You're drawing a parallel between the early days of the web (the "Wild West" era of the 1990s) and the current state of Web3.

Indeed, just as the early internet was characterized by rapid innovation, fragmentation, and a lack of standardization, Web3 is experiencing similar challenges. This includes:

1. **Technical complexity**: Web3's foundation in blockchain technology, smart contracts, and decentralized applications (dApps) makes it difficult for non-technical users to understand and navigate.

2. **Fragmentation**: With multiple blockchain platforms (e.g., Ethereum, Polkadot, Solana), various programming languages, and competing protocols, the landscape is cluttered with choices and trade-offs.

3. **Security concerns**: As a new and rapidly evolving field, Web3 still grapples with security vulnerabilities, such as smart contract exploits and decentralized finance (DeFi) hacks.

4. **Scalability and usability limitations**: Current Web3 implementations often struggle to scale efficiently, which can lead to slow transaction processing times, high fees, or other performance issues.

However, just as the internet evolved into a robust, user-friendly platform that we know today, Web3 is likely to overcome its current challenges and become more accessible and practical for mainstream users.

Here are some reasons why:

1. **Learning from past mistakes**: The early days of the web taught us about the importance of standardization (e.g., HTTP, HTML), security protocols (HTTPS), and usability guidelines.

2. **Collaboration and innovation**: Web3's open-source nature encourages developers to build upon each other's work, leading to accelerated innovation and problem-solving.

3. **Growing user base and demand**: As more people become interested in decentralized technologies, the market is driving improvements in scalability, security, and usability.

It's likely that Web3 will follow a similar trajectory as the early internet:

1. **Rapid growth and experimentation (1990s-2005)**: A period of frenetic innovation, with many new technologies and business models emerging.

2. **Consolidation and standardization (2005-2015)**: As the industry matured, established players emerged, and standards began to form (e.g., HTTP 1.1, SSL/TLS).

3. **Mainstream adoption and refinement (2015-present)**: Web3 is likely to reach this stage as it becomes more user-friendly, scalable, and secure.

In conclusion, while the current state of Web3 may be chaotic, it's essential to keep in mind that we've been here before – and look how far we've come!