How Web 3.0 Will Redefine the Internet and Usher in New Wealth for Crypto Investors
Cryptocurrency investors will be in the right place at the right time when the next powerful phase of the Internet rolls out with Web 3.0.
Many of you will remember when the first website went live in 1991. That was the Internet’s first variation, Web 1.0. Then, Web 2.0 came in with the introduction of apps like YouTube, Google, Amazon, and Facebook.
Now, we’re moving into Web 3.0 (or web3), which is being built on blockchain technology – the very same technology that makes crypto transactions possible. Much like crypto, Web 3.0 aims to strip away the power hoarded by today’s “Big Tech” establishments and give the power back to people like you.
Throughout history, we’ve seen immense profit opportunities come along with the introduction of new and disruptive technologies. Google and Facebook turned hundreds of their employees into multi-millionaires and made billionaires of some of their founders and early investors with the rollout of Web 2.0.
And as Web 3.0 unfolds, the folks who missed out on the last disruptive technology phase and the riches that came with it will get another chance to generate their own life-changing wealth.
That could be you.
To make sure you’re at the forefront of this new wave, check out these projects that are already underway and opportunities to invest in Web 3.0…
Web 3.0 Projects
Much of what we know about Web 3.0 is that it will be shaped by decentralized applications (or dApps for short).
Compared to a Web 2.0 app like Google Chrome, which runs on a device such as a smartphone or PC, Web 3.0 dApps run on a distributed, decentralized network such as the Ethereum (ETH) network.
Here are a few examples of dApps that will help shape the Web 3.0 landscape:
|Function||Web 2.0 Apps||Web 3.0 dApps|
|Storage||Dropbox, Google Drive||Storj DCS, IPFS (InterPlanetary Fil System)|
|Social Network||Facebook, Twitter||Steemit, AKASHA|
Web 3.0 Cryptos and Their Utility
There are a number of Web 3.0 cryptocurrencies out there right now that you can invest in – although we should note that we are not recommending you go out and buy any of the cryptos listed below.
Whether or not you invest in a cryptocurrency is a personal decision that you should only make after educating yourself on exactly what they do.
With that being said, we want to make you aware of these Web 3.0 cryptos so you can have them on your radar as Web 3.0 continues to develop:
- Flux (FLUX): Decentralized cloud infrastructure. Current price as of this writing: $1.64.
- Ethereum Name Service (ENS): A lookup system that links information to a name. Current price as of this writing: $16.98.
- Handshake (HNS): Decentralized naming service. Current price as of this writing: $0.2334.
- Chainlink (LINK): Allows smart contracts on Ethereum to securely connect to external data sources, APIs, and payment systems. Current price as of this writing: $16.16.
- Syntropy (NOIA): Designed to solve issues prevalent in the current Internet framework, including security, privacy, governance, and performance. Current price as of this writing: $0.1474.
- Marlin (POND): High-performance network infrastructure for modern decentralized networks. Current price as of this writing: $0.04313.
- NuCypher (NU): Helps dApp developers secure their data on the blockchain with decentralized proxy re-encryption as a service. Current price as of this writing: $0.512.
- AIOZ Network (AIOZ): Reimagining streaming from the ground up with a blockchain that integrates content distribution and tokenomics built for media. Current price as of this writing: $0.1818.
Web 3.0 and the Metaverse
Web 3.0 and the metaverse are closely tied, and you’ll often hear the terms used in tandem with each other. That’s because Web 3.0 is an important building block in the success of what Goldman Sachs and Morgan Stanley are projecting will be an $8 trillion metaverse market in the next two decades.
The metaverse is not just a place to hang out digitally or how good the graphics are for your VR (virtual reality) platform. Rather, a true metaverse is decentralized, owned, and driven by the community.
For example: Facebook’s world is not a metaverse, but the Decentraland (MANA) is. In Decentraland, users can create in-game assets and sell them for real money. They can also buy land and host experiences on top of them and sell tickets. All these actions are driven by supply and demand.
The better products you create, the better the game becomes – and the more you get paid. And because you get paid in the MANA token, the major contributors to the ecosystem also become its biggest shareholders, meaning they can then drive and dictate the platform’s direction.
For us to live and play in the digital world, it needs to be run by its people instead of companies. Web 3.0, crypto, and NFTs (non-fungible tokens) make the perfect platform to complete this vision.
But you don’t have to wait to start building your profits from the metaverse. Tech investing expert Michael Robinson has identified three opportunities with the potential to hand you 1,000% gains over the next few years: one crypto and two stocks.
Check out his top three picks here.
Then, stay tuned for more opportunities to come as Web 3.0 unfolds.
The Alternative Wealth Daily Research Team