There’s a huge misconception between Web3 and Crypto.
Web3 ≠ Crypto
Crypto is short for Cryptocurrency, which is self-explanatory -a digital currency.
Examples: Bitcoin, Ethereum, Solana, etc.
Web3 is also self-explanatory:
Web = Internet
3 = Third generation
In 5-year-old terms, Web3 is the 3rd form of the internet.
In Web3, you own your data, own your money, own your identity, and own your wallet.
You can earn, trade, build, and belong without relying on govt or middlemen.
Facebook can suspend your account.
Your bank can block your funds if they choose.
In Web3, these things can’t happen.
Which means you can make money without limits.
Web3 is basically freedom.