Is this really Web 3.0?


Web 1.0 came and went, followed by Web 2.0. Now, Web 3.0 is on the horizon.

The rapid development of the Internet and the popularization of accessible mobile devices have driven the transition from Web 1.0 to Web 2.0.

However, blockchain technologies are now finding their way into the online environment. This ushers in Web 3.0 and offers users entirely new worms – metaverse.

the tendencies clarify the metaverse that is the future of the digital world. They embody online social life as commonly shared virtual spaces based on the digital reproduction of our physical universe.

There are plenty of possibilities to flesh them out, ranging from fulfilling fantasies, real-life storylines, and roles ranging from inhabitant to demigod.

Metaverse gives a sense of presence in real time by mimicking the mechanisms of social interaction. These are among their inhabitants through conversations, walks with friends, virtual festivals, fashion shows, exhibitions and much more.

This unique environment existing alongside the real world can only foster the development of a new economy. This NFT economy is quickly taking its roots and integrating with its traditional counterpart.

In another verse

Metaverse is the next step in the evolution of the internet. Web 1.0 was simple and boring, fulfilling but a business function by presenting contact details to other contacts without characteristics.

The usefulness of outdated 1.0 websites has only been slightly improved by adding forums, comment sections, and basic discussions to provide rudimentary means of interaction.

Then Web 2.0 breathed new life into the Internet. All of the popular websites and social networks we know today have sprung up and thrived.

However, what we now cherish as a comfortable and rather cramped online environment fails even to scratch the surface of the possibilities that Web 3.0 has to offer.

The social networks of Web 3.0 won’t be endless streams of memes and posts, but rather sprawling metavities.

A relatively new term from the cryptocurrency world – metaverse has been around for some time. They are best illustrated by Minecraft and Second Life.

However, the latter two are manifestations of Web 2.0. Meanwhile, Web 3.0 will unleash the true potential of metavers through the development of blockchain technologies and their add-ons.

Get off center

Blockchain technologies are bringing real value and proven ownership to these brave new online worlds. There are existing options for the practical application of metavers constructed using blockchain technologies which have gained sufficient popularity.

More than that, they attract real cash flow. In April 2021, a field on the The Decentraland platform sold for $ 572,000. Another sold for $ 283,567 earlier in March.

That same month, a digital property worth $ 500,000 was purchased in another metaverse – the Somnium Space Platform (CUBEs).

Seeing such numbers, one wonders how long such a trend of wild spending on non-existent assets will last.

The answer lies in the continued and vigorous development of more Metaverse. These will test the concept of migration from living and breathing communities to decentralized environments.

They will forge and perfect the integration, interactions and convenience of adapting to the online world with its offline thinking.

Test the hypothesis

Recently, a large number of industry leaders such as Animoca Brands, known for its games CryptoKitties, The Sandbox, F1 Delta Time and others, have supported a new project called Bit.Country.

The project claims to test such integration in practice. It did so by transferring 152 internet users with different technical skills to a decentralized 3D metaverse.

The experiment aims to see how the interaction between hundreds of people occurs in such a model.

To speed up user engagement in the metaverse, project developers have introduced social activities. These included virtual walks, discussions, events, video meetings and much more.

Experience has shown that receiving ownership through contribution within a community made up of people with varied technical knowledge and understanding of blockchain is a viable route to integrate mainstream internet users into a decentralized environment.

They suggested that the first generations of decentralized metavers would likely be devoted largely to gaming experiences.

People need, thirst, desire, and thirst for new experiences. Needless to say, irritation is starting to set in among social media users, who are witnessing the continued contraction of free speech online, turning them into refugees from Facebook, Twitter and the like.

The metaverses turn into welcoming havens for such disillusioned users. It’s telling when so many companies are engaging in building blockchain-based metaverse, because they go where the money is.

Blockchain technologies can indeed play an important role in the transition to Web 3.0 in the near future and serve as a starting point for its rise. Perhaps the metaverse that is developing today will become the social media of tomorrow.


All information on our website is posted in good faith and for general information purposes only. Any action that the reader takes on the information found on our website is strictly at his own risk.


About Author

Leave A Reply