The Internet's Development
It is an understatement to say that the internet has expanded since its birth. In truth, the digital world has undergone a spectacular upheaval, and technology is still developing. One of the notable inventions of the 20th century was the internet. Starting with Arthur Clarke's conception of a satellite, the Syncom project was jointly launched by Hughes Aircraft Company and NASA, which led to the invention of satellite TV. This served as the basis for the first satellite-based communication between two computers, which led to the subsequent development of the ARPANET (Advanced Research Projects Agency Network). After more computers began connecting, the internet eventually came into being. The first iteration of the internet, known as web1, allowed users to just view content from websites on their screens without having any more opportunity to interact with them than passively viewing.
The Beginning of Web3
As the twenty-first century got underway, the internet changed direction and erupted into an incredibly dynamic platform that the world had never seen before. As a result, web2, often known as Web 2.0, was born. At this point, online and social media applications replaced read-only portals on the internet with highly interactive user interfaces that allowed people to contribute to the internet. Numerous platforms were created, including Facebook, Google search/docs, Twitter, blogging platforms, gaming, and others. What we were were Open, user-friendly, and interoperable platforms were created as a result of the web2 revolution. These Web2 solutions are what we currently see on the internet all throughout the world. The hypothesized next-generation of the internet is called Web3. In contrast to its Web1 and Web2 predecessors, it will be decentralized. Web3 aims to introduce platforms with a high level of interactiveness and general earning potential into the market that give consumers access to ownership and authority over the internet.
What Characterizes Web3 as a Futuristic Innovation?
The internet is changing, so it's clear that things won't always run as they do now. One way the world will change as the digital sphere continues to expand at an unbelievable rate is through Web3. Hot topics in the business include privacy and online freedom from centralized platforms. The internet and its more than 5 billion users are completely under the authority of large corporations, who also possess massive amounts of user data. Blockchain will play a crucial role in decentralized systems provided by Web3, together with layer 2 protocols and user interface frameworks. Additionally, it will include the utilization of nodes (managed by people all over the world as opposed to centralized servers in Web 2), unrestricted participation, no censorship, increased effectiveness, and the capacity for profit.
The development of numerous Web solutions is giving users of the internet incredible opportunity to experience the internet's next evolution. One of the projects integrating Web3 technologies into its FitFi invention is Step App Metaverse. One key way is through its distinctive crowdfunding system, which gives everyone the opportunity to own tokens through TGE as opposed to using the common VCs (Venture Capital) first option used by many. Users will also be able to profit from gamified features, another outstanding aspect of Web3. The influence of Web3 will be enormous as the internet expands.