Web 3.0 and blockchain is growing in popularity. Is this the diagram that FINALLY helps the blockchain community understand and engage with Web3 and Blockchain? I sincerely hope so after last time…Some weeks ago I posted a diagram that showed overlapping circles with Web3, Blockchain and Crypto.
To my great surprise, there was real anger in the comments:
“How dare you create confusion like this?”
“You know nothing about Blockchain!”
“You are deliberately misleading people!”
All I ever want here is to help non-experts to appreciate and make use of technology in a hype-free way so that they can go forth and create meaningful innovations…and yes, I am passionate about Web3, because I see real innovation, open source, and ways to build infrastructure and applications that can benefit people and communities. And I’m having the most fun in my life working in this space, making use of the skills and experience I have. I will contest that you can have Web3 without Blockchain, and you can have Blockchain without Cryptocurrencies, but this is not a hill that I’m going to die on. It’s all about finding relatable examples or contexts the audience can relate to. So, with the help of Devon Ferreira (Web3 marketeer extraordinaire) I present to you a slightly different way of looking at the 3 concepts:
Web 3.0 and blockchain is growing in popularity. And for bonus points, I believe you can probably add Metaverse as a 4th concentric circle outside of Web3 if that will help to make your worldview complete. So, then… Is this the one diagram that makes it all make sense? Or is there a better way of helping people to understand that we are not working in the ‘crypto industry’, or the ‘blockchain industry’, we are working in Web3 (or building the decentralized internet of value… which is a bit of a mouthful) and making use of a bunch of tech and capabilities to do so…
Working across multiple aspects of Blockchain and Web3 technologies since 2016; He has helped large organizations and start-ups to harness the benefits of using decentralized technologies to create commercially viable businesses and digital transformations. He has experience in leading and scaling large ecosystem and delivery teams to bring Blockchain-enabled platforms into production.