DAOs are the death of the centralized Internet
Web3 is the decentralized alternative to the old Internet. It’s better than Web2 because of:
Decentralization of architecture away from a few big tech companies into a vast network of computers and DAOs.
User
ownership of their data and control over how it’s used and/or monetized.
Interoperability of Web3 applications and services instead of the siloed Web2 approach.
(mis)
Trust in centralized banks and tech giants is replaced with smart contracts.
Privacy via a culture of pseudonyms and a number of privacy controls make Web3 preferable to Web2, where companies collect and sell user data.
DAOs (Decentralized Autonomous Organizations) are essential to Web3 for a number of reasons
read
