Asia-based Web3 research firm Tiger Research highlights a significant shift in the Korean Web3 landscape in their Q1 2025 report, "Korean Web3 Market Q1 2025 Update: Is Korea a Liquidity Window?". The report suggests that Korea is transitioning away from simply being viewed as a source of liquidity for Web3 projects, and is instead developing into a more robust and comprehensive industrial ecosystem. This evolution signifies increased local adoption, infrastructure development, and a growing number of innovative Web3 companies establishing themselves within the Korean market. This change means more than just capital inflow; it indicates a maturing market with long-term potential and greater stability. This trend suggests a promising future for Web3 in Korea. ```