The web is fraught with scams because it's grown to the point now where the only remaining ways of making next-level Internet money on the web are to resort to wildly complex and unethical tactics and/or deception to get attention, to fake success, or to spend a lot of money to gain attention. Social media is also not accurate in it's portrayals of potential for many because they simply are too big to allow users to succeed or even to be organically visible now.

Something like NFTs, which are totally worthless digital files in real life, are marketed as "valuable goods", and it's literally insanity... Trust me, I've seen plenty of pitches even when I didn't want to on social media... Non stop. If you lose your wallet your money is gone? No FDIC protections? Good luck waiting for government to catch up on proper regulations.

Even if this poorly though out pyramid scheme of branding the online greed heist as "Web 3" succeeds, it will be short lived once the rich cash out, and all that will be left is a totally broken internet with no commerce flowing through it, and the value of real world products and services will be severely corrupted by it all. Everyone will suffer for it, from the rich that get literally mugged on streets by the disenfranchised to the disenfranchised that spend years trying to find success with their last dollar.

The solution is to stop supporting platforms that are peddling this phony pyramid scheme, and to reinvest in keeping the Internet open, and to stop money and influence from changing how the Internet worked 5 years ago, but even if you don't change this terrible course, you'll suffer too when you realize that everything has been dumbed down or made overly-complex on the Internet and function and utility have been corrupted to get you to pay for upgrades each month...

Internet-based business had been making record breaking profits for years based on fair payment for advertising space, and for selling tangible goods and services. If you start a high-overhead business for free and then try to convert it into a paid service then that's where the business model went wrong, not because users are now dependent on the service and primed for milking that dependency.

The only people advocating the schemes are people who are invested in them, but they're too caught up to admit the simple truth. We will learn how to communicate in real life again probably while the Web3 dumpster fire burns out, and then rebuild hopefully... :/