TechFlow news: This week, modular computing layer Lumoz revealed it has raised a new round of funding at a $120 million valuation, with participation from OKX Ventures, HashKey Capital, KuCoin Ventures, among others. To date, Lumoz has raised a total of $10 million. The team disclosed that the new funds will be used to expand the Lumoz team and further accelerate the development and technological innovation of its Modular Compute Layer and ZK-RaaS platform. Additionally, Lumoz is expected to launch its mainnet in Q3.
Dragon Slayer is a major ecosystem campaign jointly launched by Lumoz and ZKFair, featuring a total prize pool exceeding 30 million Lumoz points and 50,000 USDC, and currently serves as the only way for external participants to obtain Lumoz points. The event consists of three phases, with the third phase now entering its final countdown and total participation surpassing 500,000. In the future, these Lumoz points will be convertible into tokens on the mainnet at a predetermined ratio.
