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Web3 Growth

Definition

Web3 growth describes the expansion and increasing adoption of decentralized internet technologies built on blockchain. This includes the development and use of decentralized applications, protocols, and digital assets that aim to give users greater control over their data and online interactions. It represents a shift towards a more permissionless and user-centric digital environment. This growth is driven by innovation in areas like DeFi, NFTs, and decentralized autonomous organizations.