As a side note, I find it really interesting and a bit disheartening to follow the history of “web 3”. The original “web 3” was a beautiful vision including the semantic web and its cousins. The term was hijacked by cryptobros through what could have been a genuine or malicious misunderstanding of the original web 3

There's a general phenomenon where terms get annexed, not by meaning that makes most sense, but by meaning that is most salient, most eye catching or emotionally riveting. This leads to Flanderization of many many important cultural concepts.

I fear this is the reason why intellectual discourse seems to have stagnated. We no longer pursue the spirit of important ideas but try to endlessly put them in uninteresting boxes.

Weird. The first time I came across "web3" was as an interface with Ethereum nodes. This is my first time hearing about the term ever having an earlier meaning.