Web 3.0 Development Insights
Web 3.0 Background
The amount of data and information on the internet continues to grow exponentially daily by the second
It follows on constant availability of new data sources from articles, images, podcasts, videos and everything else available on the web
As a result, with the present and past large data pool, businesses need to better understand and process this data in such a way, that is cost-effective. Businesses are developing new understandings, that are presented to them with investment opportunities such as digital assets.
What is Web 3.0
Investment as a new asset class
Digital assets continue to be highly desirable, now including NFTs availability to purchase via reputable international brokers and auctioneers houses. New developments can also be seen that VCs have invested $20.7bn in cryptocurrency start-ups as of October 2021, which is an increase of more than 160% from the previous record in 2018.