Web3 has taken a decent shape however isn’t all there yet. Some industry experts says that it’s too early to get excited about Web3 on the other side there are new age startups who are creating infrastructures and building decentralized application and platforms which can be leveraged by other companies and developers.

With Web3 Decentralized Finance or DeFi is giving possible path to provide financial services to the people for whom it’s not available at all; as per industry reports almost 1.7 billion people all around the world have no means and access to financial services.

New privacy and digital infrastructure specifications for Web3 are in the process of building, blockchain based games are already adopted by big gaming companies and with this they are currently leading the Web3 journey.

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https://blog.blockmagnates.com/web3-decentralized-internet-building-blocks-what-are-these-actually-5a212272676e