Oky Gunawan

The internet has evolved through three distinct phases: 1. **Web1 (1990s - Early 2000s)**: Characterized by static, one-way content where users could only read information. It lacked interactivity, with content primarily created by large institutions. 2. **Web2 (2005 - Present)**: Marked by interactive platforms like social media, where users can create and share content. However, this era also raised concerns about privacy and data ownership, as personal data is often monetized by companies. 3. **Web3 (2015 - Present)**: Aims to address Web2's issues by utilizing blockchain technology to give users control over their data and digital assets. Key features include digital wallets, smart contracts, and decentralized applications. Web3 promotes ownership, transparency, and a more equitable internet. The journey of Web3 has seen significant milestones, including Bitcoin and Ethereum, and is currently focusing on enhancing user experience, digital identity, and data privacy. The future promises integration with Web2, an independent creator economy, and equal access for all users. Overall, the evolution reflects a shift from passive consumption to active ownership of the internet.