Okay fair, but I can still fork a project if I don't like how the rich are acting in it, and the value of the resulting project is entirely down to who decides to come with me - that seems pretty democratic as well. Web3 democracies do still devolve into oligarchies as they inevitably do, but the reigning oligarchs have fewer ways of preventing competition from new projects than in the current model.
suoduandao2|3 years ago