Real Vision: Finance & Investing Real Vision x Sui: What Is Web3 and Why Does It Matter? (Episode 1)
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Jun 16, 2025 Explore the fascinating evolution of the internet, moving from Web1's static pages to Web2's interactive platforms. Discover how Web3 seeks to empower users by reclaiming control over their data through blockchain technology. Delve into the transformative potential of decentralized internet models, highlighting new ownership paths and innovative business strategies. This discussion reveals why understanding these changes is crucial for navigating the future of online interactions.
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Web3 Restores User Control
- Web3 returns data ownership and control to users, reversing Web2's centralized control by tech giants.
- This shift enables transparent, direct peer-to-peer interactions without intermediaries.
Web2’s Control Risks User Content
- Tech giants in Web2 gatekeep user data, risking loss of content and connections if users are banned.
- Users lose ownership of data and social capital under Web2 platforms.
Blockchain Powers Web3 Benefits
- Web3 built on blockchain allows decentralized payments, eliminating costly third parties.
- It also secures asset ownership transparently and cuts out intermediaries like lawyers and brokers.