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If blockchain enthusiasts are to be believed, Web3 will revolutionize the internet as we know it. But what is Web3, and could that really be true?

So the idea of Web3 brought by Wood is indirectly indicating that there is a massive failure of technology in the current Web 2.0.

Web3 has been a very fashionable term this year, mostly for the alt-finance cartoon characters and tech world’s ultrasophisticated twitter-thread authors. It was one of the two cheat code phrases that you could use in 2021 to bypass the critical thinking of LPs when raising your first ever fund, with the other being “metaverse”. Congrats, you now have one billion dollars to deploy because you learned the trendy words and you went to a good school, glhf.

Web3 “seems more marketing buzzword than reality right now,” Musk tweeted.

Will the metaverse trigger a restructuring of brand and agency teams?. From PR Week