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Web1, or the first phase of the World Wide Web, was all about information sharing. It was a time when people could easily find information they were looking for on digital sites. Web2, which is what we are in now, is all about engagement. This is where user generated content, social media and ecommerce took off.
Web3, which is still in its early days, is all about giving users back control of their data. This is done through decentralization and the use of cryptocurrencies. In the Web3 era, users can interact with each other without the need for a third party.
Metaverses are one of the best examples of Web3 in action. These are virtual worlds that are built on top of the blockchain. They allow users to interact with each other in a decentralized manner.
Metaverses are still in their early days and there is a lot of room for growth. This is why Mike Vitez and David Taylor have launched a startup integrator called Limitless. Limitless is a platform that provides a suite of products and services to incubate and maximize startups’ endeavors in the metaverse.
The two co-CEOs of Limitless are confident that metaverses are going to be the next kind of Internet, which means that any kind of business should consider launching in one.
David Taylor argues that "the metaverse is the first real use case of Web3." He notes that cryptocurrencies have been around for a while, but this is the first time when decentralization and true digital ownership have become at the forefront of technology.
He believes that the metaverse will be the first place where users can truly experience digital human
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