Demand is only growing for the move to Web3, and with it an internet built upon the first principles of decentralization — self-sovereignty, data ownership and censorship resistance.
) white paper was released in 2009, which further cemented the imperative of decentralization. Is the decentralization narrative here to stay? Let’s find out why Web3 is gaining ground today.Web3: Role of decentralization in the innovation economy
The fundamental premise of the internet centered around connecting people. The internet has evolved over the last 30 years, and our interaction with it has also changed. Despite the changes, the era of online communities can be broadly classified into three time periods. Gaming, a $200-billion industry in 2021, is the way forward for onboarding users to the Web3 ecosystem. Emerging gaming markets such as India have more than 450 million gamers. Emerging markets have lower per-capita income, creating huge opportunities for gamers to earn an income via blockchain-based play-to-earn games.
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