Why Web3 Matters

6 ยท a16z ยท Oct. 8, 2021, 12:05 a.m.
Web1 (roughly 1990-2005) was about open protocols that were decentralized and community-governed. Most of the value accrued to the edges of the network โ€” users and builders. Web2 (roughly 2005-2020) was about siloed, centralized services run by corporations. Most of the value accrued to a handful of companies like Google, Apple, Amazon, and Facebook. We... Read More The post Why Web3 Matters appeared first on Future....