Web3 Business Model

Definition ∞ A Web3 business model operates on decentralized technologies, such as blockchain, smart contracts, and token economics, enabling new forms of value creation and exchange. It typically involves user ownership of data and assets, community governance, and token-based incentives. These models aim to redistribute value from centralized intermediaries to network participants. They represent a shift towards greater digital autonomy.
Context ∞ Crypto news extensively covers the emergence and evolution of various Web3 business models across sectors like decentralized finance, gaming, and social media. Reports analyze how tokenomics, decentralized autonomous organizations, and user-generated content are reshaping traditional industries. Understanding these models is essential for tracking innovation and investment trends in the digital economy.