What is Web3?

For several years, many specialists have been talking about Web 3.0 as the future Internet revolution. But what exactly is Web3? What are we talking about ? What are the differences with Web 1 and 2? This is what we will see in detail in this article dedicated to the concept of Web 3.0

What is the difference between Web & Internet?

The Internet is a network using a communications protocol (IP) which offers connection and data transfer services between computers and servers.

The Web is an application, an Internet service, invented by the British physicist and computer scientist Tim Berners-Lee which allows on a computer, from a web browser, to display website information stored on a server and browse them by clicking on hyperlinks.

In summary, the Internet is referred to as the “network of networks” while the Web is one of those networks that we all use daily across the world for decades.

Web 1.0 was a technological revolution!

Appearing in the early 1990s, the first version of the Internet is commonly called Web1. This version of Web 1.0 then made it possible to consult websites from a browser.

From a web browser like Internet Explorer, Internet users could access static, relatively basic websites, filled with text or images, and browse them by clicking on hypertext links.

In summary, Web 1.0 was a real revolution, but a basic, static, and informative internet where the user could only consume content in the form of text and images .

Web 2.0 revolutionized the Internet 10 years later!

Created in the 2000s, Web 2.0 was a revolution compared to Web 1 because Internet users now had the possibility of interacting with websites, and in particular by creating informative content in text form, but also in audio form, video etc.

Thus, the static content of Web 1.0 has become dynamic content with the appearance of Web2 in which Internet users are no longer only consumers, but also actors. The main examples of this evolution include:

  • Wikipedia for participatory and informative content
  • Youtube for video content and artistic creation
  • Blogs for content creation and independent media
  • Social networks (facebook, myspace, twitter etc.) for the social aspect etc.

In summary, Web 2.0 refers to a dynamic, participatory, social Internet in which the Internet user can consume or create content ( text, audio, video, etc. )

Why is Web 3.0 also a revolution?

You will have understood if you have read well up to this point, the Web was missing a fundamental aspect until now: the notion of digital property, rarity and uniqueness in digital .

It is precisely this lack that the technological innovation of blockchain , which now makes it possible to implement the possibility of digital ownership with NFTs .

The technological innovation of blockchain

In the 2010s, blockchain technology was invented blockchain the best-known creation of which since this new technology is the cryptocurrency Bitcoin BTC . But in reality, blockchain offers many other possibilities and much greater potential than the creation of digital currencies and alternatives to traditional and fiat currencies.

A decentralized and secure ecosystem

But blockchain technology also offers many other systemic advantages:

  • blockchain makes it possible to develop completely decentralized applications,
  • blockchain offers an unrivaled level of transparency and security,
  • blockchain allows operations and transactions to be carried out in real time, etc.

The promise of Web3 is to give power back to Internet users!

In summary, Web 3.0 is a decentralized, transparent, instantaneous Internet, in which digital ownership exists where the Internet user can consume content, create it, and own it .

From Web1 to Web3:Consume Create Possess
WEB 1.0
WEB 2.0
WEB 3.0

The consequences of Web 3.0 in the world of Gaming

The development of Web 3.0 has not remained without impact on the world of Gaming, but on the contrary is revolutionizing the world of video games and its economic model.

The old economic ecosystem of Web2 games

Previously, players had to buy their video game to be able to play it, and often, there was the possibility of then purchasing skins and accessories from the game store. Here, the player spends money wastedly to finance the development of the game and then enjoy it.

In short, in Web2, players were willing to spend money to have fun.

The new economic ecosystem of Web3 games

With the appearance of Web 3.0, a new economic model was born with that of Play to Earn . The idea here is to reward the best players by earning them real money rewards, or NFTs, which have real monetary value, and are exchangeable or resalable.

In summary, in Web3, players can instead earn money and have fun.

The promise of Web3 games is to give the power back to the players!

blockchain technology in the world of Web 3 games is the NFT ( non-fungible token ) . Concretely, an NFT is a non-fungible digital asset of which one can hold full ownership. Thus, integrated into the world of video games, it is now possible to buy or win skins in the form of NFTs which can then be resold for real money, or exchanged for other NFTs on marketplaces.

FORUM: we answer all your questions!

Still have questions ? Need more information ? Or simply want to share your opinion, your knowledge, and exchange with other enthusiasts? The “Forum” space below is there for that! Do not hesitate to register for free on PLAY3R to join the 1st community of Web3 players.

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