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@arcanicanis @eriner @alex W3C is not about standards anymore, it's about status. Often people who write specs don't care about implementers at all, and if anything useful comes from W3C, be it ActivityPub or Data Integrity spec, it's almost like a miracle.
Verifiable Credentials at least gets recognized by developers outside of W3C bubble, though personally I don't see much value there besides Data Integrity spec and cryptosuites. The only parties who seem to be genuinely interested in Verifiable Credentials are governments that roll out dystopian digital ID and social credit systems, as this post suggests:

https://w3c.social/users/w3c/statuses/111901528209971717