'Has anyone seen Web3?' Elon Musk, Jack Dorsey mock tech's latest buzzword1 min read 21 Dec 2021, 10:35 PM IST
Web3, a vague term for a utopian version of the internet that is decentralized, is based on digital record-keeping technology blockchain, which also drives the platforms running cryptocurrencies such as bitcoin and ether.
Billionaires Elon Musk and Jack Dorsey dismissed the so-called Web3 and criticized the involvement of venture capital firms such as Andreessen Horowitz in building out what some have called the next phase of the internet.
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