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What is Web3? This is how the future Polkadot founder Gavin Wood explained it in 2014

The protocols and technologies on the web, and even the internet at large, served as a great technology preview. The workhorses of SMTP, FTP, HTTP (S), PHP, HTML, and Javascript each contributed to the massive cloud-based apps we see today, like Google Drive, Facebook, and Twitter, not to mention the myriad other apps that do there are games, shopping, banking and dating. In the future, however, many of these protocols and technologies will need to be revised according to our new understanding of the interaction between society and technology.

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