The run-up to 2022 has turned out to be a busy one for a few tech geeks and investors. No, they weren’t predicting the number of new unicorns that will be created in the new year or discussing new ideas to invest in.

Instead, they were sparring online over what’s seen as the third iteration of the Internet — Web3. Twitter founder Jack Dorsey was quite blunt in his comment about the ostensibly more democratized version of Web2.