BTS Labs held an AMA with ONBUFF on Feb 24th. The theme of this AMA is “ONBUFF — IP Business Platform and IP Value-up Chain”. The guest we had was Kevin Kim, the chief business officer of ONBUFF. He introduced the ONBUFF project to us which is an intellectual property blockchain platform based on global IPs as well as an NFT marketplace where users can purchase and collect limited edition products including ONBUFF’s various IP digital assets and digital authenticity certificates.
Q1：
BTS Labs: Could you introduce ONBUFF for us and what is the goal of this project?
Kevin Kim (CBO of ONBUFF): ONBUFF is an intellectual property blockchain platform based on global IPs. We are developing products such as NFT, Metaverse, and Games using various IPs. Our project aims to form a market where the B2B-centered IP industry can be freely traded on the blockchain and foster various blockchain industries using IP.
Q2:
BTS Labs: How does ONBUFF IP platform work? What incentives are available to investors when participating in the ecosystem?
Kevin Kim (CBO of ONBUFF): ONBUFF’s IP platform performs tasks such as NFT development using various IPs. In the future, we plan to activate IP’s B2B transactions and P2P transactions. Starting with the collaboration with Gravity, ONBUFF will also provide more future values to holders through the INNO Platform, providing incentives such as purchasing unique NFT through ONBUFF tokens, airdrop of ONBUFF IP tokens to stakers, and distribution of rewards to Defi participants.
Q3:
BTS Labs: Could you explain what INNO Platform is and what kind of business you do with Gravity?
Kevin Kim (CBO of ONBUFF): ONBUFF is working on blockchain P&E business cooperation with GRAVITY. ONBUFF plans to provide a variety of services using RAGNAROK IPs that have surpassed 120 million global cumulative accounts. Gravity is speeding up its launch in Southeast Asia in the first half of 2022 with the aim of introducing “The Labyrinth of Ragnarok” and “Ragnarok: Poring Merge,” which combine NFT items and P2E model.
Let me tell you more details about the collaboration with Gravity. ONBUFF will use global IPs to create tokens used in several games which will be onboarded on the INNO Platform. These tokens will be developed into a form that makes users earn rewards and contribute to the ONBUFF ecosystem by buying items and giving additional staking functions in the game.
Q4:
BTS Labs: Do you have any plans to develop Play-To-Earn games?
Kevin Kim (CBO of ONBUFF): ONBUFF is already building a variety of Game IP lineups. Not only for the familiar games, new games are also being planned. ONBUFF plans to continue R&D on game development and game NFT, focusing on the INNO platform. You will be able to experience ONBUFF games in various countries soon.
Q5:
BTS Labs: As far as I know, ONBUFF has collaborated with projects from various countries. Can we hear about the collaborative projects or plans you are thinking about in the future?
Kevin Kim (CBO of ONBUFF): ONBUFF has used its own global IP to collaborate with global NFT companies and metaverse companies so far. We think multinational collaboration is important because blockchain is a global business beyond the country. Even now, team members with various global business experiences are collaborating with projects from various countries such as the United States, Russia, and China etc. We are preparing for a collaboration announcement with global game companies and payment companies soon. Based on these series of collaborations, ONBUFF will continue to grow user experiences and partners from various countries.
Free Questions
Q1:
BTS Labs Community: What are your major goals to achieve in the next 3–4 years? What are your plans to expand and gain more adoption? How do ONBUFF elevate crypto participants’ understanding about the project?
Kevin Kim (CBO of ONBUFF): Thank you for your passionate questions. But please understand that we can’t answer all the questions since a lot of people have other questions.
ONBUFF is heading to become a leading institutional blockchain intellectual property business platform in the near future. ONBUFF is collaborating with global game companies such as Gravity by using IP’s that numerous users have enjoyed. IPs of “King of Fighters,” “Ragnarok” are well-known for global game fans and this will integrate both crypto and non-crypto participants to ONBUFF’s INNO Platform.
Q2:
BTS Labs Community: Does it only support PC devices? Will it be compatible with Android devices and also IOS? Will it be released first in the desktop version or mobile version?
Kevin Kim (CBO of ONBUFF): Great question. We are currently aiming to build our project to perfection in mobile first with compatibility with both Android and IOS. But ONBUFF team understands that supporting multiple devices is a critical value to success.
Q3:
BTS Labs Community: Currently most investors only care about profits at the moment but ignore the long-term benefits. So can ONBUFF give them some advice on why they should buy and hold this token/coin in the long term?
Kevin Kim (CBO of ONBUFF): It is true that investors care about profits and it is their right to chase profit. We believe that ONBUFF team and our projects should provide the long-term goal to persuade users to keep their eyes on us. We recommend users to DYOR about ONBUFF’s history plus ONBUFF’s IP. If you like games such as “Ragnarok,” “King of Fighters,” “Metal Slug,” and so on, ONBUFF is the right project that you should keep watching.
Q4:
BTS Labs Community: Is your most unique feature ONBUFF when compared to current P2E games? As players now don’t really focus on the long-term development of the game, they just focus on the first stage of the project and the price. So do you have any plan to maintain and increase the number of users?
Kevin Kim (CBO of ONBUFF): Both games “The Labyrinth of Ragnarok” and “Ragnarok: Poring Merge” which combine NFT items and P2E methods using RAGNAROK IPs. RAGNAROK have surpassed 120 million global cumulative accounts already. Gravity has developed high quality games for a long time and it’s just the start of making blockchain game.We will maintain this business as a future business. Players can get rewards by playing this game easily. We expect many traditional players will join our blockchain game.
Q5:
BTS Labs Community: Where can I buy your tokens right now? What is your current contract and how can I buy them? Will you have any other DeFi features like staking, yield farm or NET in the future?
Kevin Kim (CBO of ONBUFF): ONBUFF’s token ONIT is listed in several exchanges (search ONIT in coinmarketcap). As we have mentioned in our Medium, ONBUFF is developing DeFi which will be integrated with game tokens in INNO Platform. So features such as staking governance token, yield farming and NFT will be available soon. Please follow our Medium to get the latest news.
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