Web3 fundraising isn’t what it used to be. Gone are the days of raising millions on a whitepaper alone. In 2017, over 400 ICO projects raised about $5.6 billion on promises and hype, over 80% turned out to be scams or failed within months. Today, investors are far more selective. In fact, Q1 2025 saw $7.7 billion invested in Web3 startups across 603 deals, but deal count fell 34% from the previous quarter; meaning bigger checks to fewer companies. For founders, this shift underscores a simple...