Lumoz Quidditch testnet ends with over 1 million users participating, mainnet may be launched in Q4

Lumoz, a modular computing layer and RaaS platform, announced that the last round of Quidditch incentive testnet activities officially ended at 16:00 today (UTC+8). The activity lasted for one month and attracted the active participation of more than 1 million ordinary users, more than 30 ecological project parties and 752 verification nodes. During the event, more than 58,183 licenses participated, more than 154,414 people participated in the staking test, and the cumulative number of verification submissions reached 7,230,356. This event released a total of 50 million Lumoz points and 30+ top ecological project points/token incentives. All rewards will be fairly distributed based on participation, contribution and task completion. To ensure the fairness and justice of the points, the Lumoz team is currently conducting statistics, which is expected to be completed in about a week. At that time, users will be able to view the points of each stage in the official website link. Lumoz is currently actively preparing for the mainnet. At that time, users can exchange the points they have earned for esMOZ at a 1:1 ratio after the mainnet is launched, and esMOZ holders will have the right to participate in the governance of the Lumoz ecosystem. According to previous news, in the first half of this year, Lumoz successfully completed the Pre-A round and strategic financing, with a total of US$14 million. The latest round of financing was valued at US$300 million, with participating institutions including OKX Ventures, HashKey Capital, KuCoin Ventures and Polygon.