The layer-2 blockchain initiative LightLink has recently raised $4.5 million in seed investment to enhance digital ecosystems. The funding round was spearheaded by T&B Media Global, a leading Thai media conglomerate, and MQDC, a prominent real estate developer. This financial boost marks a significant step for LightLink in its quest to integrate the digital and real-world landscapes.
Entering the Multiverse with “Translucia”
This funding will bolster the development of Translucia, LightLink’s ambitious multiverse project, with a vision to merge the virtual and physical worlds into a cohesive experience. The initiative is backed by a substantial $300 million fund from T&B Media Global and MQDC, who are dedicated to realizing a user-centric digital universe. Dr. Jwanwat Ahriyavraromp, T&B Media Global’s CEO, echoed the enthusiasm for this collaboration aimed at spreading joy through a connected digital environment.
Broad Spectrum of Investors
The seed round attracted a diverse group of investors, including JellyC, Aweh Ventures, Blue7, and B3V, showcasing strong confidence in LightLink’s prospective impact. Following a recent tie-up with Animoca Brands, LightLink further cemented its reputation. The platform, based on Ethereum‘s Layer-2 technology, promises instant and free-of-charge transactions for decentralized applications and enterprises.
Pellar Technologies: Driving Technological Advancements
The core technology of LightLink is powered by Pellar Technologies, a blockchain innovator responsible for over 50 blockchain solutions for top organizations across the Asia-Pacific region since 2017. LightLink’s capability is highlighted by its ranking among the top 10 rollups in terms of transaction volume and its network of over 215,000 unique wallets.
Charting a Digital Future
Roy Hui, LightLink’s co-founder and CEO, expressed confidence in the firm’s direction, focusing on user-friendly blockchain experiences and cost-free transactions. The aim is to set a new standard in the digital domain and explore the multiverse’s untapped potential. LightLink’s commitment to innovation and strategic alliances positions it as a leader in the convergence of the virtual and real worlds, with a vision to sculpt the technological future.