How we describe web3 for A Beginner's Guide Right now, it's mostly controlled by a few big companies. Web3 is like building a new playground where everyone gets to be in charge. Instead of a few companies owning the rides, we'd all own them together. This is possible thanks to blockchain technology . Think of it as a digital ledger that keeps track of everything that happens on the playground. It's like a giant, transparent notebook that anyone can see, but no one can change. This makes it impossible for anyone to cheat or take control. With Web3, we can create decentralized applications (dApps) . These are like apps on your phone, but they're not owned by a single company. Instead, they're run by a community of people. This means there's no middleman to take a cut, so everyone gets a bigger share of the pie. So, Web3 is about giving power back to the people. It's a new way of building the internet that's more open, fair, and secure. It's still