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Wasn't it web 2.0? Also, good point, I always thought it was weird. Though it's kinda obvious it's about money.
It is
"Web 3.0" is a term used to refer to distributed blockchain-based web services, in case anyone's curious.
Though with the uptick in Lemmy I wonder if that term will end up being generalized to things like ActivityPub. One can hope.
at this point let's just let them have it. we'll just be web 4.0
Honestly i'm pretty sure blockchain just co-opted the web3.0 term, i recall it being used for general decentralization in the past.