DAOs are the death of the centralized Internet Web3 is the decentralized alternative to the old Internet. It’s better than Web2 because of: ▪️Decentralization of architecture away from a few big tech companies into a vast network of computers and DAOs. ▪️User ownership of their data and control over how it’s used and/or monetized. ▪️Interoperability of Web3 applications and services instead of the siloed Web2 approach. ▪️(mis)Trust in centralized banks and tech giants is replaced with smart contracts. ▪️Privacy via a culture of pseudonyms and a number of privacy controls make Web3 preferable to Web2, where companies collect and sell user data. 📌DAOs (Decentralized Autonomous Organizations) are essential to Web3 for a number of reasons 👉 read

DAOs are the death of the centralized Internet 1/5 Web3 is the decentralized alternative to the old Internet. It’s better than Web2 because of: Decentralization of architecture away from a few big tech companies into a vast network of computers and DAOs.

t.co