Web3 Foundation

The Web3 Foundation is a nonprofit organization dedicated to developing and promoting decentralized internet technologies, primarily focusing on "Web3" — a future web built on blockchain and peer-to-peer systems. Its goal is to create a more open, user-controlled online environment by supporting projects like Polkadot, which enable different blockchains to connect and work together securely. The foundation funds research, development, and community initiatives to advance these technologies, aiming for greater privacy, security, and user ownership of data in the digital space.