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Musk commented on web3: Not real, more like marketing terminology

On December 20, Musk tweeted that Web3 seems to be just a marketing term at this stage, "just curious about what the future will look like in 10, 20 or even 30 years." 2051 sounds like crazy futurism. ”

Musk commented on web3: Not real, more like marketing terminology

Earlier, Musk shared a video of an early internet vs. Web3 on Twitter.

The video quotes an early Bill Gates description and outlook on the internet that wasn't yet formed on a talk show, and host David Letterman even said it was unbelievable to listen to a baseball game on a computer.

The video creator commented, "It reminds me of what I explained to people in my twenties what the internet is, and the same thing is happening on Web3." ”

Musk commented on web3: Not real, more like marketing terminology

Musk commented on the video, "What will the future look like if it is so unimaginable now?" ”

However, Musk then tweeted, "I'm not implying that Web3 is real, at least for now, Web3 is more of a marketing term." It's just curious what the future looks like in 10, 20 or even 30 years. 2051 sounds like crazy futurism. ”

Web3 was named one of the tech buzzwords of the year by Reuters, including metaversities and NFTs (non-homogeneous tokens). Reuters noted that Web3 was used to describe the next phase of the Internet: a "decentralized" Internet that runs on "blockchain" technology. In this model, users will have ownership of the platform and applications, which will be different from today's internet, known as Web2.

This isn't the first time Musk has published his doubts about Web3.

As recently as December 4, Musk shared the comic strip "Urinal Etiquette" on Twitter to mock Web3. The cartoon shows a man entering the men's restroom and walking through several unused urinals, clinging to strangers, promoting him to digital currencies and Web3, among others.

Musk commented on web3: Not real, more like marketing terminology

According to foreign media reports, many people agree with Musk's attitude towards Web3, after all, Web3 is still in its infancy. Web3 proponents believe that Web3 can already be seen in decentralized finance, decentralized organizations, and non-homogeneous tokens. U.S. crowdfunding site Kickstarter and chat software Discord have even started building Web3 businesses despite user objections.

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