1. What Is Web3?
Web3 is a blockchain-based decentralized internet. Users own their data and assets.
💡 The Evolution of the Internet
Web1 (1990–2004): Read-only. Static webpages and one-way information.
Web2 (2004–present): Read and write. Social networks and YouTube; platforms own the data.
Web3 (present onward): Read, write, and own. Blockchain; users own the data.
2. Core Components of Web3
- Blockchain — A decentralized database.
- Wallets — MetaMask and digital identity.
- Smart contracts — Automatically executed programs.
- Tokens — Digital representations of ownership and value.
- DAOs — Decentralized autonomous organizations.
- DIDs — Decentralized identity verification.
3. Notable Web3 Projects
- Ethereum — The foundation of Web3 infrastructure.
- IPFS/Filecoin — Decentralized storage.
- ENS — Blockchain domains.
- Lens Protocol — Decentralized social media.
- The Graph — Blockchain data indexing.
4. The Convergence of Web3 and AI
Web3 is the internet's ownership revolution, while AI is an intelligence revolution. NOONOO TRADING analyzes financial data and trades on Web3 infrastructure.