Web2 Co-operations Loses Out Big On Blockchain Technology Growth | The Beauty Of Web3
As we all know it that the internet has entered the third stage, which i see it as a gradual process as so many web2 applications are trying to move with this change by creating a pseudo applications for them selves. if you look at the likes of brave browser and the google chrome they have striking similarities, the like of the social media co-oprations such as facebook which is now referred to as meta, twitter, instagram to mention a few are generation billions of dollars in revenue as the expense of the users solely because of the amount of data which the hold.
These revenue are generated from the day to day activities which are carried out on these platforms, having right to the users articles, publications etc. with blockchain all that is about to change now has the birth of web3 applications will change this narrative. I came across a publication online which spoke about how this was going to be achieved thanks to blockchain technology, the beauty of web3 is that it will successfully remove dictatorship making the big bosses powerless and less controlling.
Well i totally agree with the limitations of social media platforms on web3 which is the walled gardens has it is referred to has;
Another problem with Web2 social media is that it has been characterized by “walled gardens.” If you have 1 million followers on Instagram and want to start an account on YouTube, you need to start with zero followers. There is no way to move your audience over because they are connected to the individual platforms, not to you. That applies even to platforms owned by the same company such as Facebook and Instagram.
How Web3 can change the above? well Web3 can introduce solutions to reduce the number of intermediaries, create an open ecosystem, enable new forms of monetization, and give individuals more power not only over their content but also over their followers.
Grab an opportunity with Web3(the third stage of the internet as we know it) by signup on the Leofinance platform, a financial base platform which has tight ties with it’s community and it’s built on one of the robust blockchain technology. Underneath their sleeves is the PolyCub which was lunched on defi 2.0 ecosystem and a lengthy list of other Leofinance influenced project, Or you want earn on Web3 by actively engaging on fast growing social media web3 platform hit my referral link
Posted Using LeoFinance Beta