There are many ways to define Web3, but fundamentally it is a decentralized internet, owned by builders and users, based on blockchain. The global Web3 market was worth approximately $3.2 billion in 2021, and this is projected to continue growing in the next decade as adoption of new technologies built on blockchain increase. Some consider this to be the internet of the future; in 2023 it is poised to continue being an important topic in public discourse.
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