{"id":9263,"date":"2022-03-14T00:11:45","date_gmt":"2022-03-14T00:11:45","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/web3-relies-on-participatory-economics-and-that-is-what-is-missing-participation\/"},"modified":"2022-03-14T00:11:47","modified_gmt":"2022-03-14T00:11:47","slug":"web3-relies-on-participatory-economics-and-that-is-what-is-missing-participation","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/web3-relies-on-participatory-economics-and-that-is-what-is-missing-participation\/","title":{"rendered":"Web3 relies on participatory economics, and that is what is missing \u2014 Participation"},"content":{"rendered":"
Web3 is hailed as a technology paradigm that is fueled by the creator economy and is in the future, or rather, the next evolution of the internet. As we draw evolutionary comparisons of the technology that underpinned everything from information consumption to content creation, Web2 contributed an unparalleled economic growth and represented a significant era in human evolution with new ways to work, consumer information and progress in human civilization. So with this enormous success of Web2, why is there a need for Web3?<\/p>\n