From decentralization to dApps, Web3 is a buzzword. But what’s real?

📌 Discuss:

• How Web3 works

• Good and bad Web3 use cases

• Your experiences with dApps, DAOs, and decentralized identity

Future or hype? Let’s explore!

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Web3 = decentralized internet powered by blockchain.
Users own data, use dApps (not centralized apps), and interact via crypto wallets.
Good use cases: DeFi, NFTs (some), DAOs, digital identity
Flaws: Scalability, UX, scams, energy concerns

Still early — potential is real, but hype’s ahead of adoption.

1. Uses blockchains (like Ethereum)

2. Runs dApps (decentralized apps)

3. Uses tokens/crypto for transactions

4. Enables DAOs (decentralized autonomous organizations)