High performance, low cost, easy deployment: a closer look at how Lumoz injects growth momentum into $MOZ

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远山洞见2024/12/11 07:01

By:远山洞见

I. Project introduction

Lumoz Protocol is a globally distributed Modularization computing protocol, dedicated to providing users with a powerful, secure, and flexible computing platform. By providing Zero-Knowledge Proof-as-a-Service (ZK-RaaS), Lumoz helps developers build ZK-Rollup in a simple way and quickly deploy zkEVM application chains without deep technical background. This low-threshold deployment model provides great convenience for Rollup developers and users.

Faced with the high cost and efficiency bottleneck in the ZK computing field, Lumoz incentivizes zkProvers to provide computing power by optimizing circuits and algorithms, introducing the ZK-PoW mechanism, reducing computing costs and ensuring decentralized computing. Its Modularization three-layer infrastructure ensures consensus and data availability, providing stable computing support for Rollup projects and AI applications.

Lumoz is compatible with mainstream Rollup solutions such as Polygon zkEVM, zkSync, Scroll, and Starknet, while providing efficient large-scale parallel computing capabilities for the AI field. Through cost-effective decentralized computing services, Lumoz is building a more open and fair ZK and AI computing ecosystem for global users.

High performance, low cost, easy deployment: a closer look at how Lumoz injects growth momentum into $MOZ image 0

II. Project highlights

1. Simple and easy-to-use ZK-RaaS service

Lumoz provides a zero-knowledge proof-as-a-service (ZK-RaaS) platform. Developers do not need a strong technical background and can create ZK-Rollup in just a few simple steps. The platform supports the rapid deployment of zkEVM application chains, significantly reducing the technical threshold for development and construction, and providing convenient ZK solutions for more teams and projects.

2. Decentralization and low-cost computing

Lumoz incentivizes zkProvers to provide computing power and reduce the cost of generating ZK proofs through a hybrid consensus mechanism of PoS and ZK-PoW. In addition, the decentralized computing network avoids centralized bottlenecks, ensures cyber security and efficiency, and enables more customer engagement in the ZK computing market.

3. High performance and scalability

Lumoz supports custom gas tokens, bringing excellent scalability to economic models. Its high-performance computing network consists of a large number of GPU/CPU nodes, capable of parallel processing of large-scale computing tasks, providing continuous and efficient computing power for ZK proofs and AI applications, meeting the needs of different technical scenarios.

4. Secure and stable decentralized protocol

Lumoz ensures the security of data, transactions, and cross-chain bridges. All generated data is hashed and securely stored to ensure the safe operation of ZK-Rollup and AI applications. The decentralized protocol design provides higher security to prevent single points of failure and data tampering risks.

5. Wide compatibility and flexible application

Lumoz is compatible with mainstream Rollup solutions such as Polygon zkEVM, zkSync, Scroll, and Starknet, supporting the development needs of different technology stacks. In addition, the Lumoz computing network is also suitable for large-scale parallel computing in the AI field, providing strong support for AI Model Training and data processing, meeting the diverse computing needs of the blockchain and AI fields.

III. Market value expectations

Lumoz ($MOZ) is a decentralized ZK-RaaS (Zero-Knowledge Proof-as-a-Service) network that aims to provide developers with efficient and low-cost zero-knowledge proof infrastructure. Currently, the unit price of $MOZ is $0.042, the total supply is 10 billion, the circulation is 1.10 billion, and the circulation market value is about $45.73 million.

In order to evaluate the market potential of Lumoz, we compare it with other second-layer scaling and modularization blockchain projects, especially representative projects such as Boba Network ($BOBA), Mantle Network ($MNT), and Movement ($MOVE).

Benchmark project:

Layer 2 Scaling Solution and Hybrid Computing Platform: Boba Network ($BOBA)

Unit price: 0.2782 USD

Market capitalization: 114 million USD

Fully diluted market cap: $139 million

Circulation: 406 million BOBA

Total supply: 500 million BOBA

Ethereum Layer 2 Network with Modularization Design: Mantle Network ($MNT)

Unit price: $1.17

Market capitalization: 3.955 billion USD

Fully diluted market cap: $7.306 billion

Circulation: 3.367 billion MNT

Total Supply: 6.219 billion MNT

Modularization Moving blockchain framework: Movement ($MOVE)

Unit price: 0.6848 USD

Market capitalization: 1.541 billion USD

Fully diluted market cap: $6.848 billion

Circulation: 2.25 billion MOVE

Total Supply: 10 billion MOVE

Market value comparison with expectations

Benchmarking Boba Network ($BOBA)

If $MOZ reaches the Boba Network's circulating market capitalization level ($114 million), the $MOZ unit price will rise to $0.1036, an increase of about 146%.

Benchmarking Mantle Networks ($MNT)

If $MOZ reaches Mantle Network's circulating market value level ($3.955 billion), the $MOZ unit price will rise to $3.595, an increase of about 8393%.

Benchmarking Movement ($MOVE)

If $MOZ reaches Movement's circulating market value level ($1.541 billion), the $MOZ unit price will rise to $1.401, an increase of about 3235%.

IV. Token Economics

MOZ is the native token of the Lumoz protocol, with a total of 10 billion tokens. The specific information is as follows.

Token allocation and release model:

Investor 1:10%, TGE 0%, 6-month lock-up, 36-month linear release

Investor 2:8%, TGE 0%, 6-month lock-up, 30-month linear release

Core contributors: 16%, TGE 0%, 12-month lock-up, 48-month linear release

Community members: 6%, TGE 100%

Ecosystem: 10%, TGE 50%, remaining 24-month linear release

zkVerifier: 25%, TGE 0%, 36 months linear release

zkProver network: 25%, TGE 0%, 120 months linear release

The initial circulation is 11%, mainly from the community and airdrop. The investor restriction period is 6 months. The token release model is designed reasonably to ensure market stability.

Token utility

MOZ token is the core asset of the Lumoz protocol and is used in the following scenarios:

Payment of fees: All transactions, zero-knowledge proof (ZKP) calculations, and AI services within the Lumoz protocol require payment of transaction fees using MOZ tokens.

MOZ and esMOZ exchange: MOZ can be exchanged for esMOZ at a 1:1 ratio, adapting to more application scenarios. esMOZ can be exchanged for MOZ in different redemption cycles, and the redemption rate varies with the length of the cycle.

Node Rewards: zkProver and zkVerifier nodes can receive esMOZ rewards by providing computing power, ensuring the security and stability of decentralized networks.

Staking and Governance: esMOZ can be used for staking, participating in Lumoz network governance, including proposals and voting, promoting decentralized decision-making and community building.

Ecological incentives: Support ecosystem development, partnerships, and community incentives to promote the continuous development of Rollup projects and AI applications.

The MOZ token empowers the decentralized computing ecosystem of the Lumoz protocol through multiple functions such as payment, rewards, governance, and ecosystem support.

V. Team and financing

Team Info

The core team of Lumoz is composed of co-founder and CEO Nanfeng and Chief Operations Officer Alvaro Fernández, who have rich industry experience and management capabilities, providing strong leadership and operational support for the project.

Financing information

Lumoz has completed multiple rounds of financing and received support from many well-known institutions.

The seed round was completed on April 6, 2023, with a financing amount of $4 million from investors including Web3.com Ventures, NGC Ventures, Qtum Quantum Chain, Puzzle Ventures, Bitrise Capital, and Utmost Ventures.

Pre-A round was completed on April 8th, 2023, with a financing amount of 6 million USD and a valuation of 120 million USD. Investors include OKX Ventures, HashKey Capital, Kucoin Ventures, Comma3 Ventures, Kernel Ventures, Kronos Ventures, and Sandeep Nailwal.

In addition, the strategic financing was completed on May 29th and November 26th, 2023, with investors including Gate Ventures, IDG Blockchain, UFLY Labs, etc.

On October 31, 2023, Skyland Ventures also participated in Lumoz's investment.

The Lumoz team has a strong background and stable financing support, which has laid a solid foundation for its development in zero-knowledge computing and AI fields.

VI. Risk Warning

1. Although Lumoz's mixed consensus mechanism (PoS and ZK-PoW) theoretically enhances security, if the PoS verification node is maliciously centralized controlled, or the ZK-PoW computing power is subject to large-scale attacks, it may lead to consensus failure or double-spending attacks. In addition, if the Incentive Mechanism design is not perfect, it may not be able to effectively motivate nodes to participate, resulting in a decrease in the degree of network decentralization.

2. Zero-knowledge proof technology (ZK) theoretically provides innovation for privacy and security, but in practical applications, circuit design, proof generation speed, and hardware requirements still face limits. Although Lumoz's ZK-RaaS (Zero-Knowledge Proof-as-a-Service) lowers the technical threshold, it may encounter problems such as poor circuit optimization, computation delay, or proof verification failure when facing large-scale computing. Once such bottlenecks are encountered, the deployed Rollup chain may experience performance degradation or failure to produce blocks in time, seriously affecting User Experience.

VII. Official links

Website：https://lumoz.org/

Twitter：https://x.com/LumozOrg

Discord：https://discord.com/invite/lumozorg

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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