# Web3
Web3, also known as Web 3.0, is an idea for a new iteration of the Internet that is based on public blockchains. The term was coined in 2014 by Ethereum co-found...
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Web3, also known as Web 3.0, is an idea for a new iteration of the Internet that is based on public blockchains. The term was coined in 2014 by Ethereum co-founder Gavin Wood, and the idea gained interest in 2020 and 2021 from cryptocurrency enthusiasts, large technology companies and venture capitalist firms.
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