This is 2022, an era of digitization and with this, there has been rapid technological and virtual advancements. The world has risen above the World Wide Web (WWW) as it witnessed the emergence of Web 3.0. For starters, Web 3.0, in simplest terms, could be defined as an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralisation, blockchain technologies, and token-based economics. Web 3.0, Cryptocurrency, Metaverse, Blockchain and NFTs are not mere buzzwords but as per a report launched last year in December, Web 3.0 and blockchain can add a staggering $1.1 trillion