# What is Web3?

Web3 is the term used to describe the next generation of the Internet that is built using blockchain technologies and token-based economic models. It is a game changer when it comes to things like censorship, ownership, and decentralization. Here are some great articles that explain it well. [ethereum.org](https://ethereum.org/en/web3/) [hbr.org](https://hbr.org/2022/05/what-is-web3)