MOZ

1. Project introduction

The Lumoz Protocol, as a globally distributed modular computing protocol, offers a powerful, secure, and flexible computing platform for users worldwide. Lumoz Protocol 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 artificial intelligence (AI). Facing the current challenges of computational costs in the zero-knowledge computing field, Lumoz Protocol 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. 

2. Team introduction

NanFeng, the co-founder and CEO of Lumoz, graduated from Tsinghua University and previously worked at ByteDance, where he played a key role as a core developer in building and iterating the underlying architecture of multiple projects. He is also the founder of Trustless Labs.

3. Investment institution

In the first half of 2024, Lumoz completed its Pre-A and strategic financing rounds, bringing its total funding to an impressive $14 million. The latest financing round valued the company at $300 million, with participating institutions including OKX Ventures, HashKey Capital, KuCoin Ventures, and Polygon.

4. Token application and distribution

Token application:

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

All transactions conducted within the Lumoz protocol require MOZ tokens as fees.

Utilizing the zero-knowledge proof (ZKP) computation and artificial intelligence (AI) services provided by the Lumoz network requires payment of MOZ tokens as resource usage fees.

MOZ tokens can be exchanged for esMOZ tokens at a 1:1 ratio to adapt to a wider range of application scenarios.

esMOZ Token: Symbol of Incentives and Participation.

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

As a reward for nodes providing computational power, security, and stability to the Lumoz protocol (including zkProver and zkVerifier nodes), esMOZ tokens serve as recognition and retribution for participants and contributors.

esMOZ tokens are used in the network's staking mechanism, acting as tokens for participating in staking and promoting decentralized governance of the network.

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.

Token distribution:

Community - 6%: Reward community users and early adopters

Ecosystem - 10%: Reserved for early liquidity, future marketing, hiring expenditure and expanding Lumoz ecosystem

Contributors - 16%: Reward team members, core contributors, protocol developers

Investor Round 1 - 10%: Seed round fundraising

Investor Round 2 - 8%: Pre-A round & strategic fundraising

zkVerifier Node - 25%: Rewards for zkVerifier Node Operators that provide ZK & AI verification services

zkProver Network - 25%: Reward zkProver miners that provide ZK & AI computing power