What is Web3?

We’re bridging the infrastructural gap between Web2 and Web3 so that you don’t have to figure it out on your own. This onboarding series will cover the basics of Web3 plus security tips.

Web3 is the new generation of Information and Communication Technology, characterized by autonomy of data, decentralization and collaboration over competition. The era of Web3 puts power back into the user’s hands, disrupting the cultural and creative industries. It does so with:

• Smart contracts that establish irrefutable proof of ownership (such as NFT assets)

• Royalties that provide fair, ongoing remuneration to creators

• Reliable, secure Blockchain technologies

This enables Creators to build a fruitful career, free of the challenges surrounding data, legitimacy and ownership experienced in Web2. Here’s a few things you should know about Web3 before diving in.

Security, security, security.

It’s important to protect yourself when getting started with Web3. Hackers operate all over the internet and Web3 is no exception. If anything, hacks occur far more frequently in Web3 because security frameworks aren’t so advanced. Plus, when you consider the value of some cryptocurrencies and NFTs, there's a lot at stake. This makes Web3 users attractive targets of theft. This isn’t meant to scare you - so long as you’re smart and follow our advice, you can have the confidence to explore Web3 safely.