Questions tagged [web 3.0]

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Andrea Andrea Fri Jul 12 2024 | 5 answers 1170

What is a Web 3.0 token?

Could you elaborate on what a Web 3.0 token is? I've heard about the concept of Web 3.0, which seems to be a decentralized and open-source iteration of the internet, but I'm unclear on how tokens fit into this framework. Are Web 3.0 tokens digital assets that power the various decentralized applications and services within this new web paradigm? Do they represent ownership, governance rights, or some other type of value? Could you provide a concise yet comprehensive definition of a Web 3.0 token and its role in the evolving internet landscape?

What is a Web 3.0 token?

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