In the Web 3.0 future, millions (perhaps billions) of personal computers around the world combine to create blockchain networks that allow us to move information — pictures, videos, stocks, bonds, titles, songs, etc. — free from the control of any central authority.
Before we attempt to unpack that definition, we first probably need to briefly revisit the 1990s and the birth of Web 1.0. For many of us, our first internet experience was clunky, decentralized, and, at times, tedious.said, "you might even have to have a friend to help you make sure you had your forward slashes in that right."Big Tech
Del Castillo compared this internet of today to a collection of walled gardens in which users seed and cultivate individual profiles and followings that don't carry over to other digital plots, bringing us back to Dryhurst's definition of Web 3.0. "The network is up all the time because a distributed group of people globally are hosting and running it," Dryhurst said.
"A Web 3.0-enabled news site might actually charge you as you scroll down," del Castillo said, "and it's going to charge you, like I said earlier, a billionth of a trillionth of a cent to read a word or a line or a paragraph." "If the new Web 3.0 Twitter existed, you being the first user on the platform who then amassed millions of users, you would actually own a bit of the company," Inspired Capital founderVon Tobel offered a Web 3.0 example where musicians might look to the blockchain to see which wallets paid for attendance to the most of their shows and then reward those superfans with something that gains value as the artist gains popularity.
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