Today, we are excited to announce that the modular compute layer & RaaS platform Lumoz will launch its mainnet and conduct the TGE within a week.
Bangkok, Thailand, 6th December 2024, ZEX PR WIRE, A month ago, Lumoz opened esMOZ token airdrop queries and launched the Lumoz OG NFT campaign. To date, over 3 million users have participated in the airdrop queries, and more than 100,000 NFTs have been claimed. The scale of these activities and the large number of participants further demonstrate the community’s immense enthusiasm and support for Lumoz’s future development.
In this article, we will provide everything you need to know about Lumoz and the essential details about the unmissable TGE!
-
Lumoz Development Journey
-
TGE Timeline
-
MOZ Tokenomics
-
Potential Participation Opportunities
-
Conversion Between esMOZ and MOZ
-
Conclusion
-
Lumoz Development Journey
Lumoz is a leading modular compute layer and ZK-RaaS platform, with a total funding of $14 million. Participating investors include OKX Ventures, HashKey Capital, IDG, Web3port, and Polygon.
In terms of market performance, since the launch of its testnet in May 2023, Lumoz has successfully completed three testnet phases: Pre-Alpha, Alpha, and Quidditch. The platform has attracted over 3 million users and gained support from more than 100 top-tier ecosystem projects, growing Lumoz’s community to 3 million members.
On the technological front, Lumoz remains at the forefront of the industry. Leveraging its “one-click Layer 2 deployment” technology, Lumoz has provided technical services and support to over 20 high-quality projects and Layer 2 platforms, including CARV, UXLINK, ZKFair, Merlin Chain, Matr1X, and Ultiverse.
-
TGE Timeline
With the launch and conclusion of the large-scale airdrop and OG NFT campaigns, the Lumoz mainnet launch and TGE are fast approaching. We will also announce the listing timeline soon, so please stay tuned!
-
MOZ Tokenomics
On December 5, Lumoz announced the tokenomics for MOZ. The total supply of MOZ tokens is 10 billion, with 66% allocated to the community, ecosystem, nodes, and miners. The initial circulating supply is approximately 11%. The token distribution is as follows: 25% to the zkProver network, 25% to zkVerifier nodes, 16% to early contributors, 18% to early investors, 10% to the ecosystem, and 6% to the community. MOZ tokens will be gradually unlocked over the next 10 years, after which the entire supply will be in circulation, with no additional issuance.
More info:https://x.com/LumozOrg/status/1864688725273530507
-
Potential Participation Opportunities
- esMOZ Airdrop Query
On November 5, Lumoz officially announced the esMOZ airdrop event. The esMOZ airdrop accounts for 10% of the total supply, valued at over $30 million based on a $300 million valuation.
The airdrop covers Lumoz node holders, early Lumoz participants, users in the Ethereum and Move ecosystems, including Layer 2 solutions such as Aptos and SUI, PoW testnet participants, as well as users from the Lumoz ecosystem chains like Merlin Chain, ZKFair, Ultiverse, and Matr1x. Additionally, Lumoz conducted airdrops for high-quality project partners and community users from CARV, UXLINK, and other prominent projects.
Airdrop query portal: https://lumoz.org/airdrop
-
Lumoz OG NFT Events
-
Lumoz zkVerifier Node Public Sale
-
Conversion Between esMOZ and MOZ
-
Shortest conversion period: 30 days, with a conversion ratio of 1:0.25 (25%). The remaining 75% of esMOZ will be burned during conversion.
-
Medium conversion period: 90 days, with a conversion ratio of 1:0.5 (50%). The remaining 50% of esMOZ will be burned during conversion.
-
Longest conversion period: 180 days, with a conversion ratio of 1:1 (100%).
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Infobeat Today journalist was involved in the writing and production of this article.