A Web3 development company focuses on creating decentralized applications and platforms that are powered by blockchain and Web3 technologies. Web3 enables users to control their own data, assets, and identities without relying on centralized authorities. These companies provide services such as decentralized finance (DeFi), smart contracts, token development, and NFT integration. Their expertise helps businesses transition from Web2 to Web3, ensuring they benefit from a more secure, user-centric, and transparent online experience.