Lumoz's Quidditch testnet activity has entered the final week of the sprint stage. The number of participants has exceeded one million, the number of nodes in operation has reached 736, and the number of licenses involved in staking has exceeded 57,795. In addition, the team continues to optimize the task structure and increase the magic stone rewards to provide users with a richer participation experience.
Participation entrance: https://lumoz.org/quidditch-join
Lumoz's Magical Journey: Participation Enthusiasm is High, Data Reaches New Highs
Today, based on the first two rounds of testnets, the Quidditch testnet has launched a richer and more diverse system of innovative activity tasks, aiming to comprehensively test network performance and encourage community participation. The total number of participants in the activities has exceeded one million.
The node staking task is one of the core tasks of the Lumoz Quidditch test network. The team started selling nodes in June, and the market was snapped up as soon as they were released. The cumulative number of node sales exceeded 78,304 (a total of 100,000), and the real-time FDV exceeded 160 million US dollars. In order to better motivate Lumoz node holders, we launched this event and provided a generous incentive of 50 million esMOZ.
Participants can run verification nodes by staking tokens, which not only allows them to win generous rewards, but also allows them to experience the decentralized nature of the network. Currently, the number of participating nodes has reached 736. In terms of licenses, 57,795 licenses have participated in this event, and the number of people participating in the staking test has exceeded 67,850. The total number of verifications submitted has reached 4,666,980. This high ratio fully demonstrates the high recognition of the Lumoz project by community members.
In addition, Lumoz has also achieved good results in the two rounds of Pre-Alpha and Alpha testnets that have ended. The cumulative number of participants in the two rounds reached 373,746, and there were 28,137 POS validators and 145 POW miners who jointly maintained network security, served more than 20 rollup projects, processed more than 20 million transactions, and submitted nearly 4.8 million zero-knowledge proofs (ZKP), proving its strong performance. These achievements have laid a solid foundation for the launch of the Quidditch testnet.
Node activity entrance: https://quidditch-zkverifiers.lumoz.org/
Node staking tutorial: https://docs.google.com/document/d/1mEqyBdr-L1Vw8n6sEi1NHd5O5BJOtqS_KiowbJMUJNs/edit?usp=sharing
Only one week left: you can still participate in the high prize pool
During the event, users can still participate in the reward pool of 50 million esMOZ tokens. And Lumoz's success is not the result of fighting alone. This Quidditch competition has received strong support from more than 30 top projects including OKX Wallet, Bitget Wallet, Coin98 Wallet, Gate Wallet and Merlin. These partners not only provide generous rewards for the event, but also design unique tasks, which greatly enriches the user's participation experience.
With one week left to go, the team is also actively listening to community suggestions, not only updating the tasks of each ecological project, but also continuously optimizing the user gaming experience to increase the fun of the event. In the final participation stage, while the total prize pool remains unchanged, the team will adjust the reward structure and allocate more magic stones to nodes, delegated addresses, and addresses participating in staking. Currently, users who have completed the basic task rewards can get 10 magic stones (an increase of 40% over before), and users who have participated in the event before do not have to worry, as the difference will be automatically made up to ensure the fairness of the event.
Subsequently, by completing diverse challenges such as social tasks, node tests, and water leading tasks, participants can collect more Golden Snitches and acquire magicians to obtain these rich ecological incentives.
Participation entrance: https://lumoz.org/quidditch-join
The future is promising: the leap from testnet to mainnet
Lumoz plans to launch the mainnet and conduct TGE before the end of this year. In terms of financing, Lumoz has completed Pre-A round and strategic financing in the first half of this year. The investment lineup is strong, including OKX Ventures, HashKey Capital, KuCoin Ventures, Polygon, IDG Blockchain and other well-known institutions. In terms of product matrix, Lumoz has launched star products such as ZKFair and Merlin Chain, and plans to launch more L2 chains in the future.
These achievements not only prove investors' confidence in Lumoz, but also lay a solid foundation for its future development. The successful hosting of the Lumoz Quidditch competition has greatly demonstrated the potential of the Lumoz project. With the mainnet launch approaching, Lumoz is expected to play a more important role in the application of zero-knowledge proof technology. Let us wait and see Lumoz shine even brighter.