Well known tech investor Chris Dixon has a great explanation of Web3 in the context of Web1 and Web2.

web 1 = read

web 2 = read & write

web 3 = read & write & own

To expand a bit...

Web 1 was the early days of the internet. It was really just a place to go and read information online.

Web 2 saw the arrival of social media platforms - blogs, YouTube, Facebook, etc. And with that, we were now able to write and post our own content.

Now, in Web 3, thanks to blockchain technologies and NFTs, we have digital ownership.

Exciting Times.

Enjoy!

#web3 #NFTs #technology