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What is Web 3.0? (lemmy.ml)

submitted 1 month ago* (last edited 1 month ago) by [email protected] to c/[email protected]

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For context, I heard the term "Web 3.0" be used for the first time for everything being put on the blockchain. Then, it reminded me of a post on Mastodon saying that the fediverse is Web 3.0. After that I looked it up on the internet, and the definition included A.I. with crypto.

So I'm wondering, what is actually Web 3.0? What does it mean to you? Or maybe is Web 3.0 just another attempt at making investors pay up?

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[–] [email protected] 36 points 1 month ago (2 children)

One of the most distinguishing features of "web3" is the sheer level of handwaviness surrounding it. While you can find no end of press releases, crypto evangelists on Twitter, and venture capitalists extolling the virtues of web3, you will have a much harder time finding any definition that's not so full of buzzwords that it becomes meaningless. That's because "web3" is first and foremost a marketing term.

https://www.web3isgoinggreat.com/what

[–] [email protected] 5 points 1 month ago* (last edited 1 month ago) (1 children)

You're almost there, but not quite. Web 3.0 utilizes the latest in dismount tech, effectively smartenizing the turnrolls of the planet's greatest minds, and capsizing the status point of the giant elf companies that squeeze the enrichment of the NAaS pools that all savvy consumers would thrift towards. By incentivizing the output of polarific content, the margins in the ACK requests are distributed into reproducible hedge mazes that are tanked to the fill with brill chum.

[–] [email protected] 4 points 1 month ago* (last edited 1 month ago)

Not a single mention of "blockchain", "decentralization", "DeFi", "dApps", "NFTs", DAOs", or "aping in" because "WAGMI". I am disappointment.