Colors of Web3 & Entrepreneurship

From Traditional Finance to Web3: David Tng's Journey with Tezos


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David Tng, the Managing Director of TZ APAC, a key player in the Tezos blockchain ecosystem, makes an appearance on the 53rd episode of Colors of Web3 & Entrepreneurship. David charts his path from traditional finance to the world of Web3, reflecting on his experiences in robo-advisory, payments, and lending. He unpacks the origins of Tezos, a layer-one blockchain known for its unique on-chain governance system that facilitates upgrades without contentious hard forks.

David outlines the mission of TZ APAC, an organization funded by the Tezos Foundation to promote the adoption of Tezos. He details their work with Fortify Labs, a startup studio designed to guide and support Web3 startups built on Tezos or its EVM-compatible layer-two solution, Etherlink. The conversation explores the diverse programming languages within the Tezos ecosystem, including Michelson, Solidity, and the upcoming Jstz ("Justice") language, aiming to attract a wider range of developers. David provides his insights on the challenges and opportunities within the Web3 landscape and how regulatory clarity could unlock mainstream adoption.
⌛ Timestamps:
00:00:00 Episode trailer
00:00:29 David's Background in FinTech and Robo Advisory
00:07:00 Different gigs in FinTech & Early Web3 Encounters
00:16:35 David’s First Experiences with Web3 and Bitcoin Mining
00:20:06 David's hobbies
00:21:10 Deep Dive into Tezos, the Tezos Foundation, and TZ APAC
00:28:05 Fortify Labs: TZ APAC's Startup Studio and Cohort Highlights
00:37:20 TZ APAC activities during Token2049 in Singapore
00:41:06 Programming Languages on Tezos: Michelson, Solidity, and the Future of Jstz ("Justice")
00:44:36 Etherlink: Tezos' Layer-2 Rollup and the Tezos X Roadmap
00:49:40 Tezos - a blockchain that can upgrade itself due to on-chain governance
00:51:10 The team behind TZ APAC
00:54:18 Core contributors (engineering teams) for Tezos
00:56:30 Challenges facing TZ APAC: how to attract more builders in Web3
00:59:44 David's hot take on how to onboard 1 billion users / 1 million developers into Web3
01:03:55 Predicting Web3’s evolution in the next few years
01:05:56 Advice for Breaking into Web3
01:07:58 Where to Follow David and TZ APAC
01:09:11 Episode outro and next episode preview
Follow David and his company:
David's Twitter: https://x.com/tng_david
TZ APAC: https://x.com/TzApac
TZ APAC Website: https://www.tzapac.com/
Fortify Labs: https://www.tzapac.com/fortifylabs/
My social media:
Twitter/X: ⁠https://www.twitter.com/LamWeb3⁠
LinkedIn: ⁠https://www.linkedin.com/in/lamweb3/⁠
Website: ⁠https://lamtrinh.xyz⁠
My old article about the 2-3 prevailing narratives of 2024-2025: https://substack.com/home/post/p-143541984
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Colors of Web3 & EntrepreneurshipBy Lam Trinh