'NFTs Are Helping the Web Evolve ' goodcompany nextdecentrum
The idea that a network could connect us all together is nothing new. It, in fact, goes back to at least the early 1900s when scientists saw that technology could be used to quickly send information from one place to the next.
For a while, it seemed like the internet would deliver on its promise of equal opportunity and a level playing field for all – no matter your background, your income or your abilities; but unfortunately, the internet has been co-opted by the Big Tech companies that now practically own it. A large part of Web3 will be powered by NFTs in new and exciting ways. Yet will Web3 be all that is promised? As Facebook is rebranded as Meta and aims to control the metaverse, will Web3 solve the problems of Web2? Or will the Big Tech companies overtake and overpower Web3 as they did with Web2?Ultimately if we are going to make a transition to Web3, it will need to work for everybody, not just Big Tech.
A simple example of this is how Google and Facebook allow users the ability to log in to thousands of different websites and applications with their Google and Facebook profiles. The security of these smart contract-based transactions ensures that your information is kept more private and secure.
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