Web3
Definition
The next evolution of the internet built on decentralized blockchain technology, emphasizing user ownership and control.
Example
Web3 applications include decentralized finance and NFT marketplaces.
Related Terms
Frequently Asked Question
What is Web3?
Web3 is the next evolution of the internet built on decentralized blockchain technology, where users own their data and assets instead of relying on centralized platforms. It encompasses DeFi, NFTs, DAOs, and decentralized applications.
APA Citation
Last updated:
· Source: VixShield Trading Glossary — From SPX Mastery by Russell Clark
⚠️ Not financial advice. This definition is educational content from the SPX Mastery book series by Russell Clark (VixShield). Past performance is not indicative of future results. Trading options involves substantial risk of loss and is not appropriate for all investors. Always paper trade before risking real capital.