Tesla CEO Elon Musk, who actively uses social media and has more than 65 million followers, continues to share his thoughts on current issues with his followers with his tweets.
Elon Musk, known for his support of the Mem token Dogecoin, managed to attract attention with his latest tweet.
The famous billionaire shared the popular “Urinal Etiquette” comic, which shows a man entering the men’s restroom and walking past a bunch of empty urinals announcing his support for crypto, web3, and DAOs to a stranger.
— Elon Musk (@elonmusk) December 4, 2021
With his sharing, Musk made fun of the term Web3, which crypto influencers and venture capitalists have recently supported and started to use, but whose exact meaning is unknown.
What is Web3?
Although the exact meaning of Web3 is not known, it is described as a new generation internet technology based largely on machine learning and artificial intelligence.
Recently, Cornell University professor James Grimmelmann defined “Web 3.0” as steam software, while Elon Musk stated that the term “web3”, which had grown in popularity before his last post, seemed absurd to him.
In the early hours of yesterday morning, unexpectedly, there was a sharp decline in the crypto money market.
While significant decreases occurred in Bitcoin and cryptocurrencies, leading web3 cryptocurrencies such as Polkadot (DOT), Filecoin (FIL) and Kusama (KSM) also took their share from this decrease.
*Not investment advice.