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I'm very curious where the current hype for a Web 3.0 originated from. One thing I notice among the crypto circle is how lock step all the hype building and ta

by dagmx 5y ago

I'm very curious where the current hype for a Web 3.0 originated from. One thing I notice among the crypto circle is how lock step all the hype building and talking points are. Within the last few weeks, all the people I personally know who are crytpo fans are suddenly talking about web 3.0 when they've had no interest in web technologies prior. Is there a prominent set of influencers who recently published some content regarding it? The hype seems to have come out of seemingly nowhere, though largely on the tails of Meta's recent presentation. It just seems really odd that so many people are saying the same things so suddenly without any concrete technology advancement backing it up.

timdaub 5y ago
Interesting observation. I can second your sentiment. For my project, we've recently had a huge push through Google [1]. And I can't remember making substantial changes that would explain this phenomenon. I don't know why this happened, but I've also heard it from other projects too. But generally, I tend to think that it's always difficult to make out a causation for e.g. hype. Definitely FB renaming to Meta gave lots of mainstream credibility to an otherwise kinda-fringe space. But I don't know. - 1: https://plausible.io/rugpullindex.com?period=6mo&source=Google https://plausible.io/rugpullindex.com?period=6mo&source=Goog...
YXNjaGVyZWdlbgo 5y ago
It's mostly a term for "people in the space" if you look at twitter discussions about crypto and web3 you get a lot of answers like "You don't understand it because you are not in the space. It's for web3 people." It's an easy way out of a discussion as it was with web2.0 in the beginning further ramping up the FOMO for "normies". Some weeks ago a lot of Twitch streamers got sponsorships for nft-marketplaces like https://eternal.gg/ https://eternal.gg/ the biggest talking points they gave creators to handle backlash was "the future of the web, web3" and that "it's for people in the space". Have a look at /r/livestreamfail on reddit and search for nfts or crypto and you will find a lot of videos of creators defending their decision to offer nfts with "web3".
- gilmore606 5y ago
  I encourage everyone to click through that eternal.gg link and go see for yourself the future these people are trying to build.
  - pennaMan 5y ago
    A future where content creators have alternatives to monopolies like google amazon and facebook and most importantly the advertising cabal for revenue? Yes please, build more of that future.
montalbano 5y ago
The term has frequently featured in Ethereum docs for quite a few years now. Not sure if that's where it originated from, but that's where I first came across it.
echelon 5y ago
This is web 4.0, if anything. Web 3.0 already happened with semantics, microformats, etc. The fact that there are API-like tools to query documents for certain info is because of Semantic Web. Just because you aren't familiar doesn't mean we didn't learn an immense amount. Triple and graph stores are a thing because of it. Don't trample web 3.0.
rvz 5y ago
> I'm very curious where the current hype for a Web 3.0 originated from. It is from the crypto fans. Mostly from several web3 related blockchain projects and they all have invested in Ethereum after missing Bitcoin, so they need to hype something else. Before it was ICOs, then DAOs, DeFi, NFTs and now it is Web3. The hype is just amplified as the price and euphoria keeps climbing which is why you see lots of these people screaming Web3 because they have already invested in those projects and creating FOMO around it, by bringing in more influencers on board; hence the urgency that the author of the article detests. Right now, the fundamentals in several blockchain projects are not suitable for web3 to scale to what is advertised by the crypto fans. It's clear that it needs more time to mature.
hackingforfun 5y ago
Could be something with Meta. Metaverse crypto tokens also have likely been rallying due to that, and maybe that helped spread the word about Web3. Web3 isn't new though. Here is an article from Coinbase from 2018 on it: https://blog.coinbase.com/understanding-web-3-a-user-controlled-internet-a39c21cf83f3?gi=b0ba17f82938 https://blog.coinbase.com/understanding-web-3-a-user-control...

by dagmx 5y ago

timdaub 5y ago

Interesting observation. I can second your sentiment. For my project, we've recently had a huge push through Google [1]. And I can't remember making substantial changes that would explain this phenomenon. I don't know why this happened, but I've also heard it from other projects too. But generally, I tend to think that it's always difficult to make out a causation for e.g. hype. Definitely FB renaming to Meta gave lots of mainstream credibility to an otherwise kinda-fringe space. But I don't know. - 1: https://plausible.io/rugpullindex.com?period=6mo&source=Google https://plausible.io/rugpullindex.com?period=6mo&source=Goog...

YXNjaGVyZWdlbgo 5y ago

It's mostly a term for "people in the space" if you look at twitter discussions about crypto and web3 you get a lot of answers like "You don't understand it because you are not in the space. It's for web3 people." It's an easy way out of a discussion as it was with web2.0 in the beginning further ramping up the FOMO for "normies". Some weeks ago a lot of Twitch streamers got sponsorships for nft-marketplaces like https://eternal.gg/ https://eternal.gg/ the biggest talking points they gave creators to handle backlash was "the future of the web, web3" and that "it's for people in the space". Have a look at /r/livestreamfail on reddit and search for nfts or crypto and you will find a lot of videos of creators defending their decision to offer nfts with "web3".

gilmore606 5y ago
I encourage everyone to click through that eternal.gg link and go see for yourself the future these people are trying to build.
- pennaMan 5y ago
  A future where content creators have alternatives to monopolies like google amazon and facebook and most importantly the advertising cabal for revenue? Yes please, build more of that future.

montalbano 5y ago

The term has frequently featured in Ethereum docs for quite a few years now. Not sure if that's where it originated from, but that's where I first came across it.

echelon 5y ago

This is web 4.0, if anything. Web 3.0 already happened with semantics, microformats, etc. The fact that there are API-like tools to query documents for certain info is because of Semantic Web. Just because you aren't familiar doesn't mean we didn't learn an immense amount. Triple and graph stores are a thing because of it. Don't trample web 3.0.

rvz 5y ago

> I'm very curious where the current hype for a Web 3.0 originated from. It is from the crypto fans. Mostly from several web3 related blockchain projects and they all have invested in Ethereum after missing Bitcoin, so they need to hype something else. Before it was ICOs, then DAOs, DeFi, NFTs and now it is Web3. The hype is just amplified as the price and euphoria keeps climbing which is why you see lots of these people screaming Web3 because they have already invested in those projects and creating FOMO around it, by bringing in more influencers on board; hence the urgency that the author of the article detests. Right now, the fundamentals in several blockchain projects are not suitable for web3 to scale to what is advertised by the crypto fans. It's clear that it needs more time to mature.

hackingforfun 5y ago

Could be something with Meta. Metaverse crypto tokens also have likely been rallying due to that, and maybe that helped spread the word about Web3. Web3 isn't new though. Here is an article from Coinbase from 2018 on it: https://blog.coinbase.com/understanding-web-3-a-user-controlled-internet-a39c21cf83f3?gi=b0ba17f82938 https://blog.coinbase.com/understanding-web-3-a-user-control...