- Decentralized networks: Blockchain-based networks that allow for peer-to-peer transactions and data storage.
- Token-based economies: Cryptocurrencies and tokens that enable new forms of economic interaction.
- Smart contracts: Self-executing contracts with the terms of the agreement written directly into code.
Examples of Web 3.0 applications include decentralized finance (DeFi) platforms, non-fungible token (NFT) marketplaces, and decentralized social media platforms.