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Web 3 is known as an idea for a new form of the World Wide Web based on block chain technology, it incorporates concepts such as decentralization and token-based economics. Decentralization in Web 3.0 means that consumers accessing the internet through services mediated through companies such as Apple or Google, individuals, themselves, own and govern sections of the internet.
What is a Web 3.0 Website? Third generation of internet services for websites and applications that will focus on using machine-based understanding of data to provide a data-driven and Semantic Web. Initially the goal of Web 3.0 is to create more intelligent, connected and open websites.
3 Key Features of Web 3.0
I. Blockchain- User data is protected and encrypted. It prevents large companies from controlling and/or using user’s personal data for their gain.
II. Edge Computing- Web 3.0 relies on the advance of edge computing in which apps and data are processed at the network edge on devices such as mobile phones, laptops, and smart cars.
III. Artificial Intelligence- Uses natural language processing, computers can understand information on a human-like level to provide faster and more relevant results. This satisfies the needs of users.
How Can Money Be Made With Web 3.0
I. Web Advertising
II. Revenue Sharing and Decentralized Finance (DeFi)
III. SAAS/Software as a service
IV. Become a Web3 Developer
More Ways To Make Money From Web 3.0
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