The term used to describe the new crypto-based web economy that runs on Ethereum-compatible wallet sign-ins like MetaMask, along with crypto payments, NFTs and metaverse functionality. Basically, everything the web would have been had Mark Zuckerberg been prosecuted or at least thrown out of school for violating the privacy of the girls in his university instead of being allowed to run rampant over the entire world’s personal data.

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“Did that web-site just ask for a username and password? How 90s. I value my privacy and only interact with web3 sites where I can trustlessly sign with Meta Mask.”

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