What Even IS Web3?

Sit back witches, pour yourself a cocktail, and get ready. We’re demystifying one of our most frequently asked Crypto Witch Club community questions … what’s Web3 and how does it relate to cryptocurrency, the blockchain, and NFTs?

from Web1 to Web3, we’re demystifying what falls under the umbrella of this next iteration of the internet

Let’s define Web1, Web2, and Web3.

Web 1: Read-only

Web1 is the earliest form of the internet — ‘born’ in the 1980’s when a collection of three networks were linked by a common protocol for the first time — ARPANET, Packet Radio, and Packet Satellite. Remember dial up AOL, jamming your phone lines, and ‘free minute’ CDs in your mailbox? That’s mostly still Web1. Web1 allowed us to use the internet as a source of information (“read only”).

Web 2: Read and Write

Web2 is much of the internet as we know it today. Enter chat rooms, e-commerce (with checkout capabilities), live customer support, and social networking apps like Friendster (RIP), MySpace, and Facebook. Web2 turns towards participation, with user-generated content and culture. Web2 allows us to communicate with each other and carve out our own personal spaces on the internet (“read and write”).

Web 3: Read, Write, Own

Web3, also known as the “decentralized web” or “Web 3.0”, offers an upgrade to Web2 by layering digital ownership and…