this post was submitted on 12 Jun 2023
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I think this decentralization and federation is what web3 is all about, without all the corporations calling everything to do with monkey pixel art that costs a million dollars "web3"

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[โ€“] HakFoo@lemmy.sdf.org 29 points 1 year ago

The web3 that can be named is not the true web3, or something like that.

The "branded" Web3 was about "how do we create the third Web BUBBLE" more than "how do we create the third Web experience." The people who missed buying AOL shares in 1996 or Amazon in 2002 wanted their chance to get in on speculation, except without the utility of an actual service or product underneath the hype.