It is also worth noting that blockchain technology comes with high electricity costs, so Web3 is not exactly a good fit for the (necessarily sustainable) future that lies ahead . Ethereum has, however, developed a new process that would reduce the electricity costs associated with blockchain by no less than 99.5%. But even if this process worked, it would still be extraordinarily complex and time-consuming compared to other alternatives.
However, if there are so many problems surrounding Web3, why is this concept the iran number data new “hype” of the moment? Basically because Web3 is directly linked to two developments that are currently on the crest of the wave: non-fungible tokens ( NFT ) and the much-vaunted metaverse.
Although the metaverse is not necessarily indebted to Web3, many assume that in the coming years the different metaverses will be connected to each other and the products and content distributed there will not be at the expense of any intermediary but of the developers and creators themselves. In this open network of networks, products and currencies of a decentralized nature would be necessary, which is why blockchain and NFTs inevitably come into play.
The happy amalgamation of the metaverse and NFT is giving impetus to Web3 to unsuspected limits , and more and more companies, particularly lifestyle brands, are turning their attention to it.
However, Web3 also has to deal with another major obstacle: unlike other major Internet innovations (Google, social networks, or smartphones), it is not designed to meet any specific user needs . Simplicity, convenience, and user experience have always played an extremely important role in the development of the Internet, and these three factors are conspicuous by their absence in Web3, which is why it is still far from arousing enthusiasm among the general public – an enthusiasm that the technologies of “Big Tech” do manage t