Tiger Research's latest report, "Web3 Industry: Transitioning from the Age of Exploration to Corporate Phase," signals a significant shift in the Web3 landscape. The Asia-based firm suggests the industry is moving beyond its idealistic origins towards a more structured and profit-driven corporate phase. This transition emphasizes practical profitability and well-defined operational frameworks. Early Web3 initiatives often prioritized decentralization and philosophical ideals, but the current phase demands sustainable business models. Companies are now focusing on creating tangible value and generating revenue, indicating a maturing market. This corporate shift could attract institutional investors and mainstream adoption, potentially leading to greater stability and innovation within the Web3 ecosystem. However, the challenge will be balancing corporate interests with the core principles of decentralization that initially defined the Web3 movement. ```
