Web3 investment surged to over $50 billion in 2023, doubling its global financial input.

The growth of Web3 challenges the dominance of Big Tech companies (GAFAM) in various sectors.

Decentralized platforms and DAOs are providing users with more privacy and control, and disrupting traditional startup funding methods.

Crypto and institutional adoption are expected to redistribute financial power by offering peer-to-peer transactions with lower fees.

Web3's goal for 2024 is to further decentralize crucial internet layers, threatening Big Tech's data monopolies.

Web3 needs to improve user experience to attract the broader non-technical population.

Big Tech is responding to the Web3 threat by investing in their own decentralized projects.