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What You Need to Know About Web3, Crypto’s Attempt to Reinvent the Internet
Web3 is a heady mix of creative new projects, techno-utopianism, and financial engineering.
15 Dec 2021, 06:30 AM IST
(Bloomberg Businessweek) -- If you follow the world of cryptocurrency even casually, you know it produces a constant supply of jargon. There’s NFT, dapp, DeFi, and tokenomics, to name a few. Brace yourself for a new one: Web3. The idea is that crypto isn’t just for sending money or speculating with, but could be used to build a whole new web. If the believers are right, this is one bit of cryptospeak worth getting familiar with, eve...
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