LightLink Revolutionizes Blockchain with Gasless Transactions

April 9, 2024, 9:34 pm
LightLink
Location: Australia
Employees: 11-50
Total raised: $6.2M
LightLink, a cutting-edge Ethereum Layer 2 blockchain, secures $6.2 million in extended seed funding to propel its mission of revolutionizing the blockchain space with gasless transactions. Led by CEO Roy Hui, LightLink aims to drive mass adoption to Web3 by offering scalability and a seamless user experience. The company's innovative enterprise mode allows businesses to operate gas-free, enabling users to engage in a secure blockchain network without transaction fees or barriers. LightLink has made significant strides in infrastructure development by integrating Celestia as a Data Availability layer and becoming the first Optimium L2 listed on L2Beat. With over 25 strategic partnerships, including one with Animoca Brands, LightLink is set to offer instant gasless transactions and scalable infrastructure to all interested projects. The company's unique approach to subsidizing transactions for users through a monthly subscription sets it apart in the L2 blockchain landscape. By eliminating the cost barrier and simplifying user interactions with dapps, LightLink is at the forefront of blockchain innovation. With 115,000 daily transactions and 18.5 million transactions on its mainnet since launch, LightLink is poised for exponential growth in the blockchain industry.