| Web 3 has been defined as all kinds of nonsense for the last 15 years. The first time I heard this was the semantic web and almost immediately business tried to redefine that term to some conglomeration of social media and advertising. Crypto isn't even decentralized, its distributed, which is the source of the sham. Web X.whatever is not about content. Its not even about technology. That is why term has failed to stick each and every time. Business people looking to drum up VC need something like this because a simple catch phrase is easier to sell than a concept they have no hope of understanding or explaining. Do you remember what Web2.0 was? Yes, this was a real concept, and yes it did succeed and proliferate. In short, Web2.0 was use of asynchronous HTTP requests from pages. At that time the technology was just XMLHttpRequest (XHR), but it wasn't about the technology. It was about what you did with it. If you cannot remember back to writing code for the front end web back to 2005-2007 when this first became a thing I don't expect this to make any sense to you because you have no context. Back then the web was a series of HTML forms and/or static pages. That's it. Content could not change and information could not be submitted without loading a new page. XHR radically changed the experience and how users interfaced with data and how data providers interfaced with users. That change to the business experience was Web2.0. Back then it was a massive improvement, but then you also didn't have the world's largest frameworks to make it so slow and unoriginal. If people want the Web3.0 moniker to stick to something then apply to something that radically changes how the user perceives the web. Crypto is not and will never be that thing. If VCs lack so much empathy they are bound for losses by shams and cons. One example of what a Web3.0 could be is a streaming experience where pages load in less than 0.5 seconds (with full state management) and transmit/receive updates in near real time such that you only need a delay spinner for the extreme edge cases. |