[ANN] Redefining Borders: The Sui Migration & ONBUFF’s Dynamic Rebranding

LumiWave
lumiwave
Published in
4 min readApr 19, 2024

Exciting news! ONBUFFers!

ONBUFF will soon migrate its public mainnet from Ethereum to Sui, rebrand as LumiWave, and embark on a new journey.

1. Sui Migration

1.1. Purpose and Reasons for Migration

The main reason ONBUFF decided to migrate from Ethereum to Sui is to improve the performance and competitiveness of our upcoming games and dapps.
Since 2020, ONBUFF has been working with renowned game companies such as SNK, GRAVITY, and Sandbox to successfully launch global IPs such as Samurai Shodown R, Ragnarok Labyrinth NFTs, and Pororo NFTs on the Ethereum Mainnet.
Migrating to the Sui Mainnet is a strategic decision to address the technical constraints facing the ONBUFF ecosystem and maximize the performance and competitiveness of our games and dapps.

1.2. What to Expect

Thanks to Sui’s superior scalability, fast transaction processing, and low transaction costs, games and DApps developed by ONBUFF will run more smoothly and provide the best experience for users. With this technological advantage, ONBUFF plans to launch more game IPs and DApps to further revitalize the ecosystem, which will help them reach a broader user base and increase their competitiveness.

1.3. How to Migrate

We are working to ensure that ONBUFF can be migrated on all available exchanges, and we will be offering a migration service on our own platform, the INNO platform, to convert existing Ethereum tokens, ONBUFF (ONIT), to LumiWave (LWA), a Sui Mainnet asset, on a 1:1 basis. We will provide a detailed timeline and plan for this in the coming days.

2. Rebranding

2.1. The purpose and reason for the rebranding

ONBUFF has partnered with Mysten Labs to develop the Sui ecosystem and expand ONBUFF’s blockchain IP business. As part of this partnership, we are planning to rebrand our token in parallel with the migration to Sui.

The governance token ONBUFF (ONIT), which was issued in 2020 as an Ethereum-based ERC-20 token, is now undergoing a transformation given Ethereum’s technical limitations and the need for a brand refresh.

By applying a new brand identity to its existing tokens, ONBUFF aims to strengthen its position as a developer of IP-based blockchain content in partnership with Sui and redefine the value and image of the ONBUFF ecosystem. These efforts will revitalize user and investor interest and promote the continued growth of the ONBUFF ecosystem.

2.2. About LumiWave

LumiWave is an innovative project that applies the principles of light and water to the combination of content and blockchain, bringing a new dimension to Web3 experiences.

The new token name, LumiWave (LWA), is inspired by water, the motif of the Sui mainnet, which has changed with this migration. LumiWave represents our desire and intention to bring unprecedented speed and efficiency to our users by enabling transaction processing that is as fluid and lightning-fast as the flow of water.

📌 LumiWave Contract
https://suiscan.xyz/testnet/coin/0x940058584633c5aa1442a916e65c32415d925e1c6ba6c9f0a2f6b77b33335972::LWA::LWA/txs

📌 LumiWave Source Code
https://github.com/ONBUFF-IP-TOKEN/inno-contract/tree/master/LUMIWAVE

Conclusion

We will be closely communicating with the ONBUFF community via our existing Telegram, Twitter, Discord, and Medium channels to quickly communicate the news of the token migration and rebranding. We will prioritize accuracy and transparency in the process, ensuring that community members have a clear understanding of every step.

We will also create a FAQ page on the INNO platform to provide users with quick and easy access to the information they need. This page will cover key topics such as the migration process, timeline, and how to swap tokens. It will help users instantly find answers to various questions they may have during the migration process.

In addition, to minimize any questions or concerns that exchange customers may have during the migration process, ONBUFF will have its own dedicated migration page on the website, where user inquiries will be professionally supported by the ONBUFF customer support team and the Discord help desk. With this organized support structure, we will do our best to ensure that the migration process goes smoothly and that any issues that may arise are quickly resolved.

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LumiWave
lumiwave

Path by light, Surf by wave. Explore the Web 3.0 world with LumiWave.