I'm not sure what you mean; vaporwave is neither a misnomer nor a jab. Did you think they meant vaporware?

The vaporwave aesthetic is that neon, retro-futuristic, laser-beam-y type look.

*facepalm* You're correct. I misread it every time, including the first time I scanned your comment. (A truly strange experience since that is not a common occurrence for me. I simply never saw a "v" there.)