Web 3 seems to be a talking point of people across borders and cultures. From China to Australia to the United States of America, there is a visible growth in the interest towards Web 3. However, a deeper examination reveals the fact that much of this buzz comes from Facebook rebranding itself as Meta. With one of the 4 big techs planning to enter the metaverse, the popularity of Web 3 was bound to increase. At present, the most common connotation of Web 3 is with metaverse, which in turn fins mention only with gaming. The play-to-earn gaming model is a gift of the metaverse, but people seem to restrict web 3 to just that. In reality, that is just the tip of the iceberg and web 3 is capable of far more.
For instance, the metaverse can revolutionize remote work, bringing teams together in a way no technology could in the past. That is one of the most important use cases of Web 3. Apart from that, it will find heavy use in the medical, banking, and education sectors. On a whole, web 3 will make it easier for people to communicate with each other without depending on an intermediary. To keep it restricted to gaming is equivalent to using the internet only for sending emails. The biggest innovation until now has been in the domain of gaming, also because other applications did not enjoy the same limelight. The future holds interesting innovations in web 3, and it is only a matter of time before the world realizes it.
