What is Web3?

Harvard Business Review · Oct 16, 2026 · 4m

What is Web3?

Uploaded 11-05-22

12 May 2022

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Web3 promises to make the internet more decentralized and democratic — but there are lots of unknowns that could cloud that utopian vision.

00:00 The future of the Internet is here! Or ... it might be?

00:10 Web 1.0 was read-only.

00:23 Web 2.0 was read/write.

00:52 Web3 promises to be read/write/own.

01:20 Examples

02:15 Web3 isn't inevitable, however. And there are some red flags.

Read more about Web3 at HBR.org:

https://hbr.org/2022/05/what-is-web3

Web3 is being touted as the future of the internet. The vision for this new, blockchain-based…