What is Web3?

Web1, web2 and web3 refer to different eras of the web. In this video we look at the history of the web, why it became centralized and controlled by a handful of companies, and how web3 will re-decentralized the web, restore trust through verifiable transparency, and give users digital ownership. Web3 will replace closed platforms with open protocols, just as the web1 replaced closed platforms like AOL, Compuserve & Prodigy.

Research & Attribution:
https://www.nytimes.com/paidpost/ledger/how-crypto-is-rewriting-the-rules-of-digital-ownership.html
https://www.usnews.com/opinion/articles/2016-06-22/google-is-the-worlds-biggest-censor-and-its-power-must-be-regulated
https://www.theatlantic.com/technology/archive/2022/04/social-media-shadowbans-tiktok-twitter/629702/

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Web3 Working Group is a nonprofit organization in the process of applying for 501(c)(3) status. Our purpose is to educate about web3 infrastructure and how it's distinct from financial services in the cryptocurrency industry. We educate about how web3 infrastructure will decentralize the web and permanently restore user control of cyberspace, replacing centralized control with transparent and permissionless protocols through incentives aligned with users. See more at www.web3wg.org