Web2 refers to the current state of the internet, characterized by user-generated content, social media, and centralized platforms. Users are consumers of content and services provided by centralized platforms like Facebook, Twitter, Google, and Amazon. Web3 is an evolving concept that envisions a decentralized internet where users have more control over their data and interactions. It aims to empower users with tools and technologies that enable peer-to-peer transactions, decentralized applications (dApps), and blockchain-based systems.