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HomeBlockchainGuaranteeing Truthful Valuation and Equal Alternatives – Blockchain Information Web site

Guaranteeing Truthful Valuation and Equal Alternatives – Blockchain Information Web site

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Hong Kong, sixteenth June 2024, ZEX PR WIRE, After the announcement of the node sale yesterday, we obtained quite a few inquiries and recommendations from world communities, VCs, and companions. They offered worthwhile suggestions on Lumoz’s node sale. In gentle of this, we have now 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 objectives:

  1. Keep a Affordable Valuation: Changes goal 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 larger 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:

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

  • Tiers: Decreased 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 must 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 shall 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 shall 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 group customers, we have now 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 fee 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 many others.

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

  • ZKFair Reductions: Ranging from the pre-sale section, ZKFair will launch 200 buy slots each 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 each day to profitable node consumers. 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 verify their functionality to bear funding dangers and assess their state of affairs earlier than collaborating. Purchases must be voluntary and free from coercion or deceptive influences. Customers assume duty for any losses incurred post-purchase, and we’re not responsible for losses ensuing from market fluctuations, technical points, or different components.

Lumoz Official Hyperlinks:

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