Why do we need to start building and placing web 3.0 thinking in startups and replacing “old” business models?

Web 3.0 services

We need to start building based on Web 3.0 thinking because it is a more user-centric and decentralized approach to the internet; it allows for more innovation and creativity since users would have more control over their data versus the current Web 2.0 model.

Web 2.0 is not sustainable because it is based on a centralized, advertising-based business model that is not efficient or effective. Additionally, the Web 2.0 model does not allow for true user control or privacy; Web 3.0 thinking helps to address these issues by creating a more decentralized, user-controlled, and privacy-focused Web.

Web 3.0 will help build a web where applications are more intelligent and can learn and adapt over time with the use of AI; this will result in a more personalized and user-friendly UX web experience for everyone by increasing customer engagement and loyalty, providing a more personalized experience; Startups and businesses can create a stronger connection with their customers, which can lead to increased sales and customer retention.

Web 3.0 applications are often built using new technologies such as blockchain, decentralized storage, and distributed ledger technology; this means that the ecosystem of WEB 3.0 is a decentralized network of computers that allows for the exchange of data and value.

The key components of WEB 3.0 are:

1. A decentralized network of computers.
2. A protocol for exchanging data and value.
3. A set of decentralized applications (dapps).

1.1. The decentralized network of computers is what allows WEB 3.0 to function without the need for a central server or authority.

2.2. The protocol for exchanging data and value is what allows WEB 3.0 to be used for a variety of applications, such as file sharing, payments, and contracts.

3.3. The set of decentralized applications is what allows WEB 3.0 to be used for a variety of purposes, such as social networking, media sharing, and marketplaces.

A few examples of Web 3.0 applications include:

1. Data as a service (DaaS).
2. Decentralized social media.
3. Decentralized exchanges (DEXes).
4. Decentralized applications (dApps).
5. Decentralized file storage.
6. Decentralized identity.
7. Decentralized voting.
8. Decentralized data marketplaces.
9. Decentralized lending.
10. Decentralized insurance

Where can we see the above happening?

1. DaaS is being used by many companies, such as Google and Amazon, that are offering data services to customers.
2. Decentralized social media platforms, such as Steemit, are becoming increasingly popular.
3. Many cryptocurrency exchanges are now decentralized, such as Binance DEX.
4. There are many dApps built on Ethereum, such as CryptoKitties and Augur.
5. IPFS is a popular decentralized file storage protocol.
6. uPort and Civic are examples of decentralized identity platforms.
7. Platforms like Aragon are being used for decentralized voting.
8. Datacoin and Ocean Protocol are two decentralized data marketplaces.
9. Dharma and MakerDAO are two decentralized lending platforms.
10. Nexus Mutual is an example of a decentralized insurance platform.

So we can say that:

1. DAOs are part of the WEB 3.0 ecosystem.
2. Co-creating is definitely part of the WEB 3.0 ecosystem.
3. Playing, learning, walking, or DO-whatever to earn is part of the WEB 3.0 ecosystem.
4. Last but not least Tokenomics is a key part of the WEB 3.0 ecosystem. Tokenomics plays a key role in the WEB 3.0 ecosystem by providing a way for users to earn rewards for participating in the network.

There are a few more players in the WEB 3.0 ecosystem; Like; Mashups, mashups could be part of the WEB 3.0 ecosystem as they allow for the combination of data and content from multiple sources into a single application or service. Also, some people consider the metaverse to be part of the WEB 3.0 ecosystem. Finally, some people believe that crypto assets could be part of the WEB 3.0 ecosystem as they have the potential to enable new ways of interacting with the internet that is not possible with traditional fiat currencies.

The bottom line is; It is up to us to keep bringing new innovative players to the Web 3.0 ecosystem.

The best way for startups and businesses to push Web 3.0 will vary depending on the specific products or services they offer. However, some tips that may be helpful include:

1. Educate yourself and your team on the potential of Web 3.0.
2. Develop a clear understanding of how your product or service can be used in a Web 3.0 context.
3. Create a roadmap for how you will integrate Web 3.0 into your product or service.
4. Work with other startups and established companies that are also pushing Web 3.0.
5. Stay up to date on the latest Web 3.0 developments and trends.

In the next article, I will talk about; How to integrate Artificial Intelligence into Web 3.0… Wait for it…