Utility

LWA token is utilized within the LumiWave ecosystem to establish and operate the IP business industry.

1. Currency within the INNO Platform Marketplace

LWA tokens are used to purchase digital assets such as NFTs or in-game items on the INNO Platform marketplace. This allows users to freely trade and own various assets within the game, maximizing immersion within the LumiWave ecosystem.

2. Supporting the Game Ecosystem

LWATokens help reinforce and sustain the game IP ecosystem. For instance, they are used as funds for creating swap pools for LumiWave-serviced games, offering reward opportunities to ecosystem participants. Additionally, LWA tokens are employed in marketing and airdrop rewards, providing incentives for users and promoting game engagement.

3. Enhancing and Investing in the IP Business

LWA tokens are used to invest in acquiring quality IP assets, continually securing unique and engaging IP within the ecosystem. This supports the development of a Web3 gaming and blockchain-based content ecosystem, offering users a wide range of IP experiences.

4. Governance and User Participation

LWA tokens allow users to participate in ecosystem governance by voting, thus influencing critical decisions. LWA token holders can express their opinions on major decisions through yes or no votes, with results transparently reflected in the decision-making process. Furthermore, participants are rewarded based on outcomes, reinforcing a user-centered ecosystem.