Short for "decentralized app" think of regular apps, but instead of running on company servers, they run on blockchain networks.
No single company controls them. The code is open for anyone to see. And they use crypto for transactions.
Examples you might've heard of:
• Uniswap (crypto trading)
• OpenSea (NFT marketplace)
• Decentraland (virtual world)
The appeal? No middleman, more transparency, censorship resistant.
The reality? Often clunky, expensive fees, and a steep learning curve.
Web3 enthusiasts say they're the future. Skeptics say they're overhyped. The jury's still out 🤷
$UNI $RWA
$REZ #Web3 #crypto #blockchain #dApps #TechExplained