What is a Web3 Application?
Web3 applications are independent applications that can be built through a layer 1 protocol like Lisk.
There are many functionalities and features that can be created as web3 apps and though they still rely on the mainnet, they are not fully dependent on them. Beyond that, web3 applications work with sidechain technology making them more prepared for a future in which interoperability is functionally applicable. This approach gives them the chance to communicate with the layer 1 segment of the chain and other applications within a particular ecosystem.
How to Build a Web3 Application
Examples of Web3 Applications
- Bazar: This web3 app is focused on the tokenization of commodities like food products. Using Bazar, collaborating partners in the supply chain can ensure that deals are made fairly, and that products are handled correctly and come from legitimate sources.
- Colecti: This NFT marketplaces gives Lisk users the chance to buy, sell, and trade digital art within the Lisk ecosystem. As a web3 application it acts as the central space for Lisk NFT enthusiasts.
- KalipoDAO: Decision making is a key part of the blockchain revolution. Kalipo focuses on giving people better access to DAOs through their web3 application. Through Kalipo, users can build relationships and come to agreements in a fair and transparent way.
There are many other web3 apps in the Lisk ecosystem with a variety of use cases.