Why "web3" is ngmi https://i.imgur.com/9ld1bvW.png

Head of @zksync era, venture partner @latticefund, co-founder chainstory.xyz & writer karthikoncrypto.xyz, FID 681

I don’t really get the leap from “we need great products” (agree) to “web3 is a bad term”. Web2 added to web1 and was useful term for describing and accelerating of a nascent movement.

Crypto/web3. Author of Read Write Own

readwriteown.com

Chris - thanks! If the term web3 ends up meaning "being additive to web2", i'm all for that.

Unf web3 has devolved into a divisive "us vs them", "centralized vs decentralized" term. I don't remember there being "web2" builders or investors.

Less branding & more user-focus is 🔑

There were web2 founders, investors, conferences etc. Random example from Google search https://www.oreilly.com/pub/a/web2/archive/what-is-web-20.html

I stand corrected -- but I don't remember there being nearly as much labeling, proselytizing or sheer amount of capital specifically devoted to "web2" back then.

In any event, I do agree with you that web3 (if used correctly) can be a net-positive for our nascent ecosystem. lfg.

For sure.

That being said, crypto, which effectively lives at the intersection of religion (eg maxis) and money, plays a huge role in how much attention it generates. Older nascent tech just didn't resonate with raw human emotion/desire in the same way crypto does.

I think emerging tech just got a lot less attention back then.