Source: Skip Level, “An Intro on Web3 for Product Managers,” 2022
Decentralization
The development of Web 3 is a fundamental shift in technology and ideology towards decentralization, shifting power to the individual. The initial format of the internet was designed for reading of information with little interaction. The next phase, or Web 2 allowed users to both consume and create content for free within spaces designed and owned by tech companies.
Web 3 shifts towards a decentralized model where users cannot only consume and create, but also own and influence the decentralized network, owning their own data. This shifts the ownership and power to the individual.
Increase of Blockchain Research
Number of Blockchain papers published yearly
Source: King Saud University, “Emerging Trends in Blockchain Technology,” 2022
Rise of Web3 Research
Source: King Saud University, “Emerging Trends in Blockchain Technology,” 2022
