Web3 is the next step for the internet, giving people more control over their online stuff.
Imagine the internet where you truly own your digital things, like online money or game items, and where big companies don't control everything. That's the idea behind Web3. It aims to make the internet more open, fair, and user-controlled.
Think of the current internet (Web2) like a big company with a central office controlling everything. Web3 is more like a network of many computers working together, with no single point of control. This means no single company can easily shut things down or censor information. It's like having many small shops instead of one giant supermarket.
In Web2, when you buy something online or create content, you often don't truly own it; the platform does. Web3 uses special digital tokens (like unique digital certificates) to prove you own something online, whether it's digital art, a game item, or even a piece of an online community. It's like having a deed for your digital house.
Web3 uses technology like blockchain to make transactions and interactions more transparent and secure without needing a trusted third party, like a bank or a big social media company. Imagine sending money directly to a friend without needing a bank in between, knowing the transaction is recorded and verified by the network.