*Web5 has been in development for a long time*

*Web5 has been in development for a long time

WEB5 IT’S FINALLY HERE NOW

Web3 thrives on its ability to provide both transparency and anonymity, but merging the two has been a seemingly arduous task — particularly when it comes to securing personal data.

Jack Dorsey — the co-founder and former CEO of Twitter — believes he’s found a solution to the problem in the form of Web5, his newly announced decentralized data and identity platform leveraging Bitcoin. But while Dorsey unveils designs for a new decentralized web using the Bitcoin network, other blockchain technologies have moved far beyond the conceptual stage.

While somewhat confusing, the name of Dorsey’s proposal actually implies a literal combination of Web2 and Web3 features as in “two plus three equals five” — thus “Web5” was coined. Seeking to act as the ‘extra decentralized web’ equivalent, Web5 proposes to put control back in users’ hands and grant them autonomy over their digital data and identity.

In essence, the three main pillars of Web5 are decentralized identifiers, verifiable credentials, and decentralized web nodes — which, frankly, sounds similar to existing modern blockchain technologies. Dorsey’s rationale for Web5 is that while the current internet democratized the exchange of information, it is still missing an essential component — the reclamation of personal identity

*You can now claim 1,000 tokens for free while joining*

*Do not miss the opportunity to claim them as they will be unavailable once the project hits stage 2*

*When Web5 has public launch 21m coins will be in circulation without the chance of minting any more, having a predicted 8bn worldwide users by 2032 some are calling for $150 per token, either way we will see $1 pegged value at launch as the developers have created a structure to increase token value towards the launch*

*Currently tokens are sat at $0.001 each, this will increase to $0.01 on 1st October 2022, followed by 2 more increases of $0.10 and $1.00 prior to the launch*

*Web5 uses decentralized nodes to relay between browsers on all devices* *meaning you will never need to use third party apps again*

*MASTERCARD Have approved this project, this is maybe the most exciting part everyone who registers for the Web5 project will be designated a WORKING Mastercard Debit plus card*, *your Web5 balance will automatically be loaded onto the card which can be used at ATM’s worldwide and online with most retailers*

*JOIN Now for your 1,000 free tokens*

http://www.web5project.io/referral/3x7FU3

*Join our WhatsApp group for more updates*

https://chat.whatsapp.com/ICMEuxQqSBT0Do81cZBesl