Is web 3 a misunderstanding word for some gambling crypto projects? I've come across few gambling / crypto projects that claimed to be a web 3.0 online casino and other but they still ask for KYC.
The definition of web 3.0 had everything to do with decentralization, block chain technology and token based economics as per what Wikipedia illustrated so why is identity/ verification integrated?
Is this just a misunderstanding of what web 3 actually is? Or it's a way to attract people/users to make them think that their platform is more advanced?.
It's better just to ignore these shallow buzzwords as they are meaningless tech garbage usually produced as a means for some new entrepreneur to sell the latest hyped up product to an investor. It appeals to people who want to be at the cutting edge, the latest and greatest, but is often far from an original idea. The internet is always evolving, new ideas pop up, decentralization takes a step forward, web standards improve, security is enhanced - it's all incremental rather than these huge leaps that such a phrase would suggest. You might also have hundreds, thousands, even millions of people out there who would all give different definitions of what they think it means, which in reality makes it a pointless term to use.