It takes 3
- Without standardization, secure storage, and safe exchange, Web3 will remain data poor and fragmented.
- 500-backed Hong Kong startup Terminal 3 aims to use decentralized storage and zero-knowledge proofs to make user data private and secure, but composable.
- “We believe that data should flow freely between applications to drive innovation and improve user experience, but not at the expense of personal privacy and control,” said Gary Liu, CEO of Terminal 3. “Scaling Web3 will require the re-invention of core enterprise technologies. Terminal 3 is building solutions that serve both corporations and individuals, to enable this critical shift in our digital world.”
- The team’s oversubscribed pre-seed round was backed by world-class investors including 500 Global, CMCC Global, ConsenSys Mesh, Bixin Ventures, BlackPine, DWeb3 Capital, Hard Yaka, Bored Room Ventures, Mozaik Capital.
- Terminal 3 was co-founded by CPO Malcolm Ong (co-founder & former CTO of Skillshare), CEO Gary Liu and COO Joey Liu (co-founders of Artifact Labs).
- The three of them first met at the South China Morning Post, where they led the newspaper’s successful digital transformation.
- Read the full announcement here.
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