1.1 Web3.0: What you Create Is What You Get.

As early as 2014, Gavinwood, the co-founder of Ethereum and the founder of Polkadot, proposed the concept of Web3. It was not until the recent two years that the concept and theory of Web3 started to become popular with the help of the emergence of the cryptocurrency and the metaverse.

At the Web1.0 stage, users are only the content consumers, and the content is provided by websites. A typical example is a news portal website, and there is little interaction between users.

The main advantage of Web 2.0 is the interaction between the users and the network. Without a doubt, The birth of Web 2.0 is closely related to the transformation of Internet technology. Thanks to the improvement in network speed, optical fiber infrastructure and search engines, users’ needs for social networking, music, video sharing and payment transactions have increased a lot. Facebook, Twitter, WeChat, Weibo are great examples of the Web2.0 era.

So what problems does Web 2.0 have? In Web 2.0, giant companies hold every piece of user data from social platforms and trap users in the“information cocoon” through algorithm; the advertising-based business model also makes the Web 2.0 platform full of various viral, Eye-catching, and curious information that inhibits the creation of insightful contents. In addition, the profits made by the giants through the use of users’ data and creators' means of production are not fairly distributed to creators and users. In Web 3.0 fileld, the content is still created by users, but users can obtain the value and even own part of the network. The user's content-creating behavior will eventually be rewarded, and the carrier of value is the user's data, which also belongs to the user. In the social platform of the Web 3.0 era, people will have absolute control over their social data, which is a decentralized way of socializing.

Web1.0, what you see is what you get; Web2.0, what you are recommended is what you get; Web3.0, what you create is what you get.

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