Lumoz is a globally distributed modular computing protocol that provides advanced zero-knowledge proof (ZKP) services, supports the development of Rollup networks, and delivers robust computational power for technologies like artificial intelligence (AI). By leveraging extensive experience in the ZKP domain, Lumoz innovates and optimizes circuits and algorithms to enhance computational efficiency, addressing high costs and low efficiency in Rollup projects and lowering barriers for users to participate in the ZK computing market.
Tokenomics
The native token of the Lumoz protocol is MOZ, which plays a crucial role in various aspects of the network:
- Transaction Fees: All transactions within the Lumoz protocol require MOZ tokens as fees.
- Service Payments: Utilizing ZKP computation and AI services provided by the Lumoz network requires payment of MOZ tokens as resource usage fees.
- Token Exchange: MOZ tokens can be exchanged for esMOZ tokens at a 1:1 ratio to adapt to a wider range of application scenarios.
The total token supply of MOZ is 10 billion, with allocations as follows:
- zkProver Network: 25%
- zkVerifier Nodes: 25%
- Early Contributors: 16%
- Early Investors: 18%
- Ecosystem: 10%
- Community: 6%
Underlying Technology
Lumoz operates as a modular computing layer, combining with the Decentralized Physical Infrastructure Network (DePIN) to offer a powerful, secure, and flexible computing platform. This infrastructure supports advanced ZKP services and the development of Rollup networks, enhancing computational efficiency for AI and other cutting-edge technologies.
Investors and Funding
Lumoz has attracted significant investment from prominent venture capital firms:
- April 2023: Raised $6 million in a seed funding round with participation from OKX Ventures, Web3.com Ventures, and others.
- May 2024: Completed a strategic funding round with investors including IDG Blockchain, Blockchain Coinvestors, Gate Ventures, and more.
Development Status
Since its inception, Lumoz has achieved several milestones:
- Testnet Phases: Successfully completed three testnet phases—Pre-Alpha, Alpha, and Quidditch—demonstrating the platform's capabilities and readiness for broader deployment.
- Node Operations: Provides detailed documentation for setting up zkProver and zkVerifier nodes, enabling users to participate in the network's computational processes.
Potential and Future Prospects
Lumoz is poised to play a pivotal role in the blockchain ecosystem by:
- Enhancing Scalability: Optimizing ZKP processes to maximize computing resource utilization and improve computational efficiency, thereby addressing scalability challenges in blockchain networks.
- Lowering Entry Barriers: Offering a ZK-Rollup as a Service (ZK-RaaS) platform to reduce the entry barrier for developers, fostering innovation and broader adoption of ZK-Rollup technology.
- Expanding Ecosystem: Continuing to attract investment and strategic partnerships to support the development and expansion of its modular computing power layer.
References
- "Welcome to Lumoz" – Lumoz Docs: https://docs.lumoz.org/
- "Utility" – Lumoz Docs: https://docs.lumoz.org/tokenomics/utility
- "Allocation & Distributions" – Lumoz Docs: https://docs.lumoz.org/tokenomics/allocation-and-distributions
- "Lumoz Successfully Concludes Strategic Round" – HackerNoon: https://hackernoon.com/lumoz-successfully-concludes-strategic-round-registration-of-decentralized-nodes-will-be-opened
- "Lumoz Yields $6 Million Funds and Closes Its Series B Round" – Cryptopolitan: https://www.cryptopolitan.com/lumoz-6-million-funds-valuation-120-million/
- "Lumoz: A New Paradigm for Rollup Platformization" – HackerNoon: https://hackernoon.com/lumoz-a-new-paradigm-for-rollup-platformization
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