We share the Frequently Asked Questions (FAQs) about the Masterclass content:
- What defines Web 3.0 according to Extrimian?
From Extrimian’s perspective, Web 3.0 is characterized by disintermediation, which implies a reduction of intermediaries in online interactions and transactions, allowing for more direct, secure, and decentralized operations.
- How do the stages of Internet evolution differ?
Web 1.0: Focused on providing globally accessible information through website.
Web 2.0: Evolved towards interaction, enabling users not only to consume but also to create content on platforms such as social networks.
Web 3.0: Distinguished by promoting disintermediation, facilitating direct and decentralized operations and giving more control to users.
- What are the key enabling technologies in each Internet era?
Web 1.0: Technologies such as HTML and HTTP.
Web 2.0: Advances such as JavaScript, JSON, social networks, and cloud computing.
Web 3.0: Advanced cryptography (including blockchain), decentralized identity, and artificial intelligence.
- What have been the predominant business models in each stage of the Internet?
Web 1.0: Online advertising and e-commerce.
Web 2.0: Monetization of personal and behavioral data.
Web 3.0: Models based on decentralization and subscription services.
- How does Web 3.0 integrate the physical and digital worlds?
Web 3.0 seeks greater portability of identity and reputation between the physical and digital worlds, allowing for consistency in the user’s identity regardless of where or how they interact.
- Will Web 3.0 replace the previous stages of the Internet?
No, Web 3.0 does not seek to replace Web 1.0 or Web 2.0 but to complement and expand them. It adds new dimensions to online interaction, leveraging decentralization and a more seamless integration of the physical and digital worlds.