In today’s strongly-connected world that relies heavily on the World Wide Web, there are countless possibilities and opportunities. In fact, if you’re old enough, you might have even lived through the period when the world changed due to the introduction of the WWW – and when we moved from Web1.0 to Web2.0 in 2004.
While we have definitely all benefited from the advancement of the Web, one shortfall in the system we have today is that much of the Web is controlled by a few corporations and entities – which means that the data you have and the work you do, doesn’t really belong to you.
Just as the transition Web 1.0 to Web 2.0 changed the world, the new phase of Web 3.0 is sparking a quiet but steady revolution, with its promises to give users control.
With the proliferation of the blockchain, crypto and NFTs, Web3 has become even more of a reality – everyone truly gets to benefit from decentralization, because you will fully own what you’ve built online. This could look like decentralized finance where users have transparency and speed, fairness through decentralization, privacy through the blockchain, security through encryption, and so on.
With Web3 being the big shift in the world this century, there are many apps and platforms that have been created with Web3 principles at their core. To fully benefit from the changes that Web3 will bring around, it’s key to get involved in the fastest-growing and most promising projects that will propel us forward into a world where Web3 becomes the norm.
Of course, a no-brainer you probably know about is Ethereum. It is one of the foundations that has helped to build a more decentralized world, being a community-run technology powering the cryptocurrency ETH and a plethora of decentralized applications. Among cryptocurrencies, it’s second only to Bitcoin and has a very strong case as we move into a Web3-heavy world.
Another popular platform is the Brave Browser, a new browser that aims to offer ad-blocking and other features that protect users’ information. It is, in fact, gaining popularity even amongst users who traditionally used browsers like Firefox or Chrome. Being immensely secure, it will likely be one of the leading browsers as we move closer to Web3.
Last but not least, NFTv Social is a SocialFi platform that will bring IP collaboration and social experiences onto Web 3.0, empowering content creators and consumers. This essentially allows users to benefit from social networking, as compared to the current norm where data is just given to corporations for the time spent on social networks. NFTv’s first NFT collection, the FTV Pandas, is birthed from a collaboration with FashionTV, and offers holders benefits both in the virtual and reality.
While we’re still on the way to a world where Web3 is a true norm, we’re definitely moving a step closer to ownership of our data where we can build a better world and life – and this is hugely attributed to companies like the above 3 that bring Web3 just a little closer.