Web3 – 2
Momentum Works has a couple of slides which shows the simplified history of the Web through its three evolutions:
a16z’s May 2022 report on the state of crypto shows the evolution:
The three key points it makes about Web3:
- Web3 gives people property rights: the ability to own a piece of the internet
- Web3 aligns network participants to work together toward a common goal — the growth of the network
- Web3 empowers a collective owned future over a corporate or government owned future
It offers the following view on the future:
