What is web3?
Web3 refers to the next generation of the internet, where users have more control over their data and how it is used. It is built on blockchain technology, which allows for secure and decentralized systems where information can be stored and shared without the need for a central authority. Learn more
What is the metaverse?
The metaverse is a decentralized digital world built on blockchain and VR, where users interact with each other and with digital assets. It is comprised of multiple pillars:
Digital Identity
Digital Ownership
Decentralized Organizations
Cryptocurrency
Decentralized Finance
The above are working together to create an open, transparent and accessible digital world without central authority. It is likely that artificial intelligence (AI) will play a significant role in the development and operation of the metaverse.
I am providing my own insights and opinions on the metaverse, cryptoverse and web3. I aim to provide easy-to-understand information and keep track of the progress in these areas.