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Is Web3 like playing Minecraft?

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Web3 puts big companies like Meta out of business and gives every user the right to collectively create the next big thing. Decentralization and the combination of man and machine will be at the heart of the Web3 projects.

There’s a reason for users’ passive participation: we’re still busy trying to get most of the pie. But now Web3 is in the pipeline. That will change radically. In the coming years there will be a shift from tech giants who are “the boss”. to people taking the lead.

When Web3 development is complete and you also work in IT, blockchain or crypto space, we will all be the boss. Data is stored decentralized and everyone and everything is connected. It offers opportunities and harbors risks at the same time. Think privacy and compliance risks, smart contract hacks, and rug pulls. More control requires more responsibility.

Cryptocurrency, NFTs, smart contracts and blockchain technology will be essential in the upcoming Web3. Smart Contracts are fully digital contracts and will take the lead in a secure and automated online environment. Machine learning, artificial intelligence and the internet of things will also have a seat at the table so you can imagine what kind of revolution this will have for us as everyday users of the internet.

https://cointelegraph.com/explained/is-web3-like-playing-minecraft Is Web3 like playing Minecraft?

Fry Electronics Team

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