We&#39;re thrilled to announce the forthcoming of Lumoz’s esMOZ airdrop, distributed to all sort of contributors! This milestone wouldn&#39;t have been possible without the dedication and contributions of our vibrant community. Over the last two years, our community has supported Lumoz through key phases: the Pre-Alpha testnet engaged 87,567 active participants, the Alpha testnet attracted 286,179 followers, and participation in the Quidditch testnet exceeded one million. These numbers underscore the community’s strong support and trust in Lumoz. Your contributions have driven invaluable feedback, strengthening Lumoz’s technical foundation and shaping our ecosystem&#39;s growth. This airdrop is our way of expressing gratitude for your continued support and is a significant step toward our journey into the next chapter.<h2 id="header-0">Airdrop Rules</h2>Airdrop Inquiry Link: <a href="https://lumoz.org/airdrop" rel="noopener noreferrer nofollow">https://lumoz.org/airdrop</a>Lumoz Tokens have a total supply of 10 billion, with 10% (1 billion esMOZ tokens) dedicated to this airdrop. Based on our recent valuation, this represents a value of approximately $30 million. The exchange rate for esMOZ to MOZ will be 1:1, and the exchange will follow an unlocking schedule as detailed in our official documentation (<a href="https://docs.lumoz.org/" rel="noopener noreferrer nofollow">https://docs.lumoz.org/</a>). As the largest airdrop in Lumoz&#39;s history, it will target early adopters, Lumoz PoW &amp; node holders, ecosystem contributors, and active participants from ecosystems like ETH, Celestia, and the Move Ecosystem.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/f218763d76f0404b9b3899a7992b2952.png" />Detailed Eligibility Criteria:1. Early Lumoz Participants: Lumoz Point holders will receive esMOZ on a 1:1 basis for points held. Users with over 500 points will also receive bonus esMOZ airdrops.2. Lumoz PoW Testnet Participants: From November 5 to December 5, Lumoz will host ZK mining on the testnet. Participants will earn esMOZ airdrops proportional to MOZ test tokens mined during this period. Updated rewards will be available on the airdrop page.3. Lumoz zkVerifier Node Holders: Holders of the Lumoz zkVerifier License, as captured in the October 26 snapshot, are eligible for airdrops.4. Lumoz Ecosystem Users: This includes users of Lumoz RaaS services in projects like Merlin Chain, ZKFair, Ultiverse, and Matr1x. Active users in these ecosystems will receive direct airdrops, visible on the official airdrop page starting November 5. This portion of the airdrop will consist of two parts: (1). The first part will be directly airdropped to active addresses in the ecosystem, which can be checked on the Lumoz official airdrop page starting November 5. (2). The second part will be airdropped to users participating in ecosystem-related activities. After the events conclude, the esMOZ earned through participation will be updated on the Lumoz official airdrop page. Please follow official updates from each ecosystem for specific activity times.5. Active Users in Ecosystems like ETH, Celestia, and Move: Eligible users include: (1). Participants interacting with major DeFi projects in ETH, including Ethereum, Polygon, and Arbitrum over the past six months. (2). Significant stakers in the Celestia network. (3). Active users engaging with leading DeFi projects in Move, primarily Aptos and Sui, within the past six months.please note that the airdrop inquiry period will last one month, during which specific claim details will be announced.<h2 id="header-1">NFT Activity Coming Soon</h2>After obtaining esMOZ, users are naturally most concerned about the exchange rules. Lumoz&#39;s official documentation has previously stated that the exchange ratio between esMOZ and MOZ is 1:1, although there will be a certain unlocking period. While this setup is designed for Lumoz&#39;s long-term development, there have been voices in the community expressing a desire for an earlier unlocking. We value the feedback from every community user, which is why we have introduced an NFT section that will allow users to directly exchange a certain amount of esMOZ for MOZ.<img src="https://t5n2wbylx8n.sg.larksuite.com/space/api/box/stream/download/asynccode/?code&#61;OGQ1MTMyM2MxMDc5ZThlMjBlNDUwOTU0NDA5OGQxZmRfY0NyN2JJRnloNVQxUVJPQ1RWNlM3b1pkczByUlFvVElfVG9rZW46T1RuQWI0RnBhb05LWVF4dFJBaGw5S2tkZ3BnXzE3MzA3OTU4MzA6MTczMDc5OTQzMF9WNA" />NFTs will be set at different levels, with each level offering varying esMOZ exchange limits. In the future, NFTs will also support free circulation, allowing users to exchange according to their needs for flexible asset management. We will announce the rules for obtaining NFTs shortly, so stay tuned!This airdrop marks just the beginning for Lumoz. Follow our official Twitter for updates and stay informed on our journey forward.<h2 id="header-2">About Lumoz</h2>Lumoz is a leading modular computing layer and ZK-RaaS platform, delivering computation for Rollups, ZK-ML, and ZKP verification through its PoW mining system. Earlier this year, Lumoz completed its Pre-A funding round, raising $14 million with backing from prominent investors like OKX Ventures, HashKey Capital, KuCoin Ventures, Polygon, and IDG Blockchain. With over 1.5 million users, 200&#43; projects, 28,137 validators, and 145 PoW miners engaged, Lumoz’s mainnet is set to launch by year’s end.

Lumoz Unveils esMOZ Airdrop Details

Table of Contents

Lumoz

Other articles published on Nov 5, 2024

Missed the AAVE Bullish Ride? This New Presale Can Turn Your Thousands into Millions

Arthur Hayes’ Bold Take on Solana: The High-Beta Bitcoin Alternative

Uniswap Launches Permissionless Cross-Chain Bridging on Nine Networks, Including Polygon and ZKsync

Dogecoin Up 8% Despite Overall Market Drop Pre-election

IOTA’s Asset Tokenization Path: Researcher Analyzes DeFi and Tokenization’s $68 Trillion Future

Aave whales on a selloff spree: can the altcoin survive the dump?

Join our free newsletter for daily crypto updates!