Web3 as it is known today is a term coined by Gavin Wood, cofounder of Ethereum, and all of his notable work is related to blockchain technology, and that includes web3.
Despite all the vague talk about freedom, really, web3 is all about cryptocurrencies. That is, web3 needs cryptocurrencies to work and it has no reason to exist without cryptocurrencies.
Despite all the vague talk about freedom, really, web3 is all about cryptocurrencies. That is, web3 needs cryptocurrencies to work and it has no reason to exist without cryptocurrencies.