WEB 3.0 Economy

The Future Belongs To You

Web 3.0 economy is the future

What happened to the old Web?

In its relatively short history the internet has undergone some major changes from Web1, Web2 and now its latest iteration Web 3. However, these terms don’t actually refer to an individual piece of software, or even a particular protocol. They instead are meant to categorize the general utility of the internet.

The Web3 revolution

Web1: Static

Verifiable

Because of the way they’re designed, blockchains can’t be changed or altered retroactively. They’re also good at issuing unique identifiers which can’t be hacked or stolen (unless you store it somewhere unsafe).

Trustless

Business relies on a lot of trust. Even if you’re protected by legal documents and contracts, the process of claiming and scrutinizing breached agreements is a headache. But it’s not just business — we trust people every single day, in almost all aspects of our lives. And this is particularly true online.

Self-governing

The Web3 ethos is one of democracy, where users determine the shape and future of the network. From crypto tokens conferring voting rights to the open markets where they can be traded, Web3 protocols and businesses exist without oversight.

Web3 on Cardano

Cardano is one of the blockchains building the Web3 economy. It’s fast, scalable and cheap to use, which makes it perfect for widespread adoption. Cardano is one of the fastest growing blockchains in Africa, and one of the best platforms for delivering a fair, trustworthy Web3.

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Adaverse Accelerator

Adaverse is a Cardano Ecosystem Accelerator that aggregates entrepreneurs, strategists and mentors building its most robust foundation in Africa.