Are we on the cusp of an Internet revolution? We are, and it has a name: “the metaverse”!

Despite the many challenges that need to be overcome, we see tremendous opportunities for society to embrace a new modus operandi of the Internet as we know it. Let’s take a closer look and understand the state of the metaverse and one of its underlying technologies: Web 3.0.

Why Web3.0? While not fundamental to our current understanding of the metaverse, it is a powerful technology capable of accelerating ecosystem acceptance of users and developers, as we will see in this blog. Web 3.0 is based on blockchains that are immutable and have no central ownership structure. A blockchain can host tokens (of economic value), application data, and even applications…