The Milken Institute explores a discussion on decentralizing data and Web 3.0. The Internet—decentralized and commercialized—embodies the Web 3.0 paradigm of cryptocurrencies, NFTs, blockchains, smart contracts, and DeFi. Featuring remarks by leaders bringing data from the real world into the metaverse, we will ask: How do we promote an innovative digital reality while addressing real world challenges? How can blockchain aid in achieving the UN Sustainable Development Goals (SDGs)? And are there any blind spots we can anticipate in building the architecture of the next generation of the Internet?