The arrival of Web 3.0 can be a transformative event for your future wealth. Investors and builders who embrace the possibilities that this next-generation Internet can offer will find themselves in an advantageous position once the world begins to adopt all of the advantages which Web 3.0 has to offer.
What is Web 3.0 and an example of a Web 3.0 application?
Web 3 features include a semantic web, artificial intelligence, 3D graphics, and ubiquity. Artificial Intelligence and 3D graphics aside, blockchain and its underlying technologies are the driving force behind the next generation of the World Wide Web. In the world of Web 3.0, users will be able to interact with each other without interference from centralized third parties.
Whereas Web 1.0 and 2.0 were defined by the http protocol, the key factor at heart of Web 3.0 is: blockchain technology. This is the same technology that’s the basis for digital assets like cryptocurrencies, decentralised finance, and NFTs.
The most well-known application adopting Web 3.0 technology is Apple’s Siri.
How do I invest in Web 3.0?
The best way to invest in Web 3.0 would be to purchase stocks or cryptocurrencies tied to the development or implementation of blockchain technologies. When you decide to invest in blockchain or the technologies built on them, you could consider purchasing either cryptocurrency directly or an ETF. Some top Web3 coins include Helium (HNT), Arweave (AR), and Ocean protocol (OCEAN), some of which have multi-billion dollar valuations. ETFs, such as Grayscale, give interested investors exposure to the blockchain with significantly less risk. Another option is to bet on AR and VR in Web 3.0 like Meta platforms, Snap, and Vizux
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