LightLink Raises $6.2 Million to Expand Development Efforts
LightLink Raises $6.2M in Extended Seed Funding
LightLink's Extended Seed Funding
Key Highlights:
- Extended Seed Funding: LightLink, a remote Ethereum Layer 2 blockchain, raised $6.2 million in extended seed funding.
- Investors: Backers include MH Ventures, NxGen, and individual investors such as ANBESSA, Eric Cryptoman, Lady of Crypto, Satoshi Stacker, That Martini Guy, Zoran Kole, B3V, Blue7, and T&B Media Global.
- Development Expansion: The funding will be used to expand LightLink's development efforts.
LightLink's Target Market
- Target Market: LightLink focuses on driving mass adoption to Web3 with its gasless transactions and streamlined user experience.
- Enterprises and Businesses: Offering gas-free operation and secure blockchain networks to businesses, enabling their users to engage without transaction fees or token requirements.
- Projects and Partnerships: Collaborating with strategic partners, including Animoca Brands, to provide instant gasless transactions and scalable infrastructure to interested projects.
What LightLink Needs to Buy
- Development Resources: Investing in additional development resources to further enhance and expand LightLink's infrastructure and capabilities.
- Marketing and Branding: Engaging with marketing agencies and branding experts to increase awareness and promote LightLink's gasless transaction solutions.
- Partnerships and Integrations: Collaborating with other blockchain projects and platforms to expand LightLink's reach and integration opportunities.