Web3 is a new frontier of internet architecture emphasizing decentralization and user control. This text for MBA students and industry professionals explores key Web3 concepts, starting from foundational principles and moving to advanced topics like blockchain, smart contracts, tokenomics, and DeFi. The book takes a clear, practical approach to demystify the tech behind NFTs and DAOs as well as the complex regulatory landscape. It confronts challenges of blockchain scalability, a barrier to mainstream adoption of this transformative technology, and examines smart contracts and the growing ecosystem leveraging their potential. The book also explains the nuances of tokenomics, a vital element underpinning Web3's new economic model. This book is ideal for readers seeking to stay on top of emerging trends in the digital economy.

‘This book is a comprehensive yet remarkably accessible guide to the intricate world of Web3. Designed to be understood by readers at all levels, it provides clear and thorough explanations of complex topics. Whether you're a novice or an expert in the field, this book is a pivotal resource for navigating the decentralized future of the internet.'

Christopher A. Smith - author of Privacy Pandemic and Founder of DFend

‘This book is an excellent and comprehensive overview of Web3, its foundation, and potential. Very readable and non-technical, it provides students, policymakers, and the intellectually curious a solid basis for understanding Web3. It touches on use cases in risks and regulatory issues and is a very sound grounding for all who want to understand the next iteration of the Internet – Web3, the Internet of Value.'

Jane Thomason - Founder and CEO of the Web3 Institute

‘As an educator at the forefront of financial technological advances in Singapore, it is a pleasure to endorse the work of Ken Huang and his team of esteemed co-authors from Harvard, Yale, and New York University. In this comprehensive guide, the authors successfully strike a balance between in-depth technical insight and accessible explanation. The careful attention to key areas such as blockchain, decentralized finance, NFTs, DAOs, and the intersection of AI with Web3 showcases their expert grasp of these revolutionary concepts. The book's value for MBA students, university scholars, and anyone interested in this rapidly evolving field is undeniable. I highly recommend Web3: Blockchain, the New Economy, and the Self-Sovereign Internet to anyone looking to grasp the fundamental principles and transformative potential of Web3 and related technologies.'

David Lee Kuo Chuen - Professor at the Singapore University of Social Sciences and Vice President of the Economic Society of Singapore

‘If you seek to understand the fascinating realm of Web3, blockchain technology, Tokenomics, NFT, and decentralized autonomous organizations, this book is a must-read. It deciphers complex concepts and provides a thorough understanding of the revolutionary Web3 architecture.'

Jyoti Ponnapalli - SVP | Head of Innovation Strategy & Research of the Trust Bank and former Director of Blockchain/DLT Technology Strategy at DTCC

‘I had the privilege of reading an early draft of this book and had the honor of performing the initial copyediting under a grant from Harvard University. I was impressed by the book's readability and the depth of its coverage of Web3's impact on the economy and the next generation of the internet. I wholeheartedly recommend this book.'

Grace Huang - Project Manager at PIMCO Investment Management Company

‘A comprehensive exploration of DAOs, NFTs, DeFi, and more that dives into the heart of the Web3 revolution. This book balances technical details with big-picture insights, making it a valuable resource for anyone interested in the future of the Internet and digital economics.'

Henry Wang - Founder and CEO of SmartMesh and Founder and President of the International Blockchain Application Federation (IBAF)

‘This book covers the complex underpinnings of the emerging new economy leveraging Web3, blockchain, and self-sovereignty. The authors offer a comprehensive overview of these complex technologies which would satisfy the most avid practitioners.'

Yannis Kalfoglou - seasoned Web3 and AI expert, former BP, former Samsung AI strategist