HT Bureau
GUWAHATI, March 17: Translucia Metaverse (Translucia), a joint venture between MQDC and T&B Media Global, together has launched a first-of-its-kind ‘Multiverse Convergence’ solution through its proprietary LightLink Protocol (LightLink). Translucia is aiming to build a comprehensive ecosystem with metaverse elements to create a virtual world worth US$3 billion.
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Notably, LightLink is the world’s first enterprise Layer-2 (L2) blockchain built to accelerate the entry of traditional businesses into Web3. By offering a low-cost and easily accessible final to enter multiple third-party metaverses, LightLink enables businesses to move into Web3 at scale. Through LightLink, metaverses built and owned by different players will be able to connect as well as integrate functionalities.
Athid Nanthawaroon, Executive Director, of 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.”
Dr. Jwanwat Ahriyavraromp, CEO and Founder of T&B Media Global and Founder of Translucia, added, “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.”
