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"web3"
That's "Semantic Web" to you.
That was "Web 3.0". Not to be confused with "Web 3.0.7", etc.
"All told, WB has made around $225,000 off the mint."

Well, depends on how one defines "made" (in this case, I assume napkin math to come up with gross revenue). If "made"=="net revenue", then I would guess WB lost money on that one.

This reeks of product manager buzzword stew. To be a fly on the wall when this was pitched...
"you like money and reusing 20 year old tech, right?"