Web 1 denotes a time period and philosophy of how the internet was used. This article is the first in a series of deep dives on Web 1, Web 2, and Web 3 and will break down the history, function, and legacy of Web 1 through the lens of the Strauss-Howe Generational Theory.
Different blockchains require different types of tokens. These tokens can have all sorts of capabilities. Think of them as smarter versions of money. For more information on Solana’s smart money (SPL tokens), check out this article.