W3BCLOUD SPAC slide image

W3BCLOUD SPAC

Web3 is "Crypto World's Attempt to Reinvent the Internet" An "internet owned by the users and builders, orchestrated with tokens” Key attributes: Web3 VS. Web2 Ecosystem Participants W3B CLOUD ■ I ■ ■ ■ Web2 (2000s-2020s) Platform Economy Read Write Centralized Few large players Multi-trillion-dollar corporations Alibaba.com Censored Expensive for developers Corporations retain value El amazon Bai du E f Google Tencent ■ ■ ■ Web3 (2020s & beyond) Ownership Economy Read Write Own Sources: Company management. Quotes from Olga Kharif (Bloomberg Law) and Packy McCormick (as quoted in the New York Times), respectively. Decentralized Distributed and long tail Crypto-incentivized protocols ■ Censorless Developers participate Native value ₤ ethereum Filecoin ZIL a Arweave SOLANA livepeer 15
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