KEY TAKEAWAYS
- KuCoin lists Lumoz token (MOZ) on its Spot trading platform, with trading starting on December 10, 2024.
- Lumoz token supports AI and Zero-Knowledge applications, utilizing a ZK-PoW mechanism for enhanced computing power.
- KuCoin advises investors to assess risks, highlighting the volatile nature of cryptocurrency investments.
KuCoin has announced the listing of Lumoz token (MOZ) on its Spot trading platform. The announcement, made here, details the schedule for deposits, trading, and withdrawals for the new token.
Deposits for Lumoz token are available immediately, supported on the ARB-ERC20 network. Trading for the MOZ/USDT pair is set to commence at 10:00 UTC on December 10, 2024. Withdrawals will be enabled starting at 10:00 UTC on December 11, 2024.
Understanding Lumoz Token
Lumoz token is positioned as a leading Modular Compute Layer and RaaS (Resource as a Service) for Zero-Knowledge (ZK) and Artificial Intelligence (AI) applications. It utilizes a ZK-PoW (Zero-Knowledge Proof of Work) mechanism to provide computing power for Rollup, ZK-ML (Zero-Knowledge Machine Learning), and ZKP (Zero-Knowledge Proof) verification processes.
For more information about Lumoz token, interested parties can visit the project’s website or follow their updates on X (Twitter). The token operates on the ARB-ERC20 contract.
Risk Considerations
KuCoin has issued a risk warning, reminding investors that cryptocurrency investments are similar to venture capital investments. The market operates 24/7, and investors are encouraged to conduct their own risk assessments. While KuCoin screens tokens before listing, it acknowledges that risks remain inherent in cryptocurrency investments.
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