Move over   metaverse , there ’s a newfangled technical school buzzword in townspeople ! It ’s Web3 or entanglement 3.0   – the phylogenesis of the internet as portend by   the   aficionado   of blockchain , the technology behindenvironmentally damaging   cryptocurrencyandNon - Fungible Tokens(NFTs ) .

The idea itself seems like natural progress from WWW   1.0 to Web 2.0 to the next matter . Up until the early 2000s , the cyberspace was dominated by some major content Almighty   and most user were just consumer . That changed with vane   2.0 when more and more users   became the content   provider and   the big   players   in the industry   render a position where such message could be shared .

Web3 would be   the next   step . The drug user are not just content God Almighty , they are also in charge of the platforms where   the substance   is   portion out . centralised entities , such as Facebook , Twitter , and Google , will be replaced by societal media platforms and lookup engine with no company behind them .

" There ’s a small group of ship’s company that own all this stuff , and then there ’s us who use it , and despite the fact that we give to the success of these platforms , we do n’t have anything to show for it , " Mat   Dryhurst , a Berlin - ground artist and investigator who teach class at New York University on the futurity of the internet , toldNPR last month .

The estimation is intelligibly challenging to many mass , peculiarly   in lite ofsocial media   caller '   behaviorsconcerning privacy , misinformation , and the general disregard for the mental well - being of its users . But , despite the near purpose   of the proponents of this imaginativeness , the outcome might not be what they desired .

Former Twitter CEO Jack   Dorsey deal on societal medium that user wo n’t be the ones who own this possible future internet . He take that speculation capitalists are already seat in the   engineering science   and they will be the   unity   in command .

" You do n’t own ' web3 . ' "

" The VCs and their L-P do . It will never run away their incentives . It ’s at long last a centralized entity with a different recording label , ” Dorsey tweeted on December 21 . “ acknowledge what you ’re get into … ”

This has certainly caused a stir among fans and proponents of Web3 .

Another commotion came from Elon Musk , as the billionaire take in   to Twitter to vaguely talk about the uncertainness of the future of the internet . We are look decades   into the future tense , so much is changeable , but , Musk debate , Web3 is presently " more selling cant than reality " .

I gauge we ’ll just have to hold back and see if Web3 really is the futurity of the net .