Guaranteeing Honest Valuation and Equal Alternatives – Blockchain Information Website

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 offered helpful suggestions on Lumoz’s node sale. In gentle of this, we now have determined to hear to those opinions and make slight modifications to the earlier guidelines. 

Causes and Targets for the Modifications

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

1. Keep a Cheap Valuation: Changes goal to maintain Lumoz’s valuation inside a smart vary, stopping it from turning into overly inflated.

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

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

Closing Guidelines:

Adjusted Node Sale Construction:

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

• Tiers: Diminished 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 steadiness should be paid earlier than the general public sale on July third, or the node will probably 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 consumers 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 will probably 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 may be traded or transferred after six months.

Refund Coverage:

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

• Refund Window: Opens six months after the TGE. The period 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.

Further Info:

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

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

• ZKFair Reductions: Ranging from the pre-sale section, 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 consumers. These factors may 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 data. Customers should affirm their functionality to bear funding dangers and assess their scenario earlier than collaborating. Purchases ought to be voluntary and free from coercion or deceptive influences. Customers assume accountability for any losses incurred post-purchase, and we’re not chargeable for losses ensuing from market fluctuations, technical points, or different components.

Lumoz Official Hyperlinks: