What is the Web3?

Investment funds ploughed $27 billion dollars into the development of web3 technology in 2021. Much of that went into blockchain and cryptocurrency, the decentralized foundations which will power the financial incentives to continue the evolution of web3 – or the future of the internet, to give it a more readily recognisable title. But why? What is web 3.0, and why is so much money and coverage being lauded upon it? Sometimes referred to as web3, internet 3.0 (do you prefer …

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