Web 3.0 is touted as the next step on from Web 2.0, which is its current iteration. The new version is less centralized, less constrained, and more secure and gives users more to do.
The architecture that will underpin this great leap forward is still being finalized. One of the goals of this new version of the Internet is to give more ownership to the users. The people who created the content with Web 2.0 will create the platform too in Web 3.0., and they will also benefit personally from its value.
Web 3.0 will be underpinned by blockchain, NFTs, decentralized autonomous organizations (DAOs), and the metaverse. The new Internet will feature P2P transactions, transparency, and more equal access to data.