Key takeaways:
- Snoop Dogg and Justin Sun have stated that they are working on Web6.
- Jack Dorsey had earlier announced that TBD was working on Web5 on the Bitcoin Network.
The founder and former CEO of Tron, Justin Sun, has announced via Twitter that he is working on Web6.
Mr. Sun’s Tweet comes on the backdrop of Twitter’s Jack Dorsey announcing that TBD, a subsidiary of Block (formerly Square), was working on building Web5: an extra decentralized platform. Justin Sun‘s tweet making the announcement can be found below.
#web6 for me https://t.co/bjPKxLt9UL
— H.E. Justin Sun 🅣🌞🇬🇩 (@justinsuntron) June 11, 2022
Snoop Dogg Is Also Working on Web6.
Similarly, legendary rapper, producer, and NFT collector Snoop Dogg also took to Twitter to announce that he, too, was working on Web6.
U can smell it.
— Snoop Dogg (@SnoopDogg) June 10, 2022
Jack Dorsey Announces TBD is Building an Extra Decentralised Web5 on Bitcoin
As earlier mentioned, Justin Sun’s and Snoop Dogg’s Tweets on working on Web6 were inspired by Jack Dorsey’s announcement that TBD was building an extra decentralized Web5 on Bitcoin.
When announcing the new project, Mr. Dorsey explained that Web5 would most likely be his and TBD’s most significant contribution to the internet. He also added that he was proud of the team at TBD.
this will likely be our most important contribution to the internet. proud of the team. #web5
(RIP web3 VCs 🤫)https://t.co/vYlVqDyGE3 https://t.co/eP2cAoaRTH
— jack (@jack) June 10, 2022
More on TBD’s Web5 that Focuses on User Data and Identity
Web5, as envisioned by TBD and Jack Dorsey, is an extra decentralized internet that puts users in control of their data and identity.
According to TBD, the internet is missing an essential layer linked to personal identity. The TBD website further explains how identity will be vital for Web5 and personal data.
We struggle to secure personal data with hundreds of accounts and passwords we can’t remember. On the web today, identity and personal data have become the property of third parties.
Web5 brings decentralized identity and data storage to your applications. It lets devs focus on creating delightful user experiences, while returning ownership of data and identity to individuals.
No New tokens With Web5
Mike Brock, Lead at TBD, further reiterated that Web5 would not have any additional tokens to invest in as is usually the case with Web3.
Let me clear this up right now, everybody: No. There are no tokens to invest in with web5. Kthx.
— Mike Brock 🫂 (@brockm) June 10, 2022
Crypto Community ‘Corrects’ Jack Dorsey That it Should be Web6.
On a lighter note, crypto community members have been wondering what happened to Web4 for Jack Dorsey and the TBD team to jump to Web5 immediately.
One crypto community member known as @WallStreetPro has questioned whether Mr. Dorsey and the TBD team made a mathematical mistake as the project’s website suggests that Web5 is the product of Web2 multiplied by Web3. He goes on to correct the former CEO of Twitter, as seen in the following tweet.
Hey @jack, your math is off!
(web2)(web3) = (web6) -> 2×3=6
Just saying. 😏 pic.twitter.com/3VjsSPFYzp— WallStreetPro (@wallstreetpro) June 10, 2022
[Feature image courtesy of TBD.website]
