Hong Kong, sixteenth June 2024, ZEX PR WIRE, After the announcement of the node sale yesterday, we acquired quite a few inquiries and recommendations from international communities, VCs, and companions. They supplied beneficial suggestions on Lumoz’s node sale. In gentle of this, now we have determined to pay attention to those opinions and make slight modifications to the earlier guidelines. 

Causes and Goals for the Adjustments

The modifications to the Lumoz node sale construction are pushed by a number of key targets:

1. Preserve a Cheap Valuation: Changes intention to maintain Lumoz’s valuation inside a smart vary, stopping it from changing into overly inflated.

2. Improve Potential Returns for Atypical Customers: Adjustments are designed to permit common customers to reap increased potential rewards.

3. Equal Early Participation Alternatives: Making certain that everybody, together with particular person customers, can take part early on.

Closing Guidelines:

Adjusted Node Sale Construction:

• Complete Nodes: Lowered from 200K to 100K, rising every node’s earnings by 100%.

• Tiers: Lowered from 50 to 10, with the ultimate Tier 10 valuation not exceeding $290 million.

• First-Come, First-Served: Gross sales will proceed on a first-come, first-served foundation till all nodes are offered.

Key Timelines:

• Pre-Sale: Begins on June seventeenth at 3 PM (UTC+8).

• Whitelist Sale: Begins on June twenty fifth at 3 PM (UTC+8).

• Public Sale: Opens on July third at 3 PM (UTC+8).

Pre-Sale Particulars:

• Entry: Requires a particular invitation code to enter the pre-sale web page.

• Pre-Sale Hyperlink: https://node.lumoz.org/

• Deposit Requirement: Customers have to pay a 20% deposit to lock within the present node tier, which is non-refundable. The remaining stability have to be paid earlier than the general public sale on July third, or the node can be forfeited and moved to the general public sale.

Whitelist Sale:

• Eligibility: Solely customers with a whitelist can take part.

• Course of: Follows the pre-sale, ranging from the present tier, on a first-come, first-served foundation.

Public Sale:

Node Licenses Particulars:

• Testnet Node Licenses: Profitable node patrons will first obtain node licenses as NFTs on the sepolia testnet, permitting them to take part in Lumoz’s factors exercise.

• Mainnet Node Licenses: Upon Lumoz mainnet launch, node licenses can be issued on the mainnet. Homeowners can both run the nodes themselves for rewards or delegate them to official or third-party node suppliers.

• Transferability: Mainnet node licenses will be traded or transferred after six months.

Refund Coverage:

To make sure the rights of world neighborhood customers, now we have established a refund mechanism:

• Refund Window: Opens six months after the TGE. The length of the window is to be decided.

• Refund Phrases: Customers can request a refund if dissatisfied, receiving 80% of the preliminary cost again, with all tokens and NFTs produced needing to be returned.

Extra Info:

• Participation Networks: Customers can take part by way of Arbtrium, BNB Chain, ZKFair, Merlin, and so on.

• Supported Currencies: USDT, USDC, BTC, ETH, BNB, ZKF.

• ZKFair Reductions: Ranging from the pre-sale part, ZKFair will launch 200 buy slots day by day, providing a ten% low cost for funds made with ZKF.

• Lumoz Factors Occasion: Beginning June twenty fifth, the 40-day occasion will distribute 40 million Lumoz factors, with 1 million factors awarded day by day to profitable node patrons. These factors will be exchanged for Lumoz Mainnet tokens upon launch.

Disclaimer:

Earlier than buying zkVerifier nodes, customers ought to learn and perceive all associated paperwork and knowledge, together with the technical whitepaper and consumer information, to make sure complete product information. Customers should affirm their functionality to bear funding dangers and assess their scenario earlier than taking part. Purchases ought to be voluntary and free from coercion or deceptive influences. Customers assume duty for any losses incurred post-purchase, and we’re not accountable for losses ensuing from market fluctuations, technical points, or different elements.

Lumoz Official Hyperlinks: