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It depends on what your definition of web 3.0 is. To me, web 3.0 means ownership of your own digital funds/goods (instead of a third-party entity holding your funds/goods). In that case, Reserve is indeed working on web 3.0. We expect to launch all user transactions on-chain somewhere in 2022. This means that Reserve no longer holds user funds, but instead the users hold it themselves.

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