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The Top Five Web3 Trends In 2023

Bernard Marr

The idea behind Web3 is that technologies like blockchain , cryptocurrencies, non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs) give us the tools we need to create online spaces that we truly own, and even to implement digital democracies. Decentralized social networks. Greenifying Web3.

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The Best Examples Of DAOs Everyone Should Know About

Bernard Marr

This is primarily achieved by leveraging two facets of blockchain technology – encryption and distributed storage. This DAO made news headlines by becoming the first to be recognized as a legal entity in the US, thanks to a law passed in the web3-friendly state of Wyoming. American CryptoFed DAO. million as of writing.