> Web3 has a model of financial sustainability, but they've yet to come up with any other decentralized software that lots of people want to use In as much as

> Web3 has a model of financial sustainability, but they've yet to come up with any other decentralized software that lots of people want to use In as much as any vague buzzword can have meaning, Web3's chief innovation seems to be creating a model of software that actively repulses a whole lot of people, e.g. play-to-earn video games where the financial incentive turned a fun and enjoyable leisure activity enjoyed by millions (i.e. video games) into a combination of a joyless job that pays less-than-minimum wage, digital feudalism, and a pyramid scheme. These kinds of financial incentives have a habit of driving out non-financial incentives, and the latter tend to be what makes online communities any good, so it shouldn't surprise you to learn there's lots of animosity to web3 stuff in a lot of mastodon/fediverse-type communities.