And nobody knows what web 3 is.
The current Internet model relies on building audiences hen capturing and monetizing that audience data through targeted advertising. This antiquated model exploits users, jeopardizes small businesses and can even contribute to destabilizing society.
Power is highly centralized, concentrated within a handful of technology giants.
Internet users' data is being manipulated, without true consent or fair compensation.
Increasingly platform reliant, businesses are exposed to platform risks and cost increases.
Digital advertising has fueled inflammatory content, polarizing culture and society.
The emerging Web3 movement means many things. And not everyone agrees what they are.
At its core, Web3 moves us from ad-based, data-extraction revenues to a more private and secure online environment where personal data is sacred and revenue models must evolve. We call it Web.Ɛ: The Ethical Web.
Our patented technology, and the Open Source development platform we're building to support Web.Ɛ innovation, is designed for a world of programmers seeking and ecosystem that provides effective ways to create while contributing to the monetizing power of a new Internet.
From individuals to small businesses and governments, the Internet is experiencing a grassroots revolution.
Which business models and applications will rise from the ashes?
of US Apple users have opted out of tracking.
of US adults believe the risks of companies collecting their data outweigh the benefits.
of US consumers are 'very concerned' about Facebook and Google's use of their personal data.
of US small businesses believe their Facebook advertising is failing.
The cost of the average Facebook advert increase YoY.
is the recommended minimum spend per month on Google alone.
We have secured five international patents for our Internet-Based Search Mechanism. Our US patent US10977387B2 was granted in April 2021.
As we move towards a more distributed, privacy-first Web3, our research with elite programmers has uncovered many potential applications for our patented search technology as well as "Low Code" opportunities that allow more programmers to innovate with less code. This is the backbone of global digital inclusion.
We plan to create a critical mass of Web.Ɛ developers that will empower themselves, companies, and budding entrepreneurs worldwide. We expect this to be our foundation-layer for new products and services - and a new Internet.
Open Source builds the Internet. There are an estimated 24 million total software developers globally. Evans Data expects 27.7 million by 2023.
The Web3 Open Source developer community is growing at a 75% clip since the start of 2021.
Users can engage anonymously with providers - and providers can collect aggregated anonymous data.
Search results are highly accurate. No more irrelevant search results or lengthy search results lists.
Designed to provide nearly all levels of developers with comprehensive toolkits for the creation of Web.Ɛ solutions.
High spending advertisers are not algorithmically prioritized. Our tools are expected to allow SMEs to compete fairly with large enterprises.
Our Open Source framework is expected to engage the world in creating Web.Ɛ applications, including those that use our in-house IP.
We believe our Commercialization and Venture Development modules allow us to respond quickly to market dynamics, better capitalize on business development opportunities, accelerate value and reduce overhead.
We plan to use acquisitions to develop initial revenue through robust commercialization.
Additional revenue streams are expected to derive from ventures equity, corporate project partnerships and in-house development of portfolio products.
We believe our Open-API approach ensures rapid project development and deployment.
Paid developer access
IP acquisition / partners
Roll-up of aligned companies, products and services.