With the rapid evolution of technology, there's a new term, a new concept emerging every now and then. One of those is “Web 3.0” or just “Web3”. Many some see it as the future of the internet, for others, it's just another buzzword that has come into prominence without due diligence. Billionaire tech tycoon Elon Musk appears to be siding with the second group of people. Replying to a Twitter thread recently, he said Web3 “sounds like BS”. Web3 includes the Metaverse and the blockchain technology where computer programmes run on networks of millions of computers.
Alongside this “BS” statement, Musk also said that he thought “nothing could be nuttier than ‘99”. His reference was to the dot-com boom of the late 1990s and the explosion of
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