As a globally distributed modular computing network, Lumoz provides users with a powerful, secure, and flexible computing platform.
Dear Lumozers,
We are excited to announce that the final round of the Quidditch incentive testnet event of Lumoz officially ended at 16:00 (UTC+8) on September 27th. This grand event, which started on August 27th, lasted for a month and attracted enthusiastic participation from ordinary users, outstanding project parties, zkVerifier nodes, developers, and more. Today, we are delighted to share the remarkable achievements of the Quidditch testnet and provide details on the later point redemption rules to ensure a smooth transition from the testnet to the future mainnet.
Testnet Data Performance:
Ordinary user participation: 1 million+
Ecological project party participation: 30+
Node operation: 750+
License staking: 58,000+
Verifications submitted: 7,230,356
Total community size: 1.6 million+
The Quidditch incentive testnet introduced the Quidditch Bot TG game specially developed by Lumoz, allowing participants to enjoy the game while sharing a prize pool of 50 million esMOZ tokens. The event received support from over 30 top ecological projects such as OKX Wallet, Bitget Wallet, which provided generous rewards and designed unique tasks, greatly enriching the user experience.
In the core part of the event, participants experienced the decentralized nature of the network by staking tokens to operate verification nodes. At the end of the event, the number of participating nodes reached 752, with 58,183 licenses staked and 154,414 people participating in staking tests, resulting in a total of 7,230,356 verifications submitted. These data fully demonstrate the stability and scalability of the Lumoz network.
Point Query and Redemption
This event released a total of 50 million points, which were obtained through winning points by playing the Quidditch Bot TG game, participating in ecological project tasks, and advanced tasks related to participating in node testing. We will allocate points fairly and transparently based on participation, contribution, and task completion. Each point will be treated fairly and transparently.
Currently, participating users in the game can check their point acquisition status in the Bot's Leaderboard. It should be noted that the team is currently conducting the final statistics for the point acquisition status of the remaining 25 ecological activities and is expected to be completed by October 10th. At that time, all users will be able to check their cumulative point acquisition status in various stages at the official website link.
(Point query entrance: https://lumoz.org/lumoz-points)
Point redemption is also a top priority for everyone's attention. According to official documents, the 50 million points can be exchanged 1:1 for 50 million esMOZ. esMOZ holders will have the right to participate in Lumoz's ecological governance. To ensure ecological stability, there are different exchange rules between MOZ and esMOZ at different time periods, and esMOZ will have a reasonable lock-up period, with the option to cancel the exchange at any time. Please stay tuned for detailed point allocation and token redemption progress on Lumoz social media and Discord community.
Mainnet Launch: A New Chapter Unfolding Soon
Lumoz, as a globally distributed modular computing network, provides users with a powerful, secure, and flexible computing platform. This unique architecture not only gives Lumoz efficient performance but also provides personalized solutions in various scenarios. In this context, the launch of the final round testnet, the Quidditch testnet, is particularly important.
In the first half of this year, Lumoz successfully completed Pre-A round and strategic financing, totaling $14 million. The new round of financing has a valuation of up to $300 million, with participating institutions including OKX Ventures, HashKey Capital, KuCoin Ventures, Polygon, IDG Blockchain, demonstrating the capital market's optimism and expectations for Lumoz, and providing Lumoz with stronger financial strength to maintain and innovate its technology and products.
The testnet event has ended, and the team is currently preparing for the launch of Lumoz's mainnet and various TGE matters. The mainnet will inherit the excellent features of the testnet, including high performance, strong security, and good scalability. At the same time, we plan to deploy and support multiple L2 solutions, further develop existing products such as ZKFair and Merlin Chain, and introduce more L2 chains to provide innovative solutions for more industries, driving progress in the entire blockchain ecosystem.
Final Thanks and Outlook
As of now, Lumoz has successfully run three rounds of testnets, and the success of the Pre-Alpha, Alpha, and Quidditch testnets is inseparable from the contributions of every participant. Your enthusiasm, feedback, and suggestions are valuable nutrients for the growth of Lumoz. We also extend special thanks to the 200+ ecological partners and tens of millions of community users who have supported Lumoz since its inception. Based on the success of previous stages, we believe that the launch of the Lumoz mainnet and TGE will achieve good results!
Let's work together and witness the arrival of the zero-knowledge computing era, and create a bright future for Lumoz together!
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