Q. What is Web3.0?
- It is the next version of the internet, where services will run on blockchain.
- It is a natural progression where cryptocurrency and other services operated on whats's called the blockchain or distributed network.
- It is looking to change the way internet funcation only in a much bigger way.
- It promises to be more reliable, decentralized with control in the user hand.
- Examples: crypto, NFT
Q. Challenges with Web3.0?
- Vastness
- Vagueness
- Uncertainty
- Inconsistency
Q. Web3.0 relevarce in India?
- India tiktok rival chingari recently _raised almost $38 million from 30 investors and the public sale of its crypto token GARI_.
- This will be integrated with the app, allowing creators to earn in its crypto token GARI.
- It is also working its own NFT marketplace.
- Some more company start this technology.
