My Top Web 3.0 Stocks to Buy and Hold in 2022

Web 3.0 -- or a third generation of the internet -- is a concept popularized by venture capital firm Andreessen Horowitz to encompass the next wave of internet innovations. The idea starts with a currency that's digital, transferable around the world in an instant, and smart. In other words, cryptocurrency. But it also unlocks creators who have long needed intermediaries or aggregators to reach customers.

It's hard to argue that the current internet (web 2.0) isn't currently dominated by Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), which owns Google and YouTube, Meta (NASDAQ: FB) with its ownership of Facebook and Instagram, and retail and cloud giant Amazon (NASDAQ: AMZN). If they want to reach friends or customers on the internet or monetize your products, businesses and individual creators will probably interact with one of these companies. web 3.0's stated intention (whether you believe it or not) is to put power back into the power of creators and connect them directly with a community and users. I think of this as more of an evolution of the internet -- but a few companies are built to create the tools and infrastructure to let web 3.0 thrive. Twitter (NYSE: TWTR), Apple (NASDAQ: AAPL), and Coinbase (NASDAQ: COIN) will lead the way.