I'll give you a serious answer. Certainly web3 is used by lots of different people to mean lots of different things. And many of those people are there to scam

I'll give you a serious answer. Certainly web3 is used by lots of different people to mean lots of different things. And many of those people are there to scam. Part of web3 are DAOs, corporate entities with both a legal presence as well as a presence on a public blockchain system of record. The DAO is an organization where people perform work in the context of workflows and incentives. The workflows and incentives are called a protocol. The protocol is implemented in code, and the record of activities are on the blockchain. Governance of the protocol occurs in the non-blockchain legal organization. There are many entities- many non-profits and public service entities, passive management entities like real estate management, many others- that in the future could be much more fairly, sustainably, and transparently operated as DAOs. Much- very much- has to be done still, of course. But I am confident that in 10-20 years participation in DAOs will be common and a net benefit to society. Cheers.