LightLink, a remote Ethereum Layer 2 blockchain focused on gasless transactions, raised $6.2m in extended seed funding
Backers included MH Ventures and NxGen, along with individual investors ANBESSA, Eric Cryptoman, Lady of Crypto, Satoshi Stacker, That Martini Guy, Zoran Kole, B3V, Blue7, and T&B Media Global.
The company intends to use the funds to expand its development efforts.
Led by CEO Roy Hui, LightLink works to drive mass adoption to Web3 with scalability and a streamlined user experience. Its novel enterprise mode enables businesses to operate gas-free, allowing users on their platforms to engage in a secure blockchain network without transaction fees, barriers to entry, or the need for any tokens.
LightLink has made significant advancements in infrastructure development by integrating Celestia as a Data Availability layer, expanding its proprietary stack, and becoming the first Optimium L2 to be listed on L2Beat.
Now, it is gearing up for token distribution through Liquidity Bootstrapping Pool on Fjord Foundry. LightLink is set to leverage over 25 strategic partnerships, including one with Animoca Brands, to offer instant gasless transactions and scalable infrastructure to all interested projects.
FinSMEs
08/04/2024