ONBUFF (ONIT) has been rebranded to LumiWave (LWA). For more information, please visit this post.
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LumiWave is a blockchain-based platform designed to revolutionize the Intellectual Property (IP) industry. It leverages blockchain technology to enhance transparency and reduce barriers to entry in the IP market. This initiative aims to facilitate a more efficient and economical process for companies seeking to utilize IP, thereby fostering a global expansion of IP customers. The platform is focused on creating an ecosystem where companies owning IP, those in search of IP, and gamers can mutually benefit and thrive. By making IP transactions more accessible and transparent, LumiWave intends to generate added value for all participants within this ecosystem. This approach not only benefits existing IP holders by opening up new markets but also enables businesses and creators seeking IP to do so in a more streamlined and cost-effective manner. In essence, LumiWave is positioned at the intersection of blockchain technology and the IP industry, aiming to build a more inclusive and efficient marketplace for IP utilization and exchange.
How is LumiWave secured?
LumiWave implements a multifaceted security strategy to safeguard its blockchain ecosystem, focusing on transparency and accessibility in the Intellectual Property (IP) business. The platform's security measures are designed to protect both IP owners and users, ensuring a secure environment for all participants. To achieve this, LumiWave has established strategic partnerships with leading entities in the blockchain space. These collaborations are aimed at enhancing the platform's security infrastructure and ensuring robust protection against potential threats. By working closely with experienced companies in the field, LumiWave leverages their expertise and technologies to fortify its ecosystem. In addition to partnerships, LumiWave emphasizes the importance of rigorous security protocols. This includes the implementation of Know Your Customer (KYC) verification processes and Two-Factor Authentication (2FA) mechanisms. Such measures are critical in preventing unauthorized access and ensuring that only verified users can engage with the platform's services. Decentralized exchanges (DEXs) play a crucial role in LumiWave's security framework. By utilizing DEXs, LumiWave minimizes the risks associated with centralized platforms, such as single points of failure and susceptibility to hacking. This decentralized approach enhances the overall security of transactions and interactions within the LumiWave ecosystem. Furthermore, LumiWave is committed to advancing blockchain security through research and development. The platform has published multiple blockchain security papers, showcasing its dedication to exploring and addressing security challenges. With a team of seasoned security professionals and senior researchers, LumiWave continuously works on improving its security measures and contributing to the broader blockchain security landscape. In summary, LumiWave's security strategy is comprehensive, combining strategic partnerships, advanced security protocols, the use of decentralized exchanges, and ongoing research and development efforts. This approach ensures a secure and transparent environment for IP owners and users, fostering trust and facilitating the efficient and economical utilization of IP.
How will LumiWave be used?
LumiWave is designed to revolutionize the Intellectual Property (IP) industry by leveraging blockchain technology. Its primary function is to facilitate the buying and selling of BINO futures vouchers in the marketplace. This application of LumiWave is just one aspect of its broader utility in the IP business, aiming to enhance transparency and reduce entry barriers for IP utilization. The platform is set to serve as a bridge between IP owners and those seeking to use IP, thereby expanding the global customer base for IP-owned companies. By making the search for and utilization of IP more efficient and economical, LumiWave intends to foster a symbiotic ecosystem. This ecosystem is envisioned to benefit all stakeholders involved, including IP owners, IP users, and gamers, by creating added value and opportunities for growth and innovation. In this ecosystem, companies owning IP can reach a wider audience, potentially increasing their revenue streams and market presence. Meanwhile, businesses and individuals in need of IP can access a broader range of resources without the traditionally high costs and complexities associated with IP transactions. Gamers and other end-users stand to benefit from a richer variety of content and experiences, thanks to more accessible IP. It's important for anyone considering investing in or utilizing LumiWaveF to conduct thorough research. The cryptocurrency market is known for its volatility, and while LumiWave shows potential for growth, it's crucial to make informed decisions based on comprehensive analysis and understanding of the market and the specific functionalities and goals of LumiWave within the IP and blockchain sectors.
What key events have there been for LumiWave?
Since its first launch in 2020, LumiWave has partnered with the Nasdaq-listed game company Gravity to release the Web3 version of the mobile MMORPG and the strategy simulation game , achieving significant success. Subsequently, LumiWave signed an exclusive contract with the legendary game developer SNK for game IP sourcing. Starting with the launch of in Q3 2024, LumiWave plans to sequentially introduce numerous AAA mega-value game IPs to the Web3 market. In May 2024, LumiWave migrated its mainnet from Ethereum to Sui and underwent rebranding, changing the token name and ticker from ONBUFF (ONIT) to LumiWave (LWA).
About LumiWave
LumiWave uses blockchain technology to increase the transparency of Intellectual Property business and lower the barrier to entry for IP utilization. Companies that own IP will be able to expand their IP customers globally. Businesses searching for IP will also be able to do so efficiently and economically. This will lead to creating added value where all IP-owned companies, IP users, and gamers can coexist in an all-winning ecosystem.
What is ONBUFF?
ONBUFF is a blockchain-based platform designed to revolutionize the Intellectual Property (IP) industry. It leverages blockchain technology to enhance transparency and reduce barriers to entry in the IP market. This initiative aims to facilitate a more efficient and economical process for companies seeking to utilize IP, thereby fostering a global expansion of IP customers.
The platform is focused on creating an ecosystem where companies owning IP, those in search of IP, and gamers can mutually benefit and thrive. By making IP transactions more accessible and transparent, ONBUFF intends to generate added value for all participants within this ecosystem. This approach not only benefits existing IP holders by opening up new markets but also enables businesses and creators seeking IP to do so in a more streamlined and cost-effective manner.
In essence, ONBUFF is positioned at the intersection of blockchain technology and the IP industry, aiming to build a more inclusive and efficient marketplace for IP utilization and exchange.
How is ONBUFF secured?
ONBUFF implements a multifaceted security strategy to safeguard its blockchain ecosystem, focusing on transparency and accessibility in the Intellectual Property (IP) business. The platform's security measures are designed to protect both IP owners and users, ensuring a secure environment for all participants.
To achieve this, ONBUFF has established strategic partnerships with leading entities in the blockchain space. These collaborations are aimed at enhancing the platform's security infrastructure and ensuring robust protection against potential threats. By working closely with experienced companies in the field, ONBUFF leverages their expertise and technologies to fortify its ecosystem.
In addition to partnerships, ONBUFF emphasizes the importance of rigorous security protocols. This includes the implementation of Know Your Customer (KYC) verification processes and Two-Factor Authentication (2FA) mechanisms. Such measures are critical in preventing unauthorized access and ensuring that only verified users can engage with the platform's services.
Decentralized exchanges (DEXs) play a crucial role in ONBUFF's security framework. By utilizing DEXs, ONBUFF minimizes the risks associated with centralized platforms, such as single points of failure and susceptibility to hacking. This decentralized approach enhances the overall security of transactions and interactions within the ONBUFF ecosystem.
Furthermore, ONBUFF is committed to advancing blockchain security through research and development. The platform has published multiple blockchain security papers, showcasing its dedication to exploring and addressing security challenges. With a team of seasoned security professionals and senior researchers, ONBUFF continuously works on improving its security measures and contributing to the broader blockchain security landscape.
In summary, ONBUFF's security strategy is comprehensive, combining strategic partnerships, advanced security protocols, the use of decentralized exchanges, and ongoing research and development efforts. This approach ensures a secure and transparent environment for IP owners and users, fostering trust and facilitating the efficient and economical utilization of IP.
How will ONBUFF be used?
ONBUFF is designed to revolutionize the Intellectual Property (IP) industry by leveraging blockchain technology. Its primary function is to facilitate the buying and selling of BINO futures vouchers in the marketplace. This application of ONBUFF is just one aspect of its broader utility in the IP business, aiming to enhance transparency and reduce entry barriers for IP utilization.
The platform is set to serve as a bridge between IP owners and those seeking to use IP, thereby expanding the global customer base for IP-owned companies. By making the search for and utilization of IP more efficient and economical, ONBUFF intends to foster a symbiotic ecosystem. This ecosystem is envisioned to benefit all stakeholders involved, including IP owners, IP users, and gamers, by creating added value and opportunities for growth and innovation.
In this ecosystem, companies owning IP can reach a wider audience, potentially increasing their revenue streams and market presence. Meanwhile, businesses and individuals in need of IP can access a broader range of resources without the traditionally high costs and complexities associated with IP transactions. Gamers and other end-users stand to benefit from a richer variety of content and experiences, thanks to more accessible IP.
It's important for anyone considering investing in or utilizing ONBUFF to conduct thorough research. The cryptocurrency market is known for its volatility, and while ONBUFF shows potential for growth, it's crucial to make informed decisions based on comprehensive analysis and understanding of the market and the specific functionalities and goals of ONBUFF within the IP and blockchain sectors.
What key events have there been for ONBUFF?
ONBUFF has marked its presence in the blockchain and cryptocurrency space through a series of significant developments, reflecting its commitment to leveraging blockchain technology for enhancing the transparency and accessibility of Intellectual Property (IP) business. Among these developments, the launch of their new DeFi 3.0 high-performance yield platform stands out as a pivotal moment. This platform aims to redefine the standards of decentralized finance by offering enhanced yield-generating opportunities to its users.
Further diversifying its offerings, ONBUFF introduced the Formacar Action mobile racing game, integrating GameFi features. This move not only broadens the utility of ONBUFF's ecosystem but also taps into the burgeoning sector of blockchain gaming, where players can earn rewards through gameplay. The creation of the Hunt Building NFT, which contains 1000 HUNT tokens locked for a year, exemplifies ONBUFF's innovative approach to integrating NFTs within its ecosystem, offering both utility and value retention over time.
The application for a Super Builder Grant and the establishment of a BUILD Point System are indicative of ONBUFF's strategic efforts to foster community engagement and reward participation within its ecosystem. These initiatives are designed to support the growth and development of ONBUFF's platform, encouraging both developers and users to contribute to its expansion.
While these developments highlight ONBUFF's proactive approach to innovation and growth, it's crucial for potential investors and users to conduct thorough research and consider market trends before making investment decisions. The fluctuating nature of cryptocurrency prices and trading volumes necessitates a cautious approach, especially given the short-term volatility but potential long-term growth as suggested by some price predictions.
In summary, ONBUFF's strategic initiatives, from launching new platforms and games to integrating NFTs and applying for grants, underscore its commitment to leveraging blockchain technology for the benefit of IP businesses, users, and gamers. These steps not only enhance the value proposition of ONBUFF's ecosystem but also contribute to the broader adoption and utility of blockchain technology in the IP sector.
The live LumiWave price today is $0.022862 USD with a 24-hour trading volume of $616,231 USD. We update our LWA to USD price in real-time. LumiWave is up 1.28% in the last 24 hours. The current CoinMarketCap ranking is #855, with a live market cap of $17,605,808 USD. It has a circulating supply of 770,075,466 LWA coins and a max. supply of 770,075,466 LWA coins.