Terminal 3 Raises Pre-Seed Round to Build Decentralized User Data Infrastructure
Hong Kong-based Web3 startup, Terminal 3, has successfully raised an oversubscribed pre-seed round to develop user data infrastructure for a decentralized future. The company aims to replace centralized data storage with decentralized storage and zero-knowledge proofs, enabling a Web3 where user data is private and secure. Terminal 3’s investor group includes 500 Global, CMCC Global, Consensys Mesh, Bixin Ventures, BlackPine, DWeb3, Hard Yaka, Bored Room Ventures, Mozaik Capital, and others. Co-founded by Gary Liu, Malcolm Ong, and Joey Liu, Terminal 3 is backed by experienced entrepreneurs and business leaders with a strong track record of success in the technology industry.
Key Points:
- Terminal 3 secures funding from a world-class investor group to develop decentralized user data infrastructure.
- The company aims to replace centralized data storage with decentralized storage and zero-knowledge proofs.
- Terminal 3 prioritizes data privacy and security, enabling an equitable Web3.
- Co-founders Gary Liu, Malcolm Ong, and Joey Liu have extensive experience in technology and digital transformation.
- Blockchain technology is seen as a solution for user data privacy and security by corporate executives.
Hot Take:
Terminal 3’s successful pre-seed round and impressive investor group demonstrate the growing interest in decentralized user data infrastructure. By prioritizing data privacy and security, Terminal 3 aims to address the compliance and security issues associated with centralized data storage. With the experience and expertise of its co-founders, Terminal 3 is well-positioned to drive the shift towards a decentralized Web3. This funding round marks an important milestone for the company as it works towards creating a more equitable digital future.
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