web3/concepts/web3.md

Web3

An umbrella term for a variety of endeavours to integrate crypto assets, NFTs, DAOs, DeFi and smart contracts into existing web infrastructure.

It is important to be aware that Web3 both lacks a precise definition and has become an intellectual nexus for grand visions of technical and financial reconfiguration.

References

• Morozov, Evgeny. 2022. ‘Web3: A Map in Search of Territory’. The Crypto Syllabus. 13 January 2022. https://the-crypto-syllabus.com/web3-a-map-in-search-of-territory/.
• Levine, Matt. 2022. ‘Web3 Takes Trust Too’. 10 January 2022. https://www.bloomberg.com/opinion/articles/2022-01-10/web3-takes-trust-too.
• O’Reilly, Tim. 2021. ‘Why It’s Too Early to Get Excited About Web3’. O’Reilly Media. 13 December 2021. https://www.oreilly.com/radar/why-its-too-early-to-get-excited-about-web3/.