数据：Web3 融资结构变化，战略轮占比上升、早期轮减少

Group 1 - The core viewpoint of the article highlights that Web3 projects have completed 1,179 funding rounds this year, with nearly half of these transactions coming from strategic rounds and undisclosed sources [1] - The preference for strategic investments, private placements, and ecosystem deals indicates a shift in investor behavior towards more targeted funding [1] - Founders are facing reduced speculative hype and are now required to align their narratives, data, and roadmaps more closely to attract investment [1]