Introduction
One of the most significant developments of this generation has been the launch of Web 3.0. Since the inception of the internet, the web world has gone through a complete metamorphosis over the years, always bringing more features to users. This recent evolution is said to be much faster as more people are relying on the internet now. But how different will Web 3.0 be from the current Web 2.0? Let’s find out!
What is Web 2.0?
Evolving from Web 1.0 (1990–2005), Web 2.0 added a more interactive layer to the previous version that focused solely on content delivery. Web 2.0 enabled the collection, generation, and distribution of any form of data through the internet. It is also the phase where social media was introduced, connecting millions of people from across the globe.
What is Web 3?
The most talked-about successor of Web 2.0, Web 3.0 will be formed of blockchain technology, metaverse, and many more interactive features. Instead of merely interacting with content, users will now be able to own content through the metaverse. Web 3.0 envisions taking our entire lives on the internet instead of just parts of it.
Read About: Role of Web 3.0 In Participatory Economics
Web 2.0 Vs Web 3.0
If you are also wondering about the real difference between Web 2.0 vs Web 3.0, here’s everything you need to know!
Security
Web 3.0’s best feature is said to be the enhanced cyber security it would provide as compared to major lapses seen with Web 2.0.
Currency
Most payments in Web 2.0 are through fiat currencies or regular national currencies. However, with the crypto boom, Web 3.0 will most certainly promote the use of virtual currencies. This is also primarily because blockchain technology-enabled crypto functions on similar concepts as Web 3.0.
Ownership
Web 2.0 has always been more centralised, with the central authorities having complete control of the data and services. Web 3.0 focuses more on the decentralisation of all services by introducing peer-to-peer networks, making them more accessible and transparent for everyone.
Technology
While the control was much better for Web 2.0 as compared to Web 1.0, the Web 3.0 revolution will be brought on by the use of Artificial Intelligence (AI). Coupled with effective Machine Learning, Web 3.0 will be powered by the next-gen technology that will have more seamless use cases of deep tech, making our lives much simpler than before.
Social Media
Social media platforms like Facebook were the highlight of Web 2.0. Web 3.0 plans on making it even more immersive and interactive by introducing virtual reality, augmented reality, and other realistic features to make an entire virtual world.
How to invest in Web 3.0?
If the future of Web 3.0 has impressed you, now would be a good time to invest in it. There are multiple ways of investing in Web 3.0 based on speculations of what might be the most valuable assets during the launch of Web 3.0. Here’s how you can invest in Web 3.0.
NFTs
Most NFTs market themselves as having Web 3.0 related utilities like being able to use avatars on the Metaverse. Investing in the right ones could make for a good investment.
Cryptos
The currency used with Web 3.0 will be crypto, so it would make sense to have some of them in your wallet. They also make for good independent investments with high returns. Start trading on safe crypto exchanges like ZebPay today!
Virtual Worlds
Virtual Worlds like SandBox allow users to purchase virtual land through their network. Many such platforms will emerge in the future, so choose wisely and make investments in virtual assets.
Parting Thoughts
The future is uncertain, but it definitely helps to stay vigilant about the direction in which it is headed and adapt to the changes. Stay tuned for the latest updates on Web 3.0, blockchain technology, crypto news, and more!
