What is Web 3.0?
Web 3.0 or Web3, in simple words, can be marked as the next generation of the World Wide Web (www) ahead of Web 2.0. Web3 is still in its developmental phase but is said to decentralize the whole internet, meaning the user will have more access to their data, like Google and Facebook accounts, and many more. So now let’s have a look over trendy Web3 applications:
1. Brave
It is the most popular and commonly used application, which is a free browser that claims to be three times faster than Chrome and more secure. Apart from this, its features extend to blocking cookies, blocking third-party trackers, ads, phishing, etc. Launched in Jan 2016, it is said to be accessible in all operating systems (iOS, Windows, macOS, Linux, Android).
2. Ethereum
A blockchain platform that lets you create and execute decentralized apps that can be used for many purposes, such as cryptocurrency transactions, decentralized finance systems, NFTs, and many other decentralized apps. Ether is a native cryptocurrency in the Ethereum network. It is considered to be one of the most suitable investments in recent scenarios.
3. Decentraland
It’s a virtual world that has a game-like interface where you can explore endless landscapes. It will enable users to buy virtual land, create and sell clothes there, and much more. In short, it allows user to create their virtual world with its ownership. The builder and creator tools feature offered here allows users to customize their experience in this virtual land. Users can also make friends there, explore new events, and interact in the community.
4. Dtube
Just like we use YouTube, which is a video-sharing platform, it’s also a decentralized video-sharing, hosting, and monetization platform that operates on Steem blockchain; Steem here is a blockchain-based platform that gives rewards to content creators and curators using cryptocurrency (STEEM currency). Dtube has no ads, is community-driven, and is more creator-friendly, but a con is that the uploader stops earnings from the video after a week. But the fact that it’s decentralized, ensuring high quality and inappropriate content can be challenging.
5. Status
Status is a powerful application that works as a messaging app, web3 browser, or a crypto wallet. It is generally referred to as WhatsApp of the web3 world, but its multi-purpose feature makes it more powerful, and added to that, its decentralized environment makes it more secure. Unlike other messaging apps, Status doesn’t have any central servers, so users have control over their online identity, and it ensures more security. It is a free platform and is available on both Android and iOS.
6. Audius
A web3 streaming platform where you can upload, share, and listen while earning $audio token rewards. Here, every musician can do streaming, not just those signed to labels. It offers high-quality sound from any other free platform (self-claimed), unlimited uploads and downloads, and all this for free. This app can revolutionize the music industry because it aims to provide artists with more control, autonomy, and transparency over their music. While you can join its community, you can also participate in competitions here and win rewards. The only challenge is that Audius has to compete with well-established platforms such as Spotify and Apple Music, which have a more extensive user base and artists partnered with them.
7. Sweatcoin
As the name suggests, this app pays you to walk. Yes, you heard right, become healthy and wealthy simultaneously. The app gives you rewards in the form of virtual currency that can be redeemed within the app to buy products or services that are provided by partners of the app. According to stats, more than 120 million users have registered there. The currency you earn can also be used for donations to various social causes.
8. Bondex
A talent-based platform where individuals can find their dream job. Bondex connects users to employers through direct engagement; here, web3 technology is utilized, which makes it more efficient for both users and hiring companies. Some organizations recruiting through this include CoinDesk, figment, fantom, blockchain, and many more.
9. Presearch
A blockchain-powered search engine that gives users several perks, such as better search results, privacy, rewards, etc. Compared to Google, it still lags as we know it’s the default search engine for many people, but still, Presearch has many perks. While Google offers a wide range of services such as Gmail, docs, photos, and many more, Presearch focuses on search. In conclusion, it can be said that currently, there are many other players in this market, such as Bing and Google, but as technology advances, Presearch might become a significant player in the future.
10. MetaMask
It’s a crypto wallet and gateway to blockchain apps that allows users to store, send, or receive Ethereum or other Ethereum-based tokens. The app is available as a browser extension and as a mobile app. MetaMask prioritizes security and also encourages users to keep strong passwords. We know that with great power (controlling your crypto assets) comes great responsibility (keeping them safe). Despite its simple interface, it still becomes complex for new users; that’s why it also offers a learning course on its homepage. The con we can conclude is that it is Ethereum-based and centralized, so users who want to manage assets on another blockchain may need to use other wallet solutions.