RE: Web2 for web3
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Web3 allows people to build projects on top of each other and achieve economies of scale, which is difficult to achieve in Web2. Each online shop in Web2 is built as an island with a dedicated database of products, users, and reviews. However, social shops built on Web3 can share the user database (all users of the social blockchain), product knowledge base (all product information published on the blockchain), and even user reviews, which are posted on the blockchain with references to products.
In a way, Web3 is like open-source development, but not just for code—it also revolutionizes electronic commerce. The success of one social shop leads to the success of all other participants: more users, more product details, more reviews, more relevant content, more user connections, more sponsored rewards, and so on.