Revolutions come in all shapes and sizes. Some are worthy of the name and change the world forever, while others fizzle out and become mere footnotes in the great book of History. Where exactly “Web3” will land on this continuum is, as of this moment, still to be determined, and, as such, the subject of much debate. On one hand, we have the “believers” - the apostles, evangelists, and high priests - who claim that Web3 will be the internet’s (and thus humanity’s) saving grace. While there are many lofty ideas floating about their heads, such folk view the set of innovations - both social and technological - that Web3 represents - i.e. property rights, “decentralization”, programmable money, and community-driven products/platforms - as a kind of grand exorcism being performed, in real-time, on the sins of Web2 (of which, certainly, there are many). On the other hand are the skeptics, the nay-sayers, the “old-guard”, the Web2 sympathizers. Such critics, who come at the space with varying backgrounds and priors, push back on the religious fervour of Web3 evangelists; some even going so far as to dismiss the whole enterprise as entirely mistaken - less revolutionary than a ponzi scheme-fuelled collective hysteria, a fantasy borne of a most peculiar, blockchain-based Reality distortion field. So, which is it? The Second Coming, for real, or just a bunch of pollyannas gone mad?