What Are Web 3 Cryptocurrencies?

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Over the last couple of years the concept of Web3, (sometimes referred to inaccurately as Web 3.0, the third generation of the internet), has evolved from a vaguely defined new digital utopia to becoming a leading driver — and all-encompassing term — in the growth of blockchain and cryptocurrency adoption for the foreseeable future.

Despite this, many of us still don’t understand the difference between Web3 and cryptocurrencies in general, and it gets more confusing when it appears like every crypto project has seemingly pivoted to a Web3 rebranding overnight.

One thing is for sure: Many consider web3 to be the “killer app” that can make crypto truly mainstream thanks to a plethora of high-potential use cases.

In today’s episode of CoinMarketCap, we will:

• Explain what Web3 cryptos are
• Look at some of the most popular coins out there
• Dissect the compelling use cases they offer

🔔 From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos!

🔵 Coin Market Cap is the world's most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.

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I watched this video in hopes of understanding what web 3, crypto, and blockchain does in the real world and I wouldn’t consider myself stupid and I would say I’m somewhat tech savvy but I still don’t fully understand it. I think the main problem is educating people on this because if I’m still confused I can’t imagine how confused the technology inept people are. If you want to grow this to mainstream education needs to be a priority. Unless you’re just waiting for us to fade out lol

ITrendzI
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Reminds me of how **blockchain bridges** work between networks!

NextBlockNft
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very interesting video, thanks for your work

kriskristal
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The only Web3 crypto is ICP because is fully on chain! All other cryptos are web2 hosted by AMZ servers therefore there not decentralized! Only ICP is 100% decentralized fully on chain!

mauricesalaman
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Nice overview! If Web3 is going to be the future, we need blockchains that can handle serious traffic. BSV is built for that with massive scaling and low fees. Have you looked into it?

RobertDevera-lu
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People do not
Be deceived, the only fully on chain Web3 in fully decentralized is ICP!

mauricesalaman
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Has anyone here ever been scammed in crypto? How can we avoid it?

BlockchainDepths
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What do you think about **AI trading bots** in crypto 2025? Do they actually work?

NextBlockNft
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Internet Computer is supposed to be some kind of dystopian system, according to a video by Coin Bureau.

WebConstructor
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Did you hear that big banks are starting to explore crypto? What are your thoughts?

HashRate_Masters
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Is anyone tracking **BRC-20** tokens? Bitcoin is evolving beyond BTC!

dylanbradly
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Virtual and reality
Technology and wealth
Join Vcity
Embrace the treasure of digital assets in the Metaverse

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