Web3 and How to Earn in the Decentralized Internet Era
Web3 and How to Earn in the Decentralized Internet Era Introduction Web3 is the term used to describe the next generation of the internet built on blockchain technology. While Web1 was about reading information, and Web2 focused on social interaction and centralized platforms, Web3 introduces a decentralized internet. In this new paradigm, users gain full control over their data, digital assets, and identity. With the rise of smart contracts, tokenization, and decentralized finance (DeFi), Web3 opens up vast opportunities for individuals to generate income without intermediaries. This article explores what Web3 is, the main earning methods within it, and the challenges that come with this new digital economy. What Is Web3? Definition: Web3 is an ecosystem of internet applications built on blockchain, enabling peer-to-peer interactions without central authorities. Key characteristics: Decentralization: No single entity controls the system. Tokenization: Digital assets can be...
