Web3 is a broad term for a vision of the internet built on blockchains, where users own their data, assets, and identity rather than renting them from big platforms.
From read to own
The idea is often framed in eras: an early “read-only” web, today’s “read-write” social web owned by large companies, and a proposed “read-write-own” web where tokens and wallets give users a direct stake. Whether Web3 delivers on that promise is genuinely debated.
Where the metaverse fits
The metaverse — persistent virtual worlds — and on-chain gaming are often lumped in with Web3 because they use the same tools: tokens, NFTs for digital goods, and wallets for identity. Some of this is useful; much of it has been over-hyped and speculative.
Our stance
We cover Web3 with curiosity and skepticism in equal measure, explaining what the technology can do before weighing what it is worth. See Web3 & Metaverse and our glossary.
Educational content, not financial advice. Crypto is volatile and you can lose money. Do your own research. Crypto Ruble Coins is a news and education publication — not an exchange, conversion, or off-ramp service.
Última actualización 14 Jul 2026
Bernard Condon is a financial and cryptocurrency writer covering digital assets, blockchain innovation, fintech, and global markets. He specializes in translating complex industry developments into clear, data-driven insights for investors and technology enthusiasts.
