Web 3.0 will take power away from 1% and give it to 99%. This was one of the points discussed during a panel talk on “De-Mystifying Web 3.0 and Metaverse” held at T-Hub Innovation Summit on Tuesday.
Panellists were asked about the difference between Web 2.0 and 3.0, what does the government feel about disruptive technologies like block chain, top predictions on the new web, when consumers are expected to join it and other topics.
Speaking about differences between Web 2.0 and 3.0, General Partner of Borderless Capital Amit Mehra said that the former started in around 1995-1996 with internet companies such as Yahoo, Google, and Netscape. As Web 2.0 evolved, infrastructure companies entered the arena followed by application-based companies such as Uber, Swiggy and Ola, among others.
