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Web 3.0 And Metaverse

Web 3.0 And Metaverse

Facebook recently rebranded itself Meta, and said its priority would be to build the "metaverse," a digital future where everyone is living and interacting and working together in virtual reality.

Among the company's stated principles is "robust interoperability," meaning that users could take their accounts or avatars from site to site or service to service seamlessly, rather than have to log in to accounts controlled by separate companies every time they visit new sites.

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Web3 has remained a theoretical grand vision for years.

Blockchain-based social networks, transactions and businesses can and will grow and thrive in the coming years. Yet knocking out Facebook, Twitter or Google completely is not likely on the horizon, according to technology scholars.

Web 3.0 is an iteration of the internet where new social networks, search engines and marketplaces crop up that have no company overlords.

If we stay in the current paradigm, we will move further and further into a realm where a small handful of companies run by a small number of people run our experiences in cyberspace, and in that world, the problems of Big Tech are exacerbated.

Right now, the idea of the entire Internet reinventing may sound like some far-away digital utopia. But Web3 is driving new conversations — and generating

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