Web3 is the brainchild of a collective movement driven by a community of developers, entrepreneurs, and enthusiasts. However, a key figure associated with Web3 is Gavin Wood, who coined the term “Web3” in 2014.
Wood is a computer scientist and the co-founder of Ethereum, a blockchain platform that has played an important role in the development of Web3. Wood’s vision for Web3 revolves around decentralization, privacy, and empowering individuals.