WEB2 - THE PLATFORM ECONOMY - FRONT END REVOLUTION

Web2, also known as the "platform web," was the second generation of the World Wide Web. During this time, the internet became more interactive and dynamic, with the rise of social media, mobile devices, and web applications. Web2 also gave rise to the platform economy, where companies and developers could build and deploy software applications on top of existing platforms. One of the key features of Web2 was the front-end revolution, which transformed the way we interact with web applications.

Here are some key values that were programmed into the platform economy during the Web2 era:

1. User experience: One of the core values of the platform economy is user experience. With the rise of front-end frameworks and technologies like AJAX, web applications became more interactive and responsive, providing a smoother and more seamless user experience. This value was programmed into the platform economy by prioritizing user-centered design and creating intuitive and user-friendly interfaces.

2. Scalability: Another value that was important during the Web2 era was scalability. As the number of web applications and users grew, it became increasingly important for platforms to be able to scale and handle large volumes of traffic. This value was programmed into the platform economy by developing scalable architectures and distributed systems, such as cloud computing and microservices.

3. Innovation and collaboration: Finally, the platform economy is built on innovation and collaboration. Web2 made it possible for developers to build and deploy web applications more easily, creating new opportunities for innovation and growth. This value was programmed into the platform economy by creating platforms and ecosystems that fostered collaboration and innovation, such as open-source software and developer communities.

Key takeaways:

• Web2 was the second generation of the World Wide Web, and it gave rise to the platform economy.

• Key values that were programmed into the platform economy during the Web2 era include user experience, scalability, and innovation and collaboration.

• These values have helped to shape the way we interact with web applications, and have created new opportunities for innovation and growth in the digital economy.

Read More: WEB3 - THE TOKEN ECONOMY - BACKEND REVOLUTION

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