What is Web3?

“For all the good we’ve achieved, the web has evolved into an engine of inequity and division; swayed by powerful forces who use it for their own agendas.” — Internet pioneer Tim Berners-Lee

Our first two internet generations have connected us like never before. They also have generated problems we’ve never seen before either.

Let us remember. The first internet got set up to share information. The second internet got set up to let us interact better and download content faster. Neither generation got built to allow people to securely exchange value, fundraise, or make economic…