Opportunities in Web3

Saudi Arabia

The world wide web was launched in 1992 by Tim Berners-Lee. It was the greatest technological advancement of a generation, and one of the greatest leaps made by mankind. Between 1992 and 2006, the global internet adoption rate averaged 33% annual growth.

Interestingly, the adoption rate of Web3, blockchain and crypto has already dramatically outpaced the adoption of the internet, averaging 80% user growth year on year. It is expected that sometime between 2024 and 2025, the world of Web3 would have onboarded 1 billion crypto users.

Web3 Adoption Outpacing the Internet: A Comparative Study

Infobytes

Are you ready to take a trip down memory lane? We&rsquo;re talking about the time when the only thing you could do on the web was play solitaire or chat with strangers in text-based chat rooms.

Yep, we&rsquo;re talking about Web 1.0, the era of dial-up and Tamagotchis. But hold on to your pagers because we&rsquo;re now entering the era of Web3 and we have come a long way since those AOL days.

What's the Difference? | Web1.0 vs Web3: The Internet's Epic Evolution

What's the Difference? The Evolution from Web1.0 to Web3

Mergers and acquisitions (M&amp;A) are a key component of growth for businesses around the world. Building everything in-house and hiring to achieve organic growth gets tough as you get past the early growth stages. &nbsp;

Between the five and a half years between of January 2017 to June 2022, Israel led with 1,146 M&amp;A transactions, followed by the UAE with 645 transactions, and rounded out with 463 in Egypt, 229 in Saudi Arabia and 140 in Kuwait.&nbsp;

Web3 Tech: Faster Adoption than the Internet

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