Web3 vs. Web 3.0: They are NOT the same!

Henrique Centieiro & Bee Lee
DataDrivenInvestor
Published in
8 min readDec 21, 2022

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What?! Wait a second… Web3 and Web 3.0, ain’t they the same?!

What I’m going to demystify today is probably one of the most common misconceptions in the blockchain and crypto space. Including myself, only until recently, thanks to one of my students on Udemy who pointed out to me that I had misused this term in one of my masterclasses, I would not have known about this. Read on if you don’t want to make the same mistake as I did!

If you search ‘Web3’ on Wikipedia, this is what you’ll find in the very first sentence of the article:

You see, even Wikipedia notices this common confusion among most people. Web3 and Web 3.0 are NOT the same.

Web3 and Web 3.0, even though they are both visions of how the Web will ideally be evolved in the future and both are attempting to fix the problems of the current Web, they are fundamentally different.

To put it in simple terms, Web3 refers to the decentralized and blockchain-based web, while Web 3.0 refers to the linked or semantic web. Let’s break them down a bit further.

Web3

To understand Web3, we need to first understand Web1 and 2.

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