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

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

Web1: You could only "view content"

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

Web3: Based on the first two, it adds one more thing — "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 big platforms, and they can shut you down at any time;

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

You can understand Web3 in one sentence:

Evolving from "platform ownership" to "user ownership", transitioning 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.