The history of web is as old as the history of the internet itself. Web3, is the latest buzzword that has taken over the internet. It's an idea of a utopian world made famous by giant tech companies and returned to us folks. It is essentially an idea of democratization of the internet rather than the corporatization that we see today.
Web3 runs on a DAO (Decentralized Autonomous Organization), a new management model almost without boards and executives. These autonomous organizations operate according to a set of rules written in code, allowing an unlimited number of people to participate in it and collaborate towards its growth.
SECURITY: Blockchain is secure and tamper-proof, due to its usage of cryptography and strong hashing methods because of which data cannot be changed or hacked without interference being detected.
OPEN: Apps built on web3 are open-source software by an open and accessible community of developers and executed in full view of the world.
Since web3 runs on decentralized networks, these are democratizing content creation and eliminating the middleman. These apps allow communities to earn tokens for community participation and activity directly and since these tokens have monetary values, it gives the user meaningful ownership of the project. Changing the way people live. We also recognise that our focus on living real estate places specific moral duties and responsibilities on use to deliver social value.