Venture capital in Web3 is undergoing a transformation. The speculative era of the initial coin offering (ICO) boom in 2017 has given way to a more structured investment environment, where institutional capital plays a defining role. As the sector matures and competition heats up, venture capital firms are faced with the need to adjust their strategies in order to stay relevant. The industry’s evolution into an emerging financial ecosystem has also placed increased importance on activities of venture capital firms such as Foresight Ventures, which serves as key indicators of market sentiment and insights into high potential growth sectors
source: https://beincrypto.com/venture-capitals-building-web3-future-beyond-bull/