#4 – 5 Things #web3 is NOT #shorts
5 Things Web3 is NOTβοΈ
#4: βWeb3 is not a scamβ
Short Story.
When I created my first wallet with MetaMask π¦(which is a decentralized, user-managed Ethereum-based wallet that allows users to store, buy, send, convert, and swap crypto tokens)
I was instructed to safely store my recovery password as they donβt have access to user #data. Talk about #privacyππΏ
Did You Know? π€
Web3 will benefit YOU and I the Internet Users as much as it does Big Tech that is #google and the likes, because:
1. YOU have custody of your data/information as a user (between 80% – 100% Iβll say) as opposed to Web2, where Big #tech is 100% in charge and users only have shared access. π
2. YOU can get rewarded in tokens (via airdrops) for your online activities π±
3. African netizens donβt have to deal with 3rd party/#network issues when making cross-border transactions. Sighs.
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