Good Morning… Think about the internet like a sports field where everyone can play games, share pictures, and talk to each other.
Overtime, this sports field has undergone multiple redesigns:
• Web 1.0: The first sports field. You could only take a look at things; like reading signs or glancing at pictures on the wall. That was all you could do.
• Web 2.0: The next sports field. At this time, you can play, interact, upload videos, chat, and design personal pages. But... the sports field is owned by a few big companies (like YouTube, Instagram, or traditional banking apps), and they set the rules.
• Web 3.0: The new sports field. This time, everyone is responsible for it together!
No one big company controls everything.
You are welcome to keep your possessions (like your coins, art, or game items) using blockchain, which is like a secure register or public notebook that everyone can see but no one can cheat.
You can even earn rewards for helping take care of the sports field.
To put it simply:
Web1 = You read things.
Web2 = You read and create things.
Web3 = You read, create and own things.