© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2022
T. TaulliHow to Create a Web3 Startuphttps://doi.org/10.1007/978-1-4842-8683-8_7

7. DeFi

Building Finance Platforms
Tom Taulli1  
(1)
Monrovia, CA, USA
 

Kwon Do, who studied computer science at Stanford, has worked at companies like Apple and Microsoft. But when crypto started to grow quickly, he jumped into the market. Unfortunately, his first startup failed. But this did not deter him. In 2018, he started another company, called Terraform Labs, based in Singapore.

His vision was to create a new kind of financial services company. It was based on a Web3 approach called DeFi or decentralized finance. To this end, he created several projects and apps, such as for ...

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