Business

Co-creator of Earnity Domenic Carosa and Emergence of Web3 in Layman’s Terms

posted by Chris Valentine

The web has evolved significantly over the past decades. Many applications during the Web 1.0 early development stages have become obsolete.

What stage of the web’s development are we currently in? Society now uses Web 2.0, enabling us to enjoy platform monetization opportunities and heightened cybersecurity systems. However, Web 2.0 might not last much longer. Web 3.0, the next iteration of the web evolution, is already underway, and mainstream adoption will only be a matter of time.

Don’t worry if the web evolution sounds confusing. Dan Schatt and Domenic Carosa plan to take full advantage of the upcoming Web 3.0 with their new platform and marketplace, Earnity. Here is a quick explanation of what Web 3.0 has to offer and its impact on the future of the internet as we know it.

What Does Web 3.0 Focus ON

Web 3.0 form can only be speculated on for now, but one thing’s for sure: it will focus on decentralization. Web 3.0 technologies will give digital natives total control. Cryptocurrencies, DeFi systems, mobile payments, and metaverse platforms will play a crucial role in the web’s next iteration.

Will Web 3.0 Replace Web 2.0?

The emergence of Web 3.0 might take a while due to its complex nature and steep learning curve. For this reason, Web 2.0 might remain the norm for a little longer. Not everyone has the technical proficiency in utilizing decentralized technologies yet.

However, mainstream adoption will take place. The co-creators of Earnity, Dan Schatt and Domenic Carosa will use Web 3.0 technologies and help the public learn more about their real-world applications.

Bottom Line

Overall, Web 3.0 is the next iteration in the evolution of the web. Web 1.0 focused on global connectivity, Web 2.0 enabled monetization and bolstered cybersecurity, while Web 3.0 will introduce us to decentralization.

Of course, we’ve only hit the tip of the iceberg. Web 3.0 will continue evolving as mainstream adoption transpires and new technological demands emerge.

You may also like