Project Summary: The Web3 ecosystem, characterized by blockchain technology, decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized applications (DApps), is rapidly reshaping industries and challenging conventional paradigms. This research proposal aims to investigate the Web3 landscape, with a primary focus on decentralized applications (DApps). By conducting an in-depth study, we aim to gain insights into the technology, development processes, challenges, and potential applications of Web3 and DApps in various domains.