Your crypto wallet is the key to your Web3 identity
Web2 identity comes down to linked email addresses and social media accounts. Now that Web3 is about to move in, here's why crypto wallets will be the new key to identification.
Although there is no model for the Web3 identity procedure, we can predict the trajectory that digital identity will follow in the metaverse. This trajectory is already taking shape.
![](https://s3.cointelegraph.com/uploads/2022-07/75a351f3-0080-4f3d-8f89-851c9bfde71d.png)
Virtually every aspect of the Internet as we know it is ripe for decentralization. Chat and messaging services are private and encrypted, browsing is incognito, and transactions occur between individual bank accounts (albeit through an intermediary) – all signs point to a user-controlled system and addressing the individual rather than the collective.
![](https://s3.cointelegraph.com/uploads/2022-07/98f65afd-a6ae-4e5e-9e2d-5f202795406e.png)
The rise of The internet isn't the first time we've seen this progression either. The radio started as a series of AM stations, gradually expanded to include FM, then developed satellite capabilities that provided universal access to a variety of stations. Web3 and the way identity works there basically correlates with satellite radio. Thus, in the history of modern communication systems, the arc leans towards decentralization.
![](https://s3.cointelegraph.com/uploads/2022-07/69d53cf0-e097-4836-b8a0-9560f2ff2931.png)
In this new space, A person's crypto wallet will be key to establishing a presence in the metaverse, whether it's serving as a gateway into games or helping them build collections of non-fungible tokens (NFTs) to allow him to do business. Crypto wallets will be connected t...
![Your crypto wallet is the key to your Web3 identity](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvMWY3M2YwMTEtZDhlOC00YjAwLTkwNjktYzJkZmUzNjdiNDdkLmpwZw==.jpg?#)
Web2 identity comes down to linked email addresses and social media accounts. Now that Web3 is about to move in, here's why crypto wallets will be the new key to identification.
Although there is no model for the Web3 identity procedure, we can predict the trajectory that digital identity will follow in the metaverse. This trajectory is already taking shape.
![](https://s3.cointelegraph.com/uploads/2022-07/75a351f3-0080-4f3d-8f89-851c9bfde71d.png)
Virtually every aspect of the Internet as we know it is ripe for decentralization. Chat and messaging services are private and encrypted, browsing is incognito, and transactions occur between individual bank accounts (albeit through an intermediary) – all signs point to a user-controlled system and addressing the individual rather than the collective.
![](https://s3.cointelegraph.com/uploads/2022-07/98f65afd-a6ae-4e5e-9e2d-5f202795406e.png)
The rise of The internet isn't the first time we've seen this progression either. The radio started as a series of AM stations, gradually expanded to include FM, then developed satellite capabilities that provided universal access to a variety of stations. Web3 and the way identity works there basically correlates with satellite radio. Thus, in the history of modern communication systems, the arc leans towards decentralization.
![](https://s3.cointelegraph.com/uploads/2022-07/69d53cf0-e097-4836-b8a0-9560f2ff2931.png)
In this new space, A person's crypto wallet will be key to establishing a presence in the metaverse, whether it's serving as a gateway into games or helping them build collections of non-fungible tokens (NFTs) to allow him to do business. Crypto wallets will be connected t...
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