The world-wide web has evolved since its inception last century. Web 1.0 offered read-only information in a cluttered, disorganized digital landscape. Web 2.0 responded to the problems of 1.0 by creating a digital hierarchy with data regulated and owned by big business. This solved the organization problems of 1.0, but led to issues of privacy and ownership. The next stage of web development, Web 3.0, hopes to fix these problems.
Web3 developers envision a decentralized online future owned by everyone. Thousands of developers are actively contributing to open source projects like public blockchains, tokenized communities, and decentralized finance (DeFi). Outside the coding community, more people than ever are engaging with Web3 technologies like cryptocurrency.
Beyond decentralizing finance, Web3 is also working to continue transforming the nature of work. New digital roles like stack developers and data scientists are in high demand. Web3 is also seeking to make independent work more accessible and attractive to people. The flexibility of work is sparking new ideas and empowering people to become self-sovereign. Alongside other developments, the changes in the web are helping people quit their jobs and pursue greater opportunities, even crossing national barriers to bring people together.