Real Vision x Sui: What Is Web3 and Why Does It Matter? (Episode 2)

Real Vision: Finance & Investing

Real Vision

Business, Business News, News, Investing

4.2 • 1K Ratings

🗓️ 16 June 2025

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

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Summary

🔥 *Get Raoul Pal's FREE Guide to Unf*ck Your Future:* https://rvtv.io/3YOZZUe. Hosted by Roger Hirst, this first of five video tutorials is meant to help everyone, regardless of their crypto knowledge, to understand what RV and Sui's partnership means on a technical level. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com 📣 Elevate your brand with Real Vision. Connect with us at [email protected] to explore advertising possibilities. About Real Vision™: We arm you with the knowledge, the tools, and the network to succeed in your financial journey. 🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe Connect with Real Vision™ Online: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Website: 🔥 https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf This video explains the evolution from the early days of the internet with **web1**, through **web2**, to the promise of a **decentralized internet** with **web3**. Learn about how **blockchain technology** is enabling new features and ownership models online. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	What is Web 3?
0:15.0	If we're trying to explain Web 3, it's probably best to start by making sure we all understand Web 1 and 2.
0:22.6	Web 1 was the earliest version of the Internet, and it's what we used from the 1990s till the early 2000s.
0:29.6	It's hard to imagine it now, but in those days the Internet was made up a very static, read-only websites, with very limited interactivity. As users, we had
0:40.3	almost no ability to comment or contribute, and most of the content was created centrally.
0:46.3	But crucially, we did own our own email address and domain back then. That all changed
0:53.3	in the mid-2000s when Web 2 came along. Web 2 is the
0:57.8	internet that most of us know today, with interactive, social and user-generated content, along
1:04.1	with mobile-first experiences. These were all great innovations, but a mass what we lost from
1:10.0	Web 1, which was our user
1:12.0	control.
1:13.0	You see, with Web 2, we don't actually own our data or our followers.
1:18.0	All that has been taken from us by the huge tech companies that now dominate Web 2.
1:23.8	And they have such power.
1:25.7	They can kick you off their platforms or channels at any time and you lose everything.
1:30.3	Or your comments, followers, threads, reviews, the lot.
1:36.3	Imagine how catastrophic that would be, not just for an individual, but also for a modern business.
1:42.3	These tech giants are the gatekeepers and they control everything.
1:47.0	Web3 is the next generation of the internet and it's already starting to touch the mainstream.
1:54.0	In terms of how it looks and feels, Web3 can still be accessed through our existing devices.
1:59.0	And as you might expect, it will be full of
2:02.0	different websites, apps, channels, platforms, videos and communities. It will also use search engines
	...

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