The Good Tech Companies - Lumoz Unveils esMOZ Airdrop Details

Episode Date: November 5, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/lumoz-unveils-esmoz-airdrop-details. This airdrop is our way of expressing gratitude for your continued support and is a significant step toward our journey into the next chapter. Check more stories related to tech-companies at: https://hackernoon.com/c/tech-companies. You can also check exclusive content about #lumoz, #crypto-airdrop, #lumoz-zk-raas-platform, #esmoz, #lumoz-airdrop, #nfts, #esmoz-airdrop, #good-company, and more. This story was written by: @lumoz. Learn more about this writer by checking @lumoz's about page, and for more stories, please visit hackernoon.com. This airdrop is our way of expressing gratitude for your continued support and is a significant step toward our journey into the next chapter.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Lumos unveils S-MOS Airdrop Details, by Lumos, formerly Opside. We're thrilled to announce the forthcoming Lumos' S-MOS Airdrop, distributed to all sorts of contributors. This milestone wouldn't have been possible without the dedication and contributions of our vibrant community. Over the last two years, our community has supported Lumos through key phases. The pre-alpha testnet engaged 87,567 active participants, the alpha testnet attracted 286,179 followers, and PR dissipation in the Quidditch testnet

exceeded 1 million. These numbers underscore the community's strong support and trust in Lumos. Your contributions have driven invaluable feedback, strengthening Lumos' technical foundation and shaping our ecosystem's growth. This airdrop is our way of expressing gratitude for your continued support and is a significant step toward our journey into the next chapter. Airdrop Rules Airdrop Inquiry Link. HTTPS colon slash slash Lumos. Org. Airdrop Lumosirdrop Inquiry Link, https colon slash slash Lumos. Org, Airdrop Lumos tokens have a total supply of 10 billion, with 10%, 1 billion S-Moz tokens, dedicated to this airdrop. Based on our recent valuation, this represents a value of approximately $30 million. The exchange rate for S-Moz to MOZ will be 1 to 1, and the exchange will follow an unlocking schedule as detailed in our official documentation, https colon slash slash docs.

Lumos.org. As the largest airdrop in Lumos's history, it will target early adopters, Lumos POW and node holders, ecosystem contributors, and active participants from ecosystems like ED, Celestia, and the Move ecosystem. Detailed eligibility criteria. 1. Early Lumos participants. Lumos pointholders will receive S-MOS on a one-to-one basis for points held. Users with over 500 points will also receive bonus S-MOS airdrops. Backslash. 2. Lumos POW testnet participants. From November 5 to December 5, Lumos will host ZK mining on the testnet. Participants will earn S-MOS airdrops proportional to MOS test tokens mined during this period. Updated rewards will be available on the airdrop

page. Backslash.3. Lumos ZK verifier node holders. Holders of the Lumos ZK Verifier license, as captured in the October 26 snapshot, are eligible for airdrops. 4. Lumos Ecosystem Users. This includes users of Lumos ROS services in projects like MerlinChain, ZKFair, Ultiverse, and Matter1X. Active users in these ecosystems will receive direct airdrops, visible on the official airdrop page starting November 5. This portion of the airdrop will consist of two parts. The first part will be directly airdropped to active addresses in the ecosystem, which can be checked on the Lumos official airdrop page starting November 5. The second part will be airdropped to users participating in ecosystem-related activities.

After the events conclude, the S-MOS earned through participation will be updated on the Lumos official airdrop page. Please follow official updates from each ecosystem for specific activity times. 5. Active users in ecosystems like ETH, Celestia, and Move. Eligible users include. Participants interacting with major DeFi projects in ETH, including Ethereum, Polygon, and Arbitrum over the past six months. Backslash dot, significant stakers in the Celestia network. Active users engaging with leading DeFi projects in Move, primarily Aptos and Sway, within the past six months. Please note that the airdrop inquiry period will last one

month, during which, specific claim details will be announced. NFT activity coming SON after obtaining SMAZ, users are naturally most concerned about the exchange rules. Lumos's official documentation has previously stated that the exchange ratio between SMAZ and MOZ is 1 to 1, although there will be a certain unlocking period. While this setup is designed for Lumos's long-term development, there have been voices in the community expressing a desire for an earlier unlocking. We value the feedback from every community user, which is why we have introduced an NFT section that will allow users to directly exchange a certain amount of S-M Moz for Moz. NFTs will be set at

different levels, with each level offering varying ESMOZ exchange limits. In the future, NFTs will also support free circulation, allowing users to exchange according to their needs for flexible asset management. We will announce the rules for obtaining NFTs shortly, so stay tuned. This airdrop marks just the beginning for Lumos. Follow our official Twitter for updates and stay informed on our journey forward. About Lumos Lumos is a leading modular computing layer and ZK ROS platform, delivering computation for rollups, ZKML, and ZKP verification through its POW mining system. Earlier this year, Lumos completed its pre-A funding round,

raising $14 million with backing from prominent investors like OKEx Ventures, Hashkey Capital, KuCoin Ventures, Polygon, and IDG Blockchain. With over 1,5 million users, 200-plus projects, 28,137 validators, and 145 POW miners engaged, Lumaz's mainnet is set to launch by year's end. Thank you for listening to this Hackernoon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.