Rich Teo

I’m most likely the only person in the room who agrees with your crazy idea. Whether it’s starting a bitcoin exchange in 2012 or betting against the US housing market in 2006, research, knowledge and a bit of imagination goes a long way.

I want to live in a world where Web3 is not discussed but the norm in how our civilization powers connectivity. Mainstream usage of core blockchain technology has been the goal since Statoshi’s whitepaper on Bitcoin in 2008, yet the small percentage of people involved are mainly trading crypto currencies or NFTs for profit.

While I’m not smart enough to create amazing decentralized protocols or AI needed for Web3, I hope to contribute by improving the crypto industry’s approach in these areas:

Regulation: Creates distribution and easy access to massive user bases Tokenization: Stablecoin (fiat) and other real work assets can co-exist in Web3 Mainstream use cases: Payments, Socialfi (decentralized social networks), Defi (decentralized finance) and many more

My goal is to assist in creating the infrastructure where future dApps (decentralized applications) can lead to mass adoption. This technology will create an equitable society by reducing fees, abolishing barriers and will allow everyone to reach their full potential.