FAQs
What is Web3?
Web3 is the next step in the evolution of the open internet. In this evolution, blockchain technology enables people to interact directly with each other without the need for an intermediary. Web3 combines the best parts of previous internet generations; the community-governed spirit of Web 1.0, and the interactive high-engagement nature of Web 2.0.
In Short:
Web 1.0 = read
Web 2.0 = read/write
Web 3.0 = read/write/own
Web 1.0
Read only, decentralised
Web 2.0
Participatory, centralised
Web 3.0
No intermediaries, decentralised
What is the Metaverse?
The current concept of the metaverse focuses on allowing people to do anything they can do in real life. Going to a work meeting, hanging out with friends, shopping, concerts, performances, and even sightseeing can technically be done in the metaverse.
Why Web3, NFTs or the Metaverse?
We are in an incredibly exciting phase of NFT and Web3 adoption. Now is the time for organizations to learn about the experience of first movers, upcoming opportunities, and the most effective strategies to begin participating in this fast-growing market.
The NFT market has experienced a tenfold increase in turnover over the last two years. There’s no denying that this tech is not going anywhere. It’s just at its inception.
