A very popular way of describing the evolution of the internet is this: Web1 is read-only, Web2 is read-write, and Web3 is read-write-own. Web3 or the decentralized web is a new iteration of the internet that uses blockchain technology that lets you gain control and ownership over digital assets. NFT marketplaces for digital collectibles are already an example of how this can democratize ownership of rare and unique assets. As technology grows, we can expect Web3 to radically change the world as we know it.