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What is Web3?

Updated on 05 16, 2025
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What Is Web3?

Web3 refers to the next-generation version of the network based on a public blockchain, which combines artificial intelligence, algorithms, the Internet of Things, blockchain, and other technologies to create a more closely connected and decentralized Internet concept. Web 3.0 can be understood as an upgraded version of the network, inheriting all the advantages of Web 1.0 and Web 2.0 and overcoming their shortcomings, while combining the diverse development of multiple fields such as blockchain, the Internet of Things, virtual reality, artificial intelligence, etc.

Web3 has a series of diverse features such as decentralization, permissionless, payment using cryptocurrency, trustless, ubiquitous, semantic network, artificial intelligence, virtual reality, and 3D experience.

How To Connect With Web3?

Cryptocurrency is the “money” of the Web 3.0 world, classified differently from a technical and stability perspective. It is the purchasing power of users in DApps, where users can also earn it. Cryptocurrency can be exchanged with real-world fiat currencies. Crypto assets can also be traded, invested, and transferred, all of which are implemented in the DApps internal trading market or cryptocurrency exchange.

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To enter the Web 3.0 world, there needs to be an operable and interactive entry point, which is the wallet. Users can access and use various types of DApps through the wallet, including social applications, gaming applications, and so on. Users can also manage their assets through wallets, including cryptocurrencies and NFTs. In light of this, users need to have a secure and efficient wallet to ensure asset security while being able to easily and quickly connect with Web3. The Gate Web3 wallet is the ideal choice among many wallet types, with easy access to the 10,000+ DApp protocol through the Gate Web3 wallet, making it a true one-stop Web3 world gateway.

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