Lumoz: Pioneering the Future of Decentralized Computing

Revolutionizing the Blockchain Landscape
The Lumoz Network stands at the forefront of blockchain innovation as a globally distributed modular computing network. By integrating with the Decentralized Physical Infrastructure Network (DePIN), Lumoz offers a powerful, secure, and flexible computing platform designed to meet the needs of users worldwide. At its core, Lumoz is dedicated to advancing zero-knowledge proof (ZKP) services, supporting the development of Rollup networks, and providing robust computational power for cutting-edge technologies like artificial intelligence (AI). In an era where computational costs in the zero-knowledge computing field are soaring, Lumoz leverages its extensive experience to innovate and optimize circuits and algorithms, significantly enhancing computational efficiency. This breakthrough effectively addresses the high costs and low efficiency plaguing Rollup projects, while also lowering the barriers for ordinary users to participate in the ZK computing market.

Visionaries Behind Lumoz
Lumoz, formerly known as Opside, was co-founded in Hong Kong by Liu Sheng (NanFeng) and Jeffrey Yang. With a shared vision of democratizing access to advanced computing resources, Liu and Yang have assembled a team of experts committed to pushing the boundaries of what’s possible in blockchain technology. Their leadership has been instrumental in guiding Lumoz from its inception to its current status as a trailblazer in the industry.

Funding Milestones and Market Valuation
Since its inception, Lumoz has completed two funding rounds, both classified as Seed rounds. The largest of these occurred on April 7, 2023, raising $6 million. As of April 8, 2024, Lumoz’s valuation stood at an impressive $120 million. The most recent funding round on May 29, 2024, saw contributions from prominent institutional investors such as IDG Blockchain, Blockchain Coinvestors, OKX, and Web3.com Ventures, though the amount raised remains undisclosed. To date, Lumoz has secured a total of $6 million in funding, underscoring the confidence investors have in its transformative potential.

Community and Culture
The Lumoz community is thriving, characterized by a collaborative and forward-thinking atmosphere. With thousands of active participants worldwide, the community is a vibrant hub of innovation and support. Enthusiasts and developers alike are drawn to Lumoz’s inclusive environment, where sharing knowledge and fostering growth are paramount. This strong community foundation not only propels Lumoz’s technological advancements but also ensures a resilient and dynamic support network for all its members.

The Competitive Edge: Lumoz’s Core Advantages
Lumoz’s core competitive advantage lies in its innovative approach to zero-knowledge computation and its ability to make these advanced technologies accessible to a broader audience. The upcoming zkVerifier Node exemplifies this, allowing users with just a standard server to easily join and participate in the zero-knowledge computation verification process. This significantly reduces the participation threshold, enabling more people to contribute to and benefit from the Lumoz DePIN network. Moreover, Lumoz’s commitment to providing a high-performance, low-gas execution environment while maintaining a high level of decentralization sets it apart from other solutions.

Financial Ecosystem: The Role of MOZ and esMOZ Tokens
Central to the Lumoz Network’s financial ecosystem are the MOZ and esMOZ tokens. MOZ tokens serve as the native currency, essential for all transactions and service payments within the network. Meanwhile, esMOZ tokens are used to reward nodes that provide computational power, security, and stability. These tokens also play a crucial role in the network’s delegation mechanism, promoting decentralized governance. The ability to redeem esMOZ tokens for MOZ tokens at varying rates based on the redemption period adds flexibility and incentivizes long-term participation.

Ensuring Community Confidence: The Buyback Guarantee
To safeguard the interests of its global community, Lumoz has established a robust refund mechanism. The refund window will open six months after the Token Generation Event (TGE), allowing users who are dissatisfied for any reason to apply for a refund. Lumoz will unconditionally refund 80% of the initial payment amount, provided users return all produced tokens and NFTs. This buyback guarantee demonstrates Lumoz’s commitment to maintaining trust and confidence within its community.

Lumoz's Luminous Future
The future of Lumoz is bright, with ongoing developments and innovations poised to further enhance its offerings. The company’s dedication to solving complex computational challenges and making advanced technologies more accessible will continue to drive its growth. As Lumoz progresses, it remains committed to its mission of creating an open and fair DePIN computing platform for users worldwide. With strong leadership, a supportive community, and a clear vision, Lumoz is well-positioned to lead the next wave of blockchain innovation.
By addressing the pressing needs of today’s decentralized computing landscape, Lumoz is not just keeping pace with technological advancements—it is defining the future. Join us on this exciting journey as we continue to push the boundaries and unlock new possibilities in the world of blockchain.