Web3 is the vision for a new version of the internet that’s built on decentralization, blockchain technology and token-based economics. A key part of Web3 will be the metaverse — a virtual world that often incorporates elements of virtual or augmented reality. And people will own their data.
It’s a far different world from the internet of today — and the internet of the 1990s. When the dot-com bubble burst in the late ‘90s, some of the surviving companies — including Google and Amazon — made early investors massive amounts of money.
As startup investors, we can’t help but wonder: Does Web3 offer that same opportunity?
In this episode of Angel Insider, Vin Narayanan and Allison Brickell discuss that question and dive into a history lesson on Web3’s predecessors.
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