Dear Lumozers,
We are thrilled to announce that the final round of the Lumoz Quidditch incentive testnet officially concluded on September 27 at 16:00 (UTC+8). This event, which began on August 27, lasted a month and attracted enthusiastic participation from regular users, outstanding project teams, zkVerifier nodes, developers, and more. Today, we are excited to share the remarkable achievements of the Quidditch testnet and provide details on the upcoming points redemption process, ensuring a smooth transition from the testnet to the future mainnet.
Testnet Data Performance:
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Regular User Participation: 1,000,000+
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Ecosystem Project Participation: 30+
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Nodes Operated: 750+
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License Staking: 58,000+
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Verifications Submitted: 7,230,356
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Total Community Size: 1,600,000+
The Quidditch incentive testnet introduced the Lumoz-developed Quidditch Bot TG game, allowing participants to enjoy the game while sharing a prize pool of 50 million esMOZ tokens. The event received support from over 30 top ecosystem projects, including OKX Wallet and Bitget Wallet, which provided generous rewards and designed unique tasks, greatly enhancing the user experience.
In the core part of the event, participants operated verification nodes by staking tokens, experiencing the decentralized nature of the network firsthand. At the end of the event, the number of participating nodes reached 752, with 58,183 licenses staked and a total of 154,414 participants in the staking tests. The total number of verifications submitted was 7,230,356. These figures clearly demonstrate the stability and scalability of the Lumoz network.
About Points Inquiry and Redemption
This event released a total of 50 million points, with sources including points earned by exchanging through the Golden Snitch with magic stones, points from participating in ecosystem project tasks, and points earned from advanced tasks like node testing. We will distribute the points fairly based on participation, contribution, and task completion, ensuring that every point is treated fairly and transparently. Currently, participants in the game can check their points on the leaderboard within the Bot. Please note that the statistics for points earned from the other 25 ecosystem activities are still being finalized by the team and are expected to be completed by October 10. At that time, all users will be able to view their cumulative points from various stages via the official website link.
Points redemption is also a top priority for everyone. According to the official documentation, 50 million points can be exchanged on a 1:1 basis for 50 million esMOZ. Holders of esMOZ will gain the right to participate in Lumoz ecosystem governance. To ensure ecosystem stability, the exchange rules between MOZ and esMOZ will have different ratios for various time periods. esMOZ will also have a reasonable lock-up period, and redemption can be canceled at any time. For detailed information on points distribution and token exchange progress, please stay tuned to Lumoz's social media and Discord community.
Mainnet Launch: A New Chapter Awaits
Lumoz, as a globally distributed modular computing network, provides users with a powerful, secure, and flexible computing platform. The uniqueness of this architecture not only enables Lumoz to deliver efficient performance but also allows for personalized solutions across various scenarios. In this context, the launch of the final round of the Quidditch testnet is particularly significant.
In the first half of this year, Lumoz successfully completed its Pre-A round and strategic financing, totaling $14 million, with a new round of funding valued at up to $300 million. Participating institutions include OKX Ventures, HashKey Capital, KuCoin Ventures, Polygon, IDG Blockchain, and others, reflecting the capital market's optimism and expectations for Lumoz. This also provides Lumoz with stronger financial resources to maintain and innovate its technology and products.
With the testnet activities concluded, the team is currently preparing for Lumoz's mainnet launch and TGE. 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 Layer 2 solutions, further develop existing products like ZKFair and Merlin Chain, and introduce more Layer 2 chains to provide innovative solutions for various industries, driving progress across the entire blockchain ecosystem.
Final Thanks and Outlook
To date, Lumoz has successfully completed three rounds of testnets: Pre-Alpha, Alpha, and Quidditch. The success of these testnets is undoubtedly due to the contributions of every participant. Your enthusiasm, feedback, and suggestions are invaluable nutrients for Lumoz's growth. We would also like to extend our special thanks to the 200+ ecosystem partners and millions of community users who have supported us since Lumoz's inception.
Based on our past successes, we believe that the launch of the Lumoz mainnet and TGE before the end of 2024 will achieve remarkable results! Let us join hands and witness the arrival of the zero-knowledge computing era, creating a bright future for Lumoz together!