Deep Dive
1. Purpose & Value Proposition
LumiWave targets two industries:
- IP Management: Creates an immutable ledger for tracking ownership/licensing (e.g., game character designs, music), addressing opacity in traditional systems (CoinMarketCap).
- Gaming Economy: Integrates IP assets into games like Samurai Shodown R, letting players earn/trade NFT-based gear and characters (X posts, July-Aug 2025).
2. Technology & Architecture
Built on Sui blockchain:
- High Throughput: Processes ~297,000 TPS (via Sui’s parallel execution) for real-time IP/gaming transactions
- Object-Centric Model: Treats each IP asset (e.g., a sword design) as a unique, composable digital object
- Decimal Precision: Uses 9 decimal places for LWA tokens vs. Ethereum’s 18, optimizing gaming microtransactions
3. Ecosystem Fundamentals
Key components:
- INNO Platform: Migration hub converting legacy tokens (ONIT) to LWA (1:1 ratio)
- DAO Governance: Planned Q3 2025 voting for IP listing approvals and revenue-sharing rules
- SSR Token Rewards: Earned through gameplay in partnered titles, convertible to LWA
Conclusion
LumiWave positions itself as a bridge between IP creators and Web3 gaming economies, using Sui’s technical edge to solve real-world licensing inefficiencies. With its mainnet launch slated for Q1 2026, can it onboard traditional IP holders while maintaining blockchain’s decentralization ethos?