Trending Web 3 Primitives
Are you or a friend crypto-curious but not sure where to start? Read and share this thread on trending Web 3 primitives
Here are the top trending Web 3 primitives
Are you or a friend crypto-curious but not sure where to start? Read and share this thread on trending Web 3 primitives 👇
What is Web 3?
Web 3 is the third generation in the world of web technology. Unlike the preceding web versions, Web 3 focuses on transparency and better utility for the user. It builds on key concepts like decentralization. The organizational structure lets subordinates make decisions.Â
The Primitives of Web 3
Based on the fundamental structural changes in Web 3, key primitives include:
Semantic Web
Artificial Intelligence
3D Graphics
Connectivity & Ubiquity
Blockchain & Decentralization
With the brief recap, let’s dive into the trending topics.
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Artificial Intelligence (AI)
This is arguably one of the most significant tech innovations. Generative AI studies repetitive patterns and produces a reliable output from code, images, texts, or video inputs. With AI, social media algorithms give more accurate content recommendations.Â
Cloud Technology
Cloud hit the market with game-changing technology in 2021 and has been rising. It enables businesses to work remotely from many world parts. Recently, a significant number have been adopting cloud-native platforms as we move forward to the future.Â
Low-Code Application building software
Businesses have now prioritized building a digital presence. However, developing applications has been expensive in the past. With Web 3, low-code or no-code platforms are sprouting, undoubtedly democratizing app development.Â
Secure data fabric
To create flexible and accessible platforms, the data fabric architecture ties together different platforms and users. It minimizes the cost of storing data and gives a higher level of encryption. Supply chains add new data info improving decision-making.
5G Technology
5G Tech is the backbone driving all the above iterations. Networks now have a wider reach than 4G, offer faster internet speeds, and enable heavy code to run seamlessly. As this tech dominates, businesses are shifting to digital presentations powered by 5G.
Benefits of Web 3
Here are some of the benefits of Web 3:
Increased security and privacy
Increased interactivity and flexibility
Greater global reach
Control over data ownership
Ubiquitous access to data
Creator advantages
The Rise of GameFi
GameFi combines the gaming and decentralized finance (DeFi) industries. With the increasing interest in the metaverse, a significant narrative is being developed for the Gamefi industry. It is an opportunity for gamers to make extra earnings.Â
Decentralized Technology
With Web 3, blockchain networks exercise peer-to-peer (P2P) tech principles. Web 3 is decentralized. Instead of centralized entities, large internet communities have ownership distributed amongst users and builders.
How Brands can leverage Web 3
Brands can leverage NFTs to build Direct-to-Consumer Relationships – Recently, major brands have seen the value in NFTs
Brands can engage with consumers in the Metaverse – Consumers are interested in purchasing virtual products/services
Putting it All Together
Web 3 is still in its infancy but is already changing the way we use the internet. Its numerous features aren’t known to many, and interested in learning more about Web 3?
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