Lately, there’s been a question that keeps getting asked more and more: what exactly is web3.0? Why do some people say it’s the future of the internet? Honestly, when I see “web3.0 projects” on every street corner, I feel a bit numb. Many teams simply slap the label “web3.0” on themselves, and as a result, investors can’t even tell which are real applications and which are scams.

In fact, the concept of web3.0 has existed for a long time. Back in 2006, Tim Berners-Lee, the father of the World Wide Web, put forward a vision that users should own their own data. Later, Gavin Wood, the co-founder of Ethereum, redefined it again—emphasizing that web3.0 should be an internet protocol that is uncensored, not monopolized, and with low barriers. Simply put, web3.0 is the third generation of the internet, and its core is using blockchain technology so that users truly control their own data and assets.

That sounds ideal, but why do we still need web3.0 today? Imagine you’re a content creator, posting content every day on social platforms to attract followers. It looks like a win-win—but who actually owns your content? How is advertising revenue distributed? Will the platform leak your private information? In the Web2.0 era, no one gave you answers to these questions. What web3.0 aims to do is to use blockchain and smart contracts to return these rights to users.

It’s clear when you compare them. In the Web1.0 era, the web was static and read-only, with users having little participation. Web2.0 made it read-write, but control over data still stayed in the hands of the platforms, and the economic model was based on advertising. Web3.0 is different: users can truly own their data and assets, decentralized identities replace usernames and passwords, and the economic model shifts toward cryptocurrencies. On the technical side, it also upgrades into a combination of blockchain, smart contracts, AI, and more.

So what’s the relationship between web3.0 and concepts like blockchain, cryptocurrencies, and NFTs? Simply put, blockchain is the underlying technology, and web3.0, cryptocurrencies, and NFTs are applications built on top of it. To achieve data ownership returning to users, web3.0 relies technically on blockchain, and economically needs tools like cryptocurrencies and NFTs to enable the transfer of value.

From an investment perspective, the web3.0 track does indeed have opportunities. There are already more than 200 related projects in the market—things like Polkadot, Chainlink, and Filecoin are all addressing urgent, real needs in infrastructure and data storage. But it’s also true that there are plenty of mixed-quality projects. When picking projects, you can’t just look at concept hype—you need to find those with real progress and that can solve real problems. Only then can you make it through the bear market, and only then can the bull market deliver explosive growth.

To be honest, web3.0 is still in its early stages right now, and it’s normal for its scale to be limited. Some say it will bubble, like early AI—but that doesn’t negate its value. What web3.0 aims to solve isn’t fake demand; it’s real existing problems—users’ genuine demands for privacy, autonomy, and data ownership. Even though today’s results haven’t yet fully met expectations, the development trend is clear. If you’re optimistic about this direction, you can try allocating a small portion of your funds—no need to go all in—but it’s definitely worth paying attention.