While I’m not anti-web3 I’m sceptical the promised results will appear not for technical reasons but due to misaligned incentives. At the end of the day someone has to pay for the storage or compute and we’re back to systems of exploitative extraction by proxy. Your personal data pays for service X via advertising and you pay directly for service Y by volunteering cryptocurrency based information exchange tokens so that blah blah blah it’s normally just tokens automatically created to track what you do which makes it just the same as advertised, arguably more creepy.

It’s a very lofty technical goal, I fear will fail for very normal human psychological reasons.