Translucia Metaverse (Translucia), a joint venture between MQDC and T&B Media Global which brings Thailand’s most eminent real estate and entertainment conglomerates together has launched a first-of-its-kind ‘Multiverse Convergence’ solution through its proprietary LightLink Protocol (LightLink).
Through LightLink, metaverses built and owned by different players will be able to connect with each other as well as integrate functionalities. This opens new avenues for trade, commerce, and collaboration between metaverse owners, furthering opportunities for innovation across the space. Simultaneously, LightLink’s ‘Multiverse Convergence’ solution addresses the endemic fragmentation of the current Web3 ecosystem, allowing end-users to seamlessly connect across the ‘Internet Multiverse’.
Mr. Athid Nanthawaroon, Executive Director, Translucia Company Limited, said, “Translucia is the ‘Metaverse Accelerator’ that the world needs as we move towards a new Internet era. The present metaverse remains both abstract and fragmented; inaccessible to most legacy businesses let alone the average user.”
“Translucia will integrate various Web3 ecosystems into a single ‘Multiverse’ that helps metaverse players unify their technologies, workflow, and user experience within one standardized platform. This collaborative intra-industry approach will not only accelerate humanity’s transition into hybrid reality but create a more accessible and inclusive Web3 for everyone,” said Mr. Athid.
Dr. Jwanwat Ahriyavraromp, CEO and Founder of T&B Media Global and Founder of Translucia, said, “Translucia was founded with the vision to empower people who aspire to be happy. Through our ‘Metaverse Built for Good,’ we aim to balance the social, economic, and environmental needs of the world. Once fully realized, the Translucia Metaverse will be an engine that drives goodness and wellness into a holistic form of prosperity and happiness.”
“The technological advancements of Web3 are an opportunity to bridge the digital divide and address inequality. As such, Translucia is excited to build a metaverse built upon LightLink, a proprietary blockchain that addresses issues of throughput, bandwidth limitations and high gas fees. Industry collaboration is essential to this goal, we have laid the groundwork for a scalable metaverse platform and we invite Web3 architects and traditional businesses to join us in co-creating an interconnected metaverse ecosystem that spans across partners and networks,” said Dr. Jwanwat.
LightLink’s enterprise mode removes the complexity and necessity of acquiring the L1 blockchain’s native token on top of reducing the onboarding fees required for businesses to leverage Distributed Ledger Technology (DLT). LightLink guarantees a pre-ordained throughput across its ecosystem to ensure stability in gas fees and consistency in performance.
The LightLink Protocol is anchored on Ethereum, leveraging its security features while ensuring predictability and stability in gas fees. Through enterprise mode, LightLink enables users to interact with blockchains at a faster speed, higher efficiency, and lower costs by ensuring predictability in payment without compromise to speed and safety.