Does Web3 Have a Coin? - Web3 Tips

Does Web3 Have a Coin? - Web3 Tips

Advances in blockchain technology have accelerated a transition from Web 2.0 to Web 3.0. But let's go back in time for a moment. 

In the late 1990s, the term "Web1" was established to designate the most popular internet and messaging platforms. Since then, the Internet's evolution is what we now refer to as Web2. The emergence of new social media platforms including Spotify, Facebook, Instagram, and Tiktok has been particularly notable during this period of Internet transformation.


However, in 2014, Ethereum & Polkadot co-founder Gavin Wood published a blog post titled "Apps: What Web 3.0 Looks Like," He introduced the term "Web3". Recent trends in the tech space suggest we're already in this dispensation, and like its enabling blockchain technology, Web 3.0 has its cryptocurrency. Quite likely when you think about it. But, how true is this position? 

By the end of this article, you'll have found your answer. 

What is Web3?