While Web 2 caters to the current internet generation, Web 3 is known as the semantic web. In this video, we explore these two concepts, their differences, and their possible applications. The Internet has progressed rapidly from the early days of Web 1, which included static texts and visuals, to the current version – Web 2. We are presently entering the Web 3 era, in which value and data will easily move across decentralized platforms with distributed ownership and control. But, what else does Web 3 feature? How is it different from Web 2?