Lumoz

Project Overview

Lumoz is an Ethereum Layer 2 blockchain platform that focuses on providing scalable Web3 gaming infrastructure. The MOZ token serves as the native utility token for the Lumoz ecosystem, used for governance, staking, and platform fees.

Purpose and Utility

The primary purpose of Lumoz is to provide gaming-focused blockchain infrastructure, with MOZ token being used for: Platform governance and voting rights, Validator staking and rewards, Payment of transaction fees on the network.

Business Model Assessment

The business model appears focused on legitimate blockchain infrastructure development, particularly for gaming applications. While gaming itself can be concerning from a Sharia perspective, the platform itself appears to be providing technical infrastructure rather than directly facilitating gambling or chance-based games.

Development and Adoption

The project shows active development with regular GitHub commits and technical updates. The platform is in early stages but has established partnerships with several game developers and blockchain projects.

Token Distribution

Token distribution includes allocations for: Development team (15%), Ecosystem growth (25%), Community rewards (30%), Initial liquidity (20%), Treasury (10%). Team tokens are subject to a 4-year vesting period with a 12-month cliff.