DAOs are the death of the centralized Internet

Web3 is the decentralized alternative to the old Internet. It’s better than Web2 because of:

▪️Decentralization of architecture away from a few big tech companies into a vast network of computers and DAOs.

▪️User ownership of their data and control over how it’s used and/or monetized.

▪️Interoperability of Web3 applications and services instead of the siloed Web2 approach.

▪️(mis)Trust in centralized banks and tech giants is replaced with smart contracts.

▪️Privacy via a culture of pseudonyms and a number of privacy controls make Web3 preferable to Web2, where companies collect and sell user data.

📌DAOs (Decentralized Autonomous Organizations) are essential to Web3 for a number of reasons 👉 read