evolve along will be through Web3. Freedom from centralized platforms on the internet and privacy have sparked hot debates in the industry. Big corporations hoard enormous data about users and have immense control over the internet and more than 5 billions users. Web3 provides this yearned for decentralized systems where blockchain will play an integral part along with layer 2 protocols and user interface frameworks. It will also come along with use of nodes (controlled by users around the globe other than centralized servers in Web 2), free participation, zero censorship, improved efficiency and the ability to earn.
Many Web solutions are being developed and providing amazing opportunities for internet users to experience the next generation of the internet. Step Metaverse is one of the projects curating Web3 features into its FitFi innovation. One main way is through its unique mechanism of crowdfunding where everyone is given the chance to own tokens through TGE instead of using the usual VCs (Venture Capital) first option done by many. Users will additionally be earning through gamified features- another great hallmark of Web3. The internet is growing, and Web3 will make a huge impact.
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