Token Ideas - Deepstash

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28 ideas

We Lost The Internet
  • First developed for the military, the internet wasn’t always the closed, capitalistic ecosystem that it is now.
  • Before the tech giants staked their claim on billions of users, it was a decentralized place with no custodian.
  • Now, only a handful of companies control most of the internet, using addictive content and smart algorithms.
  • They use the vast amount of user data generated every minute for building tools to predict consumer behaviour and feed their AI engines.

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What is Web 3.0?

Web3 enhances the internet as we know it today with a few other added characteristics. Web3 is:

  • Verifiable
  • Trustless
  • Self-governing
  • Permissionless
  • Stateful
  • Native built-in payments

In Web3, developers don't build and deploy applications that run on a single server or that store their data in a single database (usually hosted on and managed by a single cloud provider).

Instead, Web3 applications either run on blockchains, decentralized networks of many peer to peer nodes (servers), or a combination of the two that forms a cryptoeconomic protocol .

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