This was in plans since long time, project closest to achieving this was MAIDSAFE.

The token trades on exchanges since longer time and network is in early alpha for this moment.

Yet the race has begun.

Current season of amazing show Sillicon Valley - a comedy about creating unicors in the hearts of VC world - is exactly about new idea of our heroes, the decentralized internet. I dont want to put spoilers here but if you never seen this show ASAP ride by seasons 01 and 02 to land on our beloved 03 where soon i feel we will meet blockchain. Richard says:

What if we use all those phones to build a massive network? We use my compression algorithm to make everything small, efficient, move things around. And if we could do it, we could build a completely decentralized version of our current internet with no firewalls, no tolls, no government regulation, no spying. Information would be totally free in every sense of the word.

Bitcoin has already been refered in previous episodes of this show ie two examples below.

Mozilla Offers 2 Millions USD

If you have ideas on how to decentralize the web, not necessarily full product or technology but good tech background, some MVP.. You can get this big prize from Mozilla right now.

Prizes will be available for both early-stage design concepts and fully-working prototypes.

Former Princeton Sciencist Are Working!

Blockstack is an addon for browsers that will allow you browse decentralized internet using blockchain technology.
Its in the works since over 3 years and has some users already. Product is far from being finished of course.

Bitttorents Maelstrom Project

This is a torrent based browser made by Bittorrent crew. The main idea here is to be able to watch movies of listen to music live based on streaming from torrents instead of waiting for full files like its now. The full plan is to make internet working in P2P system like torrents do using their distributed technology.
It has entered even Beta but now all links disappeared and you can only download the torrent client.

Revolution is Close

Worth to note that despite cryptocurrencies we already have decentralized blogging platform on our very own STEEM, decentralized exchange on Bitshares, decentralized file storages on SiaCoin/Storj, Ethereum based projects, IOTA and loads more.
So with all things moving this way and big companies working on our security and privacy protection we can assume soon we shall see some decentralized versions of internet that will be blockchain based and fully encrypted.
Until then we have to just watch mentioned projects and have weekly fun with Sillicon Valley tv show.

Im sure there may be more projects targetting decentralized internet - but this are the ones i`ve choosen for the article. Feel free to leave other names that you know of in comments.

Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!