Web3
Token-based internet era
Web3 is a vision for a decentralized internet built on blockchain technology, where users control their own data and digital assets rather than relying on centralized platforms like Google or Facebook.
Proponents imagine peer-to-peer transactions, cryptocurrency integration, and freedom from corporate gatekeepers.
Critics see it as largely hype, a solution in search of a problem, or cover for speculative crypto schemes: He's deep into Web3 and keeps talking about NFTs.
The term positions itself as successor to Web 2.0, the era of social media and user-generated content.
Circular pattern element
- chainlinkInterwoven metal fencing
- rippleMinor surface disturbance
- tetherFastening cord for animals
- stellarOf or like celestial bodies
dash · wallet · exchange · ledger · staking · token · altcoin · stablecoin
Distributing power from center
- blockchainCryptographic linked transaction record
- shardingSplitting data horizontally
- oraclesSources of divine guidance
- interoperabilityCross-platform functional harmony
consensus · peer-to-peer · scalability · zero-knowledge · cryptography · nodes · protocol
Shared immersive digital universe
- decentralizedLacking single authority
- permissionlessRequiring no authorization
- trustlessVerified without relying on others
- gmMass unit shorthand
rug-pull · whitepaper · pseudonymous · self-custody · bankless · unbanked · community
Blockchain-verified digital ownership
- tokenizationConverting input into discrete units
- governanceHow authority is exercised
- mintingProducing official currency
- airdropParachute delivery from aircraft
polkadot
Circular pattern element
stellar · dash · wallet · exchange · ledger · staking · token · altcoin · stablecoin
decentralization
Distributing power from center
- blockchainCryptographic linked transaction record
- shardingSplitting data horizontally
- oraclesSources of divine guidance
interoperability · consensus · peer-to-peer · scalability · zero-knowledge · cryptography · nodes · protocol
metaverse
Shared immersive digital universe
- decentralizedLacking single authority
- permissionlessRequiring no authorization
- trustlessVerified without relying on others
gm · rug-pull · whitepaper · pseudonymous · self-custody · bankless · unbanked · community
NFT
Blockchain-verified digital ownership
- tokenizationConverting input into discrete units
- governanceHow authority is exercised
- mintingProducing official currency
airdrop · collectibles · royalties · provenance · fractional
- cryptoBitcoin, Ethereum, blockchain, cryptocurrency, tokens
- digital economye-commerce, digital payments, online shopping, digital marketplace, digital markets
- fintechfintech, mobile banking, digital wallet, mobile payment, digital wallets
- business trendsagile, AI, analytics, big data, blockchain
- tech buzzwordsAI, cloud, blockchain, synergy, disrupt
- Decentralized WebBitTorrent, blockchain, Ethereum, P2P, peer-to-peer
Web3walled gardens
Restricted, self-contained digital ecosystems
surveillance capitalism · Facebook · Google · Amazon Web Services · FAANG
- the webWorldwide digital network
- web pageSingle internet document
- spider websSilk structures trapping prey
- web conferencingRemote online meeting technology
- web addressInternet page identifier
- web of liesInterconnected deceptions forming structure