Define web3 in simple terms

You get to own a piece of the website/project.

Everyone gets to be part of it, but no one can control it. End of monopolies.

Same as web2 but more hyped.

web3 is a powerful web owned, operated and used by open communities.

Web3 - "A technology that people are yet to make meaningful sense of."

Web3 is like the internet, but smarter.

It's not what everyone thinks it is.