Had the "knotted rope" moment with the term "Web3" the other day, came across about 6 different uses of the word in a 2 hour period; and every one was someone who was (being charitable) fully bought into and enthused about "cryptoeconomy".
They seemed to be using the term to mean "the web, but fully monetized on an NFT-like basis" but in some way that seemed to denote an ideological significance on par with the concept of the Trinity.
If I heard either term being used like this at a conference, I'd be wary of the kool aid.
I thoroughly enjoy mocking Web 3.0 for its particularly lame naming device, seeing as it's being borrowed from a failed attempt to utilize Web 3.0 a decade ago in relation to the Semantic Web. It's quite fitting that the clown show chose that name, again.
They seemed to be using the term to mean "the web, but fully monetized on an NFT-like basis" but in some way that seemed to denote an ideological significance on par with the concept of the Trinity.
If I heard either term being used like this at a conference, I'd be wary of the kool aid.