Token Economy

Web3, Blockchain, and the Next Internet Era Web3, Blockchain, and the Next Internet Era invites us to rethink ownership online. The idea is simple: instead of trusting a single company, people share control with a network of computers. Blockchains provide a common record that many participants can verify. This can reduce gatekeeping and open new ways to interact, trade, and create. The goal is a more open internet where users decide how their data is used and rewarded. ...

Web3, Blockchain, and the Future Internet Web3 describes a new wave of internet apps that run on public blockchains. The goal is simple: give people more control over their data, identities, and online services. With Web3, users can own pieces of apps, vote on rules, and move ideas between services more easily. Blockchains provide a shared and durable record. They let anyone verify what happened, without trusting a single company. Smart contracts turn that record into automatic agreements. When a condition is met, the contract runs, payments move, or access is granted. This removes many middlemen, lowers some costs, but also adds new risks. ...