As the internet prepares to make way for the development of Web 3.0 , we take a look at the innovation timeline

The beginning of it all

The term Web3 points to the third generation version of the internet . Web1 was the dial-in of the 90s . Web2 refers to the technologically revamped version of Web1 , after it was replatformed on Javascript , HTML5 and CSS3 . In 2006 , Tim Berners-Lee , the British scientist who developed the original internet , first proposed the concept of Web3 when he spoke about the Semantic web as a component of Web 3.0 – the third generation internet .

The advancement of blockchain technology

But Web3 didn ’ t really materialise until 2014 . The term was phrased by the cryptocurrency Polkadot founder and Ethereum co-founder , Gavin Wood ,, who is also the founder of blockchain infrastructure company Parity Technologies . He put his vision of the internet ’ s future forward as blockchain began to develop and its potential to provide a wholly decentralised online ecosystem was realised .

Facebook dabbles in Meta

Facebook ’ s role in metaverse history began in 2014 , when the company bought the virtual reality hardware / platform Oculus . Prior to this , the very first virtual spaces existed within the gaming sphere as early as 2006 , with games like Second Life , followed by Minecraft and the still very popular Roblox . Facebook ’ s Meta is , however , a very different beast from its gaming predecessors .

16 March 2023