Welcome to the era of web 3.0

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In the early days of Bitcoin, people started using it to buy illegal goods on a large scale dark web.

Its price was more volatile than it is today. In 2013, it fell 95% before exploding +1000% in 2014.

Bitcoin was hard to buy and even harder to protect. Cryptocurrency buying platforms have been the target of hackers.

The largest accident occurred in 2014 in the aftermath of the attack on the Mt. gox. 650,000 bitcoins were stolen in this way. At current prices, this theft is now worth $25.4 billion. Enough to make it the biggest heist in history!

Vitalik Buterin published the white paper shortly after this disaster Ethereum.

Ethereum changed the future of the currency by creating a programmable currency.

This functionality led to the proliferation of new cryptographic protocols, collectively referred to as “Decentralized Finance” (DeFi).

These protocols made it possible to exchange and borrow digital assets without intermediaries.

The total value locked in DeFi has gone up. We’ve grown from less than $1 billion to over $100 billion in just two years.

But this is not the only major disruption caused by cryptocurrency…

These disruptions are changing the internet as we know it.

I predict: I think 2022 will be the year when Web 3.0 will be popularized.

So much so that even those who resist encryption will soon convince users of this new generation of the Internet.

Your online data is not yours today

You know what they say:If it’s free, you are the product“.

In other words, the free phone app does not exist.

All the apps you use log your data and then sell it to marketers.

Your online data doesn’t really belong to you.

And that’s precisely the promise of Web 3.0: to allow users to take back control of their data.

Instead of Facebook and Twitter owning each other’s data, you’ll be able to control it.

For now, we’re seeing the beginnings of this process.

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Web 3.0 gives you the options

When you access a 3.0 website page, you can choose whether or not to allow it to view your website content. Pocket wallet (or e-wallet).

Concretely, a Pocket wallet It allows you to hold cryptocurrency tokens and interact with 3.0 websites. You can trade cryptocurrencies, play games and buy NFTs.

We can see that Web 3.0 is already becoming a reality with the growth of users of MetaMask, one of the leading wallets in the market: in November 2021, MetaMask had 21 million active users compared to just 545,000 in July 2020.

That’s +3500% growth in just over a year.

Web 3.0 is attracting more and more investors

Unexpected investments are pouring into the Web 3.0 sector.

A chart from PitchBook shows that venture capitalists pumped $30 billion into cryptocurrencies in 2021.

This is nearly four times more than the previous high of $8 billion in 2018.

More money means more Web 3.0 ideas will pay off.

And when money flows into a new industry or technology, it attracts talent and successful entrepreneurs.

In this regard, an article from The New York Times Emphasize the number of CEOs in Technique Who went into coding projects:

“A growing group of the tech industry’s brightest minds see it as a revolution as you see it only once every few decades. A transformation that rewards those who discover it before the rest of the world.
With cryptocurrencies, it parallels the early days of the internet that many people laughed at, before this technology spawned a new generation of billionaires.”

Building this decentralized future will not be easy, and it will not happen overnight.

But like all technologies, adoption happens slowly at first… then suddenly accelerates.

We’ve seen it with the Internet: between 2000 and 2010, the number of Internet users dropped from 300 million to 2 billion. In 2020, this number exceeded 5 billion.

The same for smart phones : They hardly existed 15 years ago. Today, the average American dedicates 3.5 hours a day!

It is only a matter of time before encryption and technology blockchain Follow the same path. Now is the time to invest in the future of Web 3.0 technology before it becomes mainstream and disrupts the Internet.

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