What is Web3? Let me explain it in simple terms.

Many people feel overwhelmed when they hear about Web3, but you can remember it like this:

Web1: You could only "view content"

Web2: You could "view + publish content" (like Weibo, short videos)

Web3: Building on the first two, it adds one more element — "you can truly own your assets and data" McKinsey & Company+2PwC+2

In the Web2 era, your accounts, data, and content are all on the servers of large platforms, and they can shut you down at any time;

In Web3, assets and identities are more likely to exist on the blockchain and in your own wallet, using encryption technology to ensure who owns what and who has permissions. Amazon Web Services, Inc.+1

You can understand Web3 in one sentence:

Evolving from "platform ownership" to "user ownership", moving from the account era to the wallet era.

In the following posts, I will guide you step by step through this new world, covering wallets, exchanges, NFTs, and DeFi.