this post was submitted on 18 Aug 2023
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A key feature of NFTs has completely broken / Web3 was supposed to make sure the original artist always got paid. Not so much anymore. (www.theverge.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 5 points 1 year ago

There actually is a Web 3.0, and it predates the cryptocurrency-oriented conceptualisation of "Web3" by quite some time.

Web 3.0 is otherwise known as the Semantic Web, a set of standards developed by the W3C for formally representing (meta)data and relationships between entities on the internet, and for facilitating the machine-reading and exchange thereof.