https://beincrypto.com/is-web3-simply-another-fancy-name-for-vcs-to-use-instead-of-blockchain/
In an op-ed, the term "web3" was harshly criticized by John deVadoss, former managing director of Microsoft.
According to deVadoss, the term is a marketing strategy by "VC types" and adds little value to the existing term "blockchain."
Another pitfall of the term Web3 is that it relates heavily to cryptocurrencies.
