When the market begins to trend upwards, the new website, Web3, continues to expand, incorporating new elements as it gradually reaches full functionality. As market participants can imagine, this process involves endless speculation about what the end product will look like, along with other intriguing topics.
Those in the cryptocurrency market have been considering the Web3 market trend, and a verdict has been reached. Initial signs indicate that it will combine elements of AI, the metaverse, and blockchain, all unique concepts in the early stages of development.
Despite the uncertainties surrounding these fundamental discoveries, institutional and private investors are eagerly seeking out the perfect projects.
Web3 developers are ushering in a new era of codeless technology
What will this new era look like? The structured approach of Forward deserves serious consideration for many reasons, the most important being its potential for a sustainable and profitable business model.
Forward is dubbed the “WordPress of Web3” because it develops a blockchain application toolkit without code similar to WordPress’s user-friendly environment. However, it retains key features serving the expected user base for the Web3 market as it develops.
One might ask, what does a “Web3 WordPress” demand? WordPress garnered attention when it became a suitable solution for private bloggers to host their websites on the internet, and it has remained unchanged since. Despite the limitations of web design environments, it has grown into a market valued at 3/4 trillion dollars.
In Forward, this eliminates the technological, financial, and knowledge barriers that previously limited the participation and innovation of Web3. Forward’s approach attempts to change that by making blockchain technology as easy to use as Web2, as WordPress has done.
While WordPress uses its popular plugins, Forward likes the model developed for Web3 with dApp templates (front-end, admin panel, and smart contract), making both systems an optimal plug-and-play tool.
The future of Web3 with WordPress is threatened
The WordPress ecosystem generated $636 billion in 2021, up from $596.7 billion in 2020. Currently, it controls about 65.1% of the CMS market share and operates about 43.4% of all active websites.
As the Web3 space grows, equivalent CMSs are necessary to fill the remaining void, and Forward is well-positioned to assert its dominance in this regard. In addition to facilitating the global transition to Web3 for businesses, it also provides multiple blockchain infrastructures (blockchain deployment and subnets) as an unlimited platform to support dApps.
The market is ready for easy tasks as it develops. What about it? Based on the popular template solution model provided by WordPress, Forward offers a unique opportunity to establish market dominance with decentralized application (dApp) templates that allow users to deploy blockchain applications without technical or coding expertise.
As of now, the model has been proven. Some international organizations and news agencies use WordPress, such as the White House, Vogue, Walt Disney Company, BBC America, Facebook Newsroom, TIME Magazine, Zoom, Tech Crunch, Sony Music, Spotify Newsroom, and Samsung News.
Although Forward’s model shares significant similarities with WordPress-based solutions, it is suited to the developing Web3 space for many reasons. While these similarities provide a positive outlook, the differences provide a clearer assessment of Forward’s potential in developing the “new web.”
In the context of ongoing developments and increasing speculation, advanced innovations that provide unique solutions based on established systems and adaptable capabilities should be carefully considered.
