this post was submitted on 18 Aug 2023
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A key feature of NFTs has completely broken / Web3 was supposed to make sure the original artist always got paid. Not so much anymore. (www.theverge.com)
submitted 1 year ago by 2tone@lemmy.world to c/technology@lemmy.world
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[–] CarlsIII@kbin.social 9 points 1 year ago* (last edited 1 year ago) (1 children)

Even the name “web3” is stupid. Isn’t it supposed to be the next step after “web 2.0?” Shouldn’t it then be “web 3.0?” They couldn’t even include a space between web and 3!

[–] FriendlyBeagleDog@lemmy.blahaj.zone 5 points 1 year ago

There actually is a Web 3.0, and it predates the cryptocurrency-oriented conceptualisation of "Web3" by quite some time.

Web 3.0 is otherwise known as the Semantic Web, a set of standards developed by the W3C for formally representing (meta)data and relationships between entities on the internet, and for facilitating the machine-reading and exchange thereof.