Oh no, the execution thus far has been horrible. You are alluding to blockchain are you? When i look at the website you post i see absolutely nothing that i even recognize as web3 its all cryptostuff.

I don’t get why everybody is so hell-bend on blockchain based internet. Its like people don’t get the point of “user owned” and are expecting companies to build a better internet for them without serving their own interests. No, we are going to need to do this ourselves, self host our own data and services, open source everything.

Lemmy and the fediverse are the closest i have seen to being proto web 3 in spirit and there are also still far from perfect.