The information contained in this research article is derived exclusively from publicly available sources related to the project. This article is intended solely for informational purposes and is a compilation and analysis of publicly disclosed information. This article does not constitute financial or investment advice. Readers are strongly encouraged to conduct their own research and due diligence before making any decisions related to this project.

TL;DR

a) As a globally distributed modular computing network, the Lumoz network is dedicated to providing advanced zero-knowledge proof (ZKP) services, supporting the development of Rollup networks, and offering robust computational power services for cutting-edge technologies such as AI.

b) The MOZ token is the native token of the Lumoz network, used for:

• Gas for all transactions
• Resource usage fees in exchange for using the zero-knowledge proof (ZKP) computation and artificial intelligence (AI) services provided by the Lumoz network
• Reward for participating nodes and for the network’s delegation mechanism

c) Lumoz has raised $14 million from OKX Ventures, HashKey Capital, IDG Blockchain, Polygon, NGC Ventures, KuCoin Ventures, Web3Port, Gate Ventures, Summer Ventures, and more. The latest valuation of Lumoz stands at $300 million.

d) The Lumoz zkVerifier nodes validate the computations of the zkProver Node to ensure the accuracy of results and the reliability of the network. zkVerifier nodes are rewarded with 25% of the total Lumoz  MOZ supply.

e) All of the Lumoz zkVerifier Node rewards will be distributed linearly within 36 months after the TGE.

f) There are 3 major node sale rounds:

• Pre-sale round, starting on 06-17-2024
• White-list round, starting on 06-25-2024
• Public round, starting on 07-03-2024

g) zkVerifier node prices are categorized into 10 tiers, with prices ranging from $200 to $704.

1 Business Model

1.1 Snapshot

The Lumoz Network, as a globally distributed modular computing network, combines with the DePIN network to offer a powerful, secure, and flexible computing platform for users worldwide.

Lumoz Network is dedicated to providing advanced zero-knowledge proof (ZKP) services, supporting the development of Rollup networks, and delivering robust computational power for cutting-edge technologies like AI.

1.2 Value Proposition

Facing the current challenges of computational costs in the zero-knowledge computing field, Lumoz Network leverages its extensive experience in the ZKP domain, innovating and optimizing circuits and algorithms to significantly enhance computational efficiency. This effectively addresses the high costs and low efficiency issues faced by Rollup projects, while also lowering the barriers for ordinary users to participate in the ZK computing market.

1.3 User Base (as of 08-19-2024)

• Twitter followers: 250.2K
• Discord members: 194K

2 Technical Architecture

The Lumoz compute layer, serving as the computational module, possesses the following characteristics:

• Decentralized Computing: The Lumoz computational layer operates as a blockchain network, employing a hybrid consensus mechanism of Proof of Stake (POS) and Proof of Work (POW) to ensure decentralized computing power. This architecture provides continuous ZKP computing capacity for zkRollups and offers a secure data processing and model training environment for AI applications.
• Robust Computational Stability: Comprised of thousands of GPU/CPU nodes, Lumoz computing nodes ensure not only the continuous computational capacity for ZKP and ZKFP but also support large-scale parallel computing required by AI, guaranteeing the efficient execution of computational tasks.
• Wide Compatibility: Lumoz is highly compatible with mainstream Rollup solutions in the blockchain industry, such as Polygon zkEVM, zkSync, Scroll, and Starknet. It also caters to various computational needs in the AI field, providing strong support for different tech stacks through its unique computing mechanism.
• Cost-Efficiency: The decentralized computing layer of Lumoz combines a comprehensive economic model, resulting in low-cost ZKP generation. This cost-efficiency is equally applicable to AI computational tasks, providing users with an economical and efficient solution for AI and blockchain computing.

3 Tokenomics

3.1 Token Usage

a) MOZ Token: The Core Asset of the Lumoz Network

The MOZ token is the native token of the Lumoz network, playing a crucial role in various key areas of the network:

• Transaction fees for all transactions conducted within the Lumoz network.
• Resource usage fees for utilizing zero-knowledge proof (ZKP) computation and artificial intelligence (AI) services provided by the Lumoz network.
• MOZ tokens can be exchanged for esMOZ tokens at a 1:1 ratio to adapt to a wider range of application scenarios

b) esMOZ Token: Symbol of Incentives and Participation

The esMOZ token plays a significant role in the ecosystem of the Lumoz network:

• Reward token for nodes providing computational power, security, and stability to the Lumoz network (including zkProver and zkVerifier nodes)
• Token for the network's delegation mechanism and decentralized governance.
• esMOZ tokens can be redeemed for MOZ tokens based on different redemption periods, with the redemption rate varying according to the length of the redemption period.

3.2 Token Distribution and Vesting

The total MOZ supply is 10,000,000,000 tokens, and 25% of the total supply is allocated to zkVerifier nodes. zkVerifier nodes are also eligible for potential token airdrops for the new Lumoz ecosystem chains.

4 zkVerifier Node

4.1 What is a zkVerifier Node?

zkVerifier is a key component in the Lumoz architecture, responsible for verifying the ZKPs generated by zkProver. It ensures the correctness and validity of the proofs submitted to the chain, safeguarding the trust and security of the system. Through optimized verification processes, zkVerifier efficiently processes proofs, reducing operational costs and gas consumption.

Users need to first purchase zkVerifier node licenses from the node sale rounds, then keep nodes running to receive rewards.

The zkVerifier node sale will have three stages: Pre-sale Round, Whitelist Sale Round, and Public Round. Pre-sale Round is open to Lumoz’s partner organizations.

• Pre-sale round, starting on 06-17-2024
• White-list round, starting on 06-25-2024
• Public round, starting on 07-03-2024

4.2 Node Sale Dynamics

Licenses are divided into 10 tiers as shown below:

Source: https://docs.lumoz.org/purchase-zkverifier-node-and-set-up/license-tiers

4.3 Node Reward

After TGE, tokens will be released once every epoch based on the number of online nodes and staked status in that epoch. All 25% of token supply allocated to zkVerifier nodes will be released linearly within 36 months after TGE.

5 Sources

a) https://docs.lumoz.org/

b) https://www.theblock.co/post/286969/lumoz-crypto-funding-token-round-valuation

c) https://x.com/LumozOrg

d) https://discord.com/invite/lumozorg