<img src="https://t5n2wbylx8n.sg.larksuite.com/space/api/box/stream/download/asynccode/?code&#61;OGVlY2FkMDkxOTIzOWY5NjU4NjBhZDU2ZmZiMmNiZTlfWTJkM3VpSDdRSU5pU2pyUlpUdXptRlFHcks5c09EanBfVG9rZW46WU1pamIyMGRDbzJQaWF4WlNDcWxZeEYzZzllXzE3MjY4MDQxNzI6MTcyNjgwNzc3Ml9WNA" />The Lumoz Quidditch testnet event has entered its final week, with over a million participants and 736 nodes in operation. More than 57,795 licenses have been staked. In addition, the team has continuously optimized the task structure and increased the rewards of magic stones, providing users with a richer participation experience.Participation entrance&#xff1a;https://lumoz.org/quidditch-join<h2 id="header-0">Lumoz&#39;s Magical Journey: Enthusiasm Soars as Data Hits New Highs</h2>Building on the foundation of the first two testnets, the Quidditch Testnet introduces an even more diverse and innovative task system aimed at fully testing network performance and incentivizing community participation. The total number of participants in the event surpassed 620,000. The surge in social media activity is evident: Twitter followers have reached 463,000, Discord community members have exceeded 268,000, and the Telegram channel boasts 626,000 users.The node staking task is one of the core tasks of the Lumoz Quidditch Testnet. The team launched the sale of nodes in June, and the market response was overwhelming, with over 78,304 nodes sold out of a total of 100,000, and the real-time FDV (Fully Diluted Valuation) exceeding $1.6 billion. To further incentivize Lumoz node holders, we launched this event, offering substantial rewards of 50 million esMOZ.Participants can stake tokens to run validator nodes, not only earning generous rewards but also experiencing the network&#39;s decentralized nature firsthand. Currently, the number of participating nodes has reached 736, and in terms of licenses, 57,795 licenses have been staked. The number of stakers has exceeded 67,850, with a total of 4,666,980 verifications submitted to date. This high participation rate demonstrates the strong recognition of the Lumoz project within the community.Furthermore, during the Pre-Alpha and Alpha phases of the testnet, Lumoz also achieved notable success. A total of 373,746 participants took part across both phases, with 28,137 PoS validators and 145 PoW miners collectively ensuring network security, supporting more than 20 rollup projects, processing over 20 million transactions, and submitting nearly 4.8 million zero-knowledge proofs (ZKP), showcasing its robust performance. These achievements have laid a solid foundation for the launch of the Quidditch Testnet.Node Activity Portal&#xff1a;https://quidditch-zkverifiers.lumoz.org/Node Staking Tutorial&#xff1a;<a href="https://docs.google.com/document/d/1mEqyBdr-L1Vw8n6sEi1NHd5O5BJOtqS_KiowbJMUJNs/edit?usp&#61;sharing" rel="noopener noreferrer nofollow">https://docs.google.com/document/d/1mEqyBdr-L1Vw8n6sEi1NHd5O5BJOtqS_KiowbJMUJNs/edit?usp&#61;sharing</a><h2 id="header-1">Only One Week Left in the Countdown: There&#39;s Still Time to Claim a Share of the Huge Prize Pool</h2>The event is ongoing, and users can still participate in claiming their share of the 50 million esMOZ token reward pool. Lumoz&#39;s success is not a solo effort; this Quidditch competition has received tremendous support from over 30 top projects, including OKX Wallet, Bitget Wallet, Coin98 Wallet, Gate Wallet, and Merlin. These partners have not only contributed generous rewards but also designed unique tasks, significantly enhancing the user experience.As the one-week countdown begins, the team is actively listening to community feedback, updating the tasks for various ecosystem projects, and continuously optimizing the gaming experience to add more fun to the event. During this final participation phase, while the total prize pool remains the same, the team will adjust the reward structure, allocating more magic stones to nodes, delegated addresses, and staked addresses. Users who have previously completed basic tasks will receive 10 magic stones (a 40% increase from before). Participants from earlier stages need not worry, as the team will automatically make up the difference to ensure fairness.Moving forward, participants can collect more Golden Snitches and earn wizards by completing a variety of challenges, such as social tasks, node tests, and water-fetching missions, to receive these valuable ecosystem rewards. Participation Link: <a href="https://lumoz.org/quidditch-join" rel="noopener noreferrer nofollow">https://lumoz.org/quidditch-join</a><h2 id="header-2">Promising Future: From Testnet to Mainnet</h2>Lumoz plans to launch its mainnet and conduct a Token Generation Event (TGE) by the end of this year. In terms of fundraising, Lumoz successfully completed its Pre-A round and strategic financing in the first half of this year, raising a total of $14 million, with its latest valuation reaching $300 million. The impressive list of investors includes prominent institutions such as OKX Ventures, HashKey Capital, KuCoin Ventures, Polygon, and IDG Blockchain.As for the product lineup, Lumoz has already launched flagship products like ZKFair and Merlin Chain, with plans to introduce more Layer 2 chains in the future. These accomplishments not only demonstrate investors&#39; confidence in Lumoz but also lay a solid foundation for its future growth. The success of the Lumoz Quidditch competition has further showcased the project&#39;s potential.As the mainnet launch approaches, Lumoz is expected to play an increasingly important role in the application of zero-knowledge proof technology. We eagerly await the moment when Lumoz shines even brighter.

One Week Left! Enthusiasm Soars as Lumoz Quidditch Match Hits 1 Million Users!

Table of Contents

Lumoz

Other articles published on Sep 20, 2024

DPO Kripto Scam Ditangkap FBI, Kerugian Capai US$230 Juta

Investors Anticipate Bitcoin’s Bright Path Ahead

MicroStrategy Announces Enormous Bitcoin (BTC) Purchase: Details

Circle and Sony Block Solutions Labs Partner to Boost USDC Adoption on Soneium

Top-Rated Q4 Performers: Chainlink & Polkadot Lead the Pack With IntelMarkets Poised for a $1 Bre...

BingX Confirms Minor Losses Amid Hot Wallet Breach, Assures Users of Safety

Join our free newsletter for daily crypto updates!