I’m sorry, but all that cryptocurrency/pseudo-DeFi shit didn’t sustain long enough to deserve the title #Web3. It is all drowning slowly in a pit of its own bullshit.
IMHO, what will be seen historically as the 3rd major trend in how the web operates is the ongoing retreat from broad openness. Once upon a time, the Web used HTML and the dominant coding style emphasized readability by humans. After the corporatization & consolidation of #web2 that had to be ‘fixed’ and we are seeing it now.