Plain English
Web3 is the loose term for the next generation of internet applications built on blockchain rails — where users own their identity, data, and assets rather than renting them from platforms.
How it actually works
In practice, Web3 means dApps (decentralized applications) you access via a self-custody wallet. Your wallet IS your account; signing into a Web3 app means signing a message with your private key. The contrast is with Web2, where your identity is held by Facebook, Google, or Apple.
What it means for you
Members do not need to philosophize about Web3 to use it. The practical takeaway: when you connect a wallet to a DeFi protocol, you are doing Web3. The principles — user-owned identity, censorship resistance, composability — are the same principles behind self-custody.
We focus less on the term Web3 and more on the practical applications members actually use — DeFi protocols, on-chain identity, and the tools that bridge between Web2 and Web3 worlds.
Educational content only. Not investment, tax, or legal advice.