What Is Web3 Exactly? It's More Than Just Crypto Companies: Why Web3 Startups Are Taking Off Is it snake oil, a Ponzi scheme, or a true revolution? Along with the Metaverse and the strange domain of NFT art, Web3 (also known as Web 3.0) is another popular topic in the "let's debate the future of technology" list. What precisely is Web3? How does it work? What Is Web3 and How Does It Work? Web3 (or Web 3.0) is the next version of the Web. Because Web3 is just a concept, there are many, often conflicting, ideas about how it should look. Various companies emerged as leading companies in the field of web3.0. If you want to look for the best companies then here is the list of top notch Web3 Development Companies . Some argue that we've already dipped a toe (or, more accurately, a pinky) in the water and that the technology is now available. But first, let's take a look at what we know thus far. In 2014, Gavin Wood, a programmer and Ethereum co-creator, coined t...