What is the General Consensus of Web3?

Have no idea what it is about, other than being decentralised. Some basic search results suggests that its a sham, scam and riddled with crypto ideas. Or is it apart of something noteworthy? Geuinly curious what the general consensus is of the Web3.

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@theywilleatthestars
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23•23 days ago
It was usually treated as synonymous with NFTs/cryptocurrency/the metaverse and only soulless investor types liked those things so they all went bust
- Alice
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  1•23 days ago
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