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Web3, what is it good for?

Photo by Benjamin Davies on Unsplash
Photo by Michal Matlon on Unsplash

What is the purpose of Web3?

The energy of Web3 is focused either on the virtual with Gaming, NFTs, and Metaverse along with trading tokens or leveraging the technology to solve real-world problems, and it is clear that this will not be an “either-or” but rather two streams with some common elements.

What stands in the way of mass adoption?

The user experience for a non-crypto native is terrible. There is no other way to dress it up. Download a browser extension, write down and secure 12 or 24 words or risk losing your holdings, buy some native tokens from some exchange or other (after you have done your onboarding and pleaded with your bank not to close your account as you are sending money to an exchange). Businesses will need to address these issues as no matter how innovative, safe, or cheaper they are these entry points are high barriers. Solving these issues will be the “broadband” or “smartphone” moment for crypto.

Photo by Aedrian on Unsplash

Will Web3 see monopolistic tech companies flourish?

In the early days, the internet was decentralized and we did not see any one organization dominating, the evolution followed that convenient services, which were free of charge, allowed the big companies to emerge as they were able to monetize the vast amount of data collected to grow an advertising industry which adopted the new technologies thus disrupting the traditional advertising sector.

Tgrade and Web3

What does Web3 mean to Tgrade? A business-focused blockchain is at the heart of Web3, as businesses solving real-world problems using Tgrade as an infrastructure will be building rich applications with a mobile and web focus.



The foundation of Tgrade is a robust, secure, fully decentralized platform that offers the ability for self-sovereign groups to form and interact with each other.

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Martin Worner

Growing Tgrade, a business focussed, public blockchain, which solves real world issues.