From Web 1.0 to Web 3.0, the era of decentralized Internet is coming

If you turn the clock forward a few years ago, Web 3.0 is still a vague concept, people can not say what Web 3.0 is, and there is no specific technology to confirm these ideas. All the speculation about Web 3.0 was more like a fantasy of light and dark. By 2021, with the rise and spread of concepts such as "metaverse", the concept of Web 3.0 has been completely stimulated and has entered the limelight in large numbers.

The evolution from web1.0 to web3.0

In the initial Web 1.0 era of the Internet, people used traditional database websites, which were characterized by the output of content controlled by servers and operators. The shape of the Internet at that time was similar to a "read-only" model, and users were only passive recipients of content. In the Web 1.0 era, all people could do was log on to major portals to browse and read whatever new information they wanted to see, but they could only watch and not interact.

In 2004, social networking sites such as Facebook and Weibo started the Web 2.0 era. In this period, emphasis was placed on the interactivity of content, and users were no longer just the recipients of content, but also the creators of content. During this period, people were free to produce content and become influential V's, creating data and traffic. The influence of people on the Internet is increasing day by day, and the time when websites used to feed information to users has passed.

Web 3.0 was created by Gavin Wood, the founder of Poca, in 2014, and a few years before blockchain technology first started to take off, some people thought that the Web 3.0 era would be the era of the Internet with blockchain technology at its core. The emergence of meta-universe, NFT, and chain tour has fulfilled people's imagination of Web 3.0 and represented the beginning of the integration of the Internet with the public's daily life.

What forms of Web 3.0 exist in life

Decentralized Autonomous Organization (DAO)

In this period, people are exploring a more transparent and decentralized enterprise organization structure without a centralized one. Relying on blockchain technology, such organizations are gradually taking shape, and they are called Distributed Autonomous Organizations: "Decentralized Autonomous Organization", abbreviation: DAO.

DAO mainly exists and operates in the form of smart contracts, and this open and transparent working mode avoids human interference and management. People only need to be responsible for investigation, voting and other tasks, and the computer-operated way is considered more transparent, fair and trusted.

Decentralized Finance (DeFi)

In the traditional financial system as we know it, commercial banks are the seemingly dominant and only option, and their core operating model is 'centralized custody'. What is "centralized custody"? Simply put, it seems to be the best option to deposit cash in our hands into a bank for centralized custody and still receive a certain level of interest.

With the development of Web3.0, a faster, more convenient and private way of transaction emerged, and decentralized financial system was born. deFi can be understood as: blockchain + finance. These financial products and services built through blockchain have the characteristics of decentralization, transparency, universal participation, anonymity, quickness and timeliness.

GameFi

What is GameFi? GameFi is to bring the financial concept into the game, gamify the rules of DeFi, add the concepts of NFT, revenue, and matchmaking, and make the game become not only an entertainment activity, but also a money-making activity. Compared with the traditional Internet gaming experience, the rise of GameFi has increased the user experience and conquered the users with stronger interactivity and higher fun.

In the Web3.0 era, the core of GameFi is no longer a game, but a game + DeFi + NFT. DeFi becomes the absolute core of GameFi, while the game is more like the shell of GameFi, and the addition of NFT makes GameFi more decentralized and more artistic. Playing and earning is the biggest highlight of the GameFi project and one of the main reasons why players are crazy about GameFi.

Meta-universe

Since 2021, the concept of Web 3.0 has been thoroughly stimulated by the explosion of the meta-universe. Meta-universe is a new form of Internet that uses technologies such as VR and AR to enhance the sensory interaction experience on the front end, and artificial intelligence, big data, blockchain and other technologies to enhance information security and information matching efficiency on the back end.

The combination of metaverse and Web3.0 represents most of people's fantasy of the future of the Internet: Web3.0 is the future of technology development, while metaverse is the future of application scenarios and lifestyles, and the relationship between the two is mutually complementary and one of two sides.

Conclusion
Meta-universe, NFT, GameFi and other topics are getting hotter and hotter, and Web 3.0 is also ushering in a new track layout. In a nutshell, Web 3.0 features a unified authentication system, data authorization and authorization, privacy protection and anti-censorship, and decentralized operation. Web 3.0, viewed from a market perspective, has far-reaching development value. AscendEX will continue to keep an eye on the Web 3.0 field, to see where Web 3.0 technology will eventually go and how it will change people's lives, and to do its part in the development of this field.