Web3: When 'Black Mirror' Becomes Reality?

1. Web3: Combining Web1, Web2, and Decentralized Technologies

Web3 builds upon the foundations of Web1 and Web2, integrating blockchain technology to create a decentralized internet. While Web1 was static and Web2 introduced user-generated content, Web3 aims to return control of data and identity to users through open protocols and decentralized networks.

2. Decentralized Identity: Opportunities and Challenges

In Web3, user identities are no longer tied to centralized platforms but are defined by wallet addresses and on-chain activities. This shift offers greater transparency and user control but also poses challenges regarding privacy and the potential for surveillance without adequate safeguards.

3. Web3: Investment Opportunities and Tech Giants' Involvement

The growth of Web3 has attracted significant investment from major funds and tech companies. Numerous Web3 projects have secured billions in funding, and companies like Twitter and Reddit have begun experimenting with their own Web3 initiatives, highlighting the substantial potential of Web3 to reshape online interactions and transactions.