As decentralized applications (dapps) continue to evolve, the tools needed by developers and users to make effective use of them have become more sophisticated.
Trends such as decentralized finance , non-fungible tokens , decentralized autonomous organizations , play-and-earn gaming, and the metaverse are bringing new infrastructure requirements to the dapp development space. There is a new awareness and demand to access, operate, and store both on-chain and off-chain data in a decentralized and trustless way.
These dapp trends collectively define what “web3” is today. Web3 is an idea born out of the dapps it is composed of. What makes dapps special is their use of blockchains, which allows anyone to participate without monetizing their data.
In light of the current situation, we see many opportunities for infrastructure providers in the near future. It is currently a technical and financial burden for developers and users to set up and run their own blockchain infrastructure. Developers would rather focus on building and shipping their products and users seek out the best user experiences.
To illustrate how infrastructure providers can build a global infrastructure cooperative for web3, we present the doors-applications-primitives-protocols .
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.By signing-up you agree to our
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