BTS Labs held an AMA with Light on September 2nd. The theme of this AMA is “Light — The Metaverse Explorer”. The guest we had were Shun Kakinoki, the CEO of Light. He introduced that Light enables users to discover connections that was not possible before.
Q1:
BTS Labs: What is the origin of the name Light?
Shun Kakinoki(CEO): Light was first thought of to as being shining Light on an otherwise dark place in the blockchain where a lot of information is fragmented.
Q2:
BTS Labs: Questions about Light’s tokens.
Shun Kakinoki(CEO): There are two types of tokens, $LXP (Utility Token) and $LIGHT (Governance Token).
Q3:
BTS Labs: What are three of Light’s strengths and three of its weaknesses compared to other Web3 companies?
Shun Kakinoki(CEO):
Strengths:
- Product development
- Encompassing smart contracts
- Marketing and Community management
Weaknesses:
- Bizdev and outreach through partnerships
- Complexity
- Sales
Q4:
BTS Labs: In order to reach 1 billion people, Light needs to be used by users in various countries. Are there any plans to make Light multilingual?
Shun Kakinoki(CEO): Yes — certainly on the roadmap.
Q5:
BTS Labs: What will be possible once the protocols currently under development are implemented? Please explain in a way that even a beginner can understand.
Shun Kakinoki(CEO): Everyone will be able to earn through their activities on web3. Earn through every tx when you make a transaction.
Free Questions
Q1:
BTS Labs Community: What exactly is the ORB SYSTEM that will be implemented around February next year?
Shun Kakinoki(CEO): It’s an NFT system… to be announced in more detail for the protocol testnet launch this month!
Q2:
BTS Labs Community: I understand that Light have a close relationship with CyberConnect. Is there anything you can disclose now?
Shun Kakinoki(CEO): Please stay tuned for further announcements.
Q3:
BTS Labs Community: Will the platform build a Metaverse world with Market Place and ranked games with NFTs?
Shun Kakinoki(CEO): Nope not quite — please stay tuned for the Whitepaper update this month.
Q4:
BTS Labs Community: What are the most significant benefits for the early adopters? and regular users? will there be a big difference between them?
Shun Kakinoki(CEO): We have grown due to the support from early adopters — we are very grateful for the support.
Q5:
BTS Labs Community :Will it be multichain in the future?
Shun Kakinoki(CEO) :Yes.
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