A new study from dappGambl has revealed the publics top 10 most-searched-for Web3 questions and provided expert commentary to answer them all.
Web 3 promises to be the future of the internet and is said to create a completely different platform to what we know today. As the online world moves forward many people have questions about the new technology. Experts at dappGambl researched the most asked questions, and answered the top 10.
The Public’s Most Searched For Web 3 Questions
Vlad Hategan, expert at dappGambl answers the top 10 questions
These are all summaries of the experts answers, for complete answers please visit the full study which can be found here.
1. What is Web 3?
“Web 3, or the decentralized web, is the next phase of the internet’s evolution. It is a more intelligent and autonomous web, focusing on decentralization, security, and privacy.”
2. Examples of Web 3
“Probably the most well known Web 3 project is Ethereum, the first platform created in the Web 3 space.”“Some of the other most prominent applications include decentralized finance (DeFi), NFTs, decentralized identity, decentralized data management, decentralized metaverse such as Decentraland, decentralized social media and decentralized gaming.”
3. Difference between Web2 and Web3
“Web 2 and Web 3 differ in how data and information are stored, managed, and controlled. Web2 is centralized, and dominated by a few large tech companies with significant control over data and information.”
“In contrast, Web3 is decentralized, with users having more control and ownership over their data through blockchain technology. This provides greater security, privacy, and user control over personal information.”
4. Is Web 3 dead?
“While Web 3 technology has faced some challenges and setbacks, such as scalability issues, many projects are working to address any early challenges and push the development of Web 3 forward.”
“The answer in short is no, Web 3 isn’t dead, and with many seeing it as a way to increase transparency, security, and efficiency it will likely continue to grow and evolve in the coming years.”
5. Does Web 3 have a future?
“Web 3 has a big future ahead of it as it looks to address any of the shortcomings of Web 2, including privacy, security, and centralization concerns. It also presents new opportunities for innovation and collaboration. Creating a platform built on open protocols leads to a more open and user-centric internet where anyone can participate.”
“Web 3 is the natural evolution of the internet and with some of the top tech companies supporting the development of Web 3 including social media platforms Meta, Instagram, and Twitter, as well as Shopify, Netflix and Apple to name a few, it’s set to be the future of the internet.“
6. What is Web 3 gaming?
“Web 3 gaming refers to the integration of decentralized ledger technology, such as blockchain, into the gaming industry. In Web 3 gaming, players have greater ownership and control over their in-game assets.”
7. When will Web 3 become mainstream?
“Predicting when Web 3 will become mainstream is difficult as it mostly depends on factors such as technological advancements, user adoption, and regulation changes. It is expected that there will be significant growth over the next few years.”
“Decentralized applications (dApps) and platforms, built on open protocols like blockchain, are key drivers of Web 3 adoption.” Over the past month traffic to dappGambl’s dApp pages have increased by over 10%.
8. What is a Web 3 wallet?
“A Web 3 wallet is a type of digital wallet that allows users to securely store and manage their cryptocurrencies and other digital assets on the decentralized web (Web 3). Unlike traditional digital wallets, which are typically managed by a centralized service provider, Web 3 wallets give users complete control over their assets, allowing them to store, send, and receive digital assets without the need for intermediaries.”
9. Is Web 3 the future of the Internet?
“We are certain Web 3 will be the future of the internet, although it is currently unknown how exactly it will be implemented and if it will be to the same degree as Web 2.”
“Web 3 is still only in its early stages, and there are many obstacles to overcome before it can become mainstream.”
10. What are the career opportunities in Web 3
“The rise of Web 3 has opened up new career opportunities in a number of diff