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Daily Digest | Untangling Web3

Written by The Uptake Published on     1 min read

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Is our relationship with the internet about to change?

Hi there. It’s Brady.

Web3 entered mainstream lexicon in 2021, in part tied to the climbing popularity of crypto and its adjacent developments.

It’s a controversial concept, one that says the way tech companies operate must be upended, redistributing power over data, content, and many other facets of our virtual lives. Some say those descriptions may be overly idealistic.

But consider this: there are two or three areas that extremely smart, extremely forward-thinking developers are gravitating towards, and one of them is the space where blockchain forms the backbone of a variety of services, some financial, some confounding, all experimental.

That itself is an exciting development for anyone who likes to think about the changes that may define new paths in our lives.

So it’s worth taking the time to become familiar with the basics of Web3. Sarah has you covered. You can read her article here.

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China’s market regulator fines Tencent, Alibaba, others for M&A deals.

VinFast supercharges global EV ambitions, with plans for factories in the US, Germany.

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