“When was Web3 launched in the market?”

Web3, it represents an evolving set of technologies and ideas. The term "Web3" was popularized around 2014 by Ethereum co-founder Gavin Wood.

The idea of Web3 encompasses a vision for a decentralized internet built on blockchain technologies, smart contracts, and decentralized applications (dApps).

The evolution of Web3 continues as technologies and standards mature, with ongoing developments in blockchain, decentralized finance (DeFi), non-fungible tokens (NFTs), and more. Key milestones in the development of Web3 include:

1. Early Concepts (2014): The term "Web3" was popularized by Gavin Wood, co-founder of Ethereum, around 2014. This period marked the beginning of the formal discussion about a decentralized web.
2. Ethereum Launch (2015): Ethereum, which introduced the concept of smart contracts and decentralized applications (dApps), went live in July 2015. This was a significant milestone in the development of Web3 technologies.
3. Development and Adoption (2017-2018): The rise of initial coin offerings (ICOs) and the proliferation of blockchain projects during this period expanded the Web3 ecosystem and brought more attention to decentralized technologies.
4. Ongoing Evolution: Web3 has continued to evolve, with increasing adoption of decentralized finance (DeFi), non-fungible tokens (NFTs), and other blockchain-based applications in the subsequent years.

Web3 is characterized by ongoing advancements and the integration of new technologies, so its "launch" is more about the gradual adoption and maturation of these technologies over time rather than a specific event.

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