What is Web3? A few definitions are floating out there, and they all have one common denominator: a new chapter of the world wide web is based on blockchain technology. It has become common knowledge that there's so much more to blockchain technology than Bitcoin. The blockchain umbrella also includes decentralization and token-based economics including NFTs.
One of the more fascinating aspects of Web3 is that it is playing a huge role in changing the status quo of how people worldwide conduct their daily lives. This can be credited to many things, such as changing times, trends, and user preferences. There is also the fact that Web3 is far more inclusive than its predecessors, and the innovators behind it are making their mark on a more human-centered Internet on a grand scale.
Inclusivity is sparking interest and innovations in Web3
According to a recent study by The Harris Poll, "While just 16% of U.S. adults overall own cryptocurrency, 18% of Black Americans have gotten in on it. For Latino Americans, the figure is 20%." Additionally, about 44% of those who own crypto are people of color. In 2021, North America's first Black-owned DigitalWallet and financial-capacity building technology, The Black Wall Street, was launched by actor Hill Harper to help cater to the needs of Black America. Since the onset of the pandemic, Black and Hispanic blockchain leaders, educators, marketers, and market makers have worked to outpace other groups with the adoption of blockchain technology.
Continue reading: https://www.entrepreneur.com/article/425679
One of the more fascinating aspects of Web3 is that it is playing a huge role in changing the status quo of how people worldwide conduct their daily lives. This can be credited to many things, such as changing times, trends, and user preferences. There is also the fact that Web3 is far more inclusive than its predecessors, and the innovators behind it are making their mark on a more human-centered Internet on a grand scale.
Inclusivity is sparking interest and innovations in Web3
According to a recent study by The Harris Poll, "While just 16% of U.S. adults overall own cryptocurrency, 18% of Black Americans have gotten in on it. For Latino Americans, the figure is 20%." Additionally, about 44% of those who own crypto are people of color. In 2021, North America's first Black-owned DigitalWallet and financial-capacity building technology, The Black Wall Street, was launched by actor Hill Harper to help cater to the needs of Black America. Since the onset of the pandemic, Black and Hispanic blockchain leaders, educators, marketers, and market makers have worked to outpace other groups with the adoption of blockchain technology.
Continue reading: https://www.entrepreneur.com/article/425679
