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Web3 In Transition and Participatory Regulation

BY | February 1, 2023

Web3 constitutes the first qualitative revolution of the Internet. The technology in Web2 has been neutral, while with the blockchain, it becomes a field of competition. Digital platforms (Web2) remained…

Web3 constitutes the first qualitative revolution of the Internet. The technology in Web2 has been neutral, while with the blockchain, it becomes a field of competition. Digital platforms (Web2) remained up to this year unregulated. In 2022 the European Union started to regulate them from a premise: technology is neutral. This premise doesn’t apply to Web3: EU rules change according to the technology used. Hence, EU rules for Web2 and Web3 are mutually incompatible. However, since the tran

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