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Understanding The Basics Of Web3 And How It Differs From Web2

The Growth Engine(TGE). Ep.#13

Greetings folks,

Today, I want to talk to you about a topic that I believe is crucial for your success in this new frontier of the internet: understanding the basics of web3 and how it differs from web2.

Now, some of you may be wondering: "Onyekas, what the hell is web3?" Well, let me tell you, it's the future of the internet as we know it. It's the next evolution of the web, where decentralization, blockchain technology, and cryptocurrencies reign supreme.

In web3, the power is in the hands of the users, not the corporations. It's a world where you can transact directly with anyone, anywhere, without the need for intermediaries.

It's a world where privacy and security are paramount, and your data is yours and yours alone.

But how does web3 differ from web2, you ask? Well, let me break it down for you.

Web2 was all about centralized platforms and services, where the power was in the hands of a few big players. Think Facebook, Google, and Amazon.

These companies controlled everything from the data you shared to the ads you saw. They were the gatekeepers of the internet, and they held all the keys.

Web3, on the other hand, is all about decentralization. It's about creating a world where the power is distributed among the users, not the corporations. In web3, there are no middlemen or intermediaries.

You can transact directly with anyone, anywhere, without the need for a third party to facilitate the transaction.

So, what does this mean for you as a web3 entrepreneur? Well, it means that you have the opportunity to create something truly revolutionary.

You have the chance to build platforms and services that are truly decentralized, that give power back to the users.

It's not going to be easy, though. Web3 is still in its infancy, and there are plenty of challenges that you'll face along the way.

But if you're willing to put in the work, if you're willing to push through the obstacles and the naysayers, you can create something truly special.

So, my fellow web3 entrepreneurs, I urge you to keep pushing forward. Keep learning, keep growing, and keep building. The future of the internet is in our hands, and together, we can create something truly remarkable.

Until next time,

Onyekas.