Have no idea what it is about, other than being decentralised. Some basic search results suggests that its a sham, scam and riddled with crypto ideas. Or is it apart of something noteworthy? Geuinly curious what the general consensus is of the Web3.
Basically, it’s a buzzword and anything it’s attached to is pretty much a scam
Web3 is a marketing term for Web2 sites that usually involve crypto/decentralized crypto-driven “metaverses”.
Web4 was employed by Meta/Facebook as a marketing to their “metaverse”.
Web 3.0 is a real term meaning an evolution of Internet oriented at establishing a universal framework for machines to easily process Web data, while keeping it fully human-readable.
It’s a marketing term. It means nothing. It was invented to sell scams. Just like Web 2.0, nothing changes in the underlying tech stack or the technical capabilities of the infrastructure. Unlike web 2.0 which was coined post-hoc to describe a qualitative change in the way the web was being used, web 3.0 was invented as a copycat term. A gimmick to create the illusion of technological progress.
