Why Is Web 3 Heavily Dependent On Communities? Ankur answers by stating the human need to socialise by forming communities. Communities in Web3 is not a new concept as existing Web2 platforms too have communities. Though In Web 3, economic elements makes it essential to being a part of community. Scriblooooor adds to this by stating examples of Airbnb and instagram who are active with their host community meet-up and creator’s engagement. He states that the key difference between the communities in Web3 and Web2 is ownership of asset is with the user and not the platform. To put in simple words, communities in Web3 is equivalent to Amul, a jointly owned co-operative where the owners are the dairy farmers who hires the services like marketing.