It’s hilarious how a bunch of “investors” put together some money, invented a whole corpus of fictional vocabulary to replace existing concepts, slapped a web 3 label on it and voila - the most profitable global scam is born.
Yeah I've been playing around with decentralized apps and it's pretty unimpressive so far. Still people are dumping a lot of money into the concept. It's interesting to watch I guess.
While there are legitimate scams in the space, calling the entire effort a scam is overgeneralized.