The internet failed to deliver on its promise. It was originally envisioned to be an open and democratic space where everyone could benefit from new opportunities.
Instead, the current internet – Web2 – is dominated by a few Tech Giants with a dangerous amount of control over your data and life. While these companies started as innovators, they quickly recognized the value of your identity and focused their products on earning massive profits at the expense of your data.
But now, the next iteration of the internet – Web3 – offers a chance to create a new era of control where you can access new opportunities. It’s based on blockchain, decentralized, and peer-to-peer and aims to give internet power back to you rather than companies.
We believe the foundation and starting point for all Web3 users is to own, control, and manage their digital identities, their Web3 ID.
