Web3 is an umbrella term that refers to the new age of the internet. Originally there was Web1 and Web2. Web1 referred to an internet where information could be listed but users couldn’t interact with it. Web2 is what we’re about to leave behind, which is the form the internet took on when we were able to interact with content online. Now, Web3 has been born out of blockchain technology. This tech allows services such as the metaverse, non-fungible tokens, crypto and more to evolve at a rapid pace. This new Web3 is a world of decentralized services that companies will need to get used to if they want to succeed.