What is Web3? The ‘Next Phase’ of the Internet, Explained

Web3 is an internet owned by users, proponents say. Here’s how that would work.

0:00 – Web3 explained
0:29 – Web3 uses blockchain technology
1:19 – Web3 payment systems
1:57 – How Web3 Facebook could work
2:30 – Web3 concerns
3:10 – Metaverse in Web3
3:29 – Web1 and Web2 explained
4:40 – Can Web3 be achieved?
5:37 – Decentralization might not be the answer
6:15 – What Web3 looks like right now

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