Web3 Asset Class

Definition ∞ Web3 asset class refers to a broad category of digital assets that are native to or operate within the decentralized internet ecosystem, known as Web3. This includes cryptocurrencies, non-fungible tokens (NFTs), decentralized autonomous organization (DAO) tokens, and other tokenized forms of value or utility. These assets are typically characterized by their ownership on a blockchain, programmable functionality, and interoperability within decentralized applications. They represent a new frontier of digital ownership and economic participation.
Context ∞ The Web3 asset class is a rapidly expanding area of focus in crypto news, driven by innovation in decentralized finance, gaming, and digital identity. Discussions often center on their regulatory classification, valuation methodologies, and potential for disrupting traditional industries. Future developments anticipate a significant increase in the diversity and sophistication of these assets, leading to new economic models and widespread digital utility.