This is why I think it's somewhat of a misnomer to call it web3. I think what these efforts are trying to do is less about changing the internet and more about

This is why I think it's somewhat of a misnomer to call it web3. I think what these efforts are trying to do is less about changing the internet and more about changing government. NFTs are trying to change registration of copyright, DAOs for registration of companies, cryptocurrencies for registration of currencies, so on and so forth. Heck, even some are talking of crypto nations, which seem to want to replace/compete with/ complement nation-states directly. So I see most of this stuff as trying to change governance without directly admitting it.