This week, modular computing layer Lumoz disclosed that it has completed a new round of financing with a valuation of US$120 million, with participation from OKX Ventures, HashKey Capital, KuCoin Ventures, etc. As of now, Lumoz has raised a total of US$10 million. The team revealed that the new funds will be used to expand the Lumoz team and further accelerate the platform construction and technological innovation of its Modular Compute Layer and ZK-RaaS. In addition, Lumoz is expected to launch the mainnet in Q3.
Dragon Slayer is a large-scale ecological event jointly launched by Lumoz & ZKFair, with a total prize pool of over 30 million Lumoz points and 50,000 USDC. It is also the only way for the outside world to obtain Lumoz points. The event is divided into three stages, and the third stage is currently in the countdown, with the total number of participants exceeding 500,000. In the future, these Lumoz points will also be exchanged for tokens after the mainnet is launched at a certain ratio.