LONDON, UK / ACCESSWIRE / May 9, 2024 / Sweep Ventures, a driving force behind the sustainable revolution in web3 and blockchain technology, has announced its first strategic investment in the burgeoning blockchain technology sector with Lumoz, the leading Modular Compute Layer and ZK-RaaS platform.

Lumoz leverages cutting-edge PoW mining mechanisms to offer Zero-Knowledge Proof (ZKP) arithmetic for ZK-Rollup, leading the charge in simplifying ZK-Rollup usage and promoting its broader adoption. With the ability to generate zkEVM application chains with a single click, Lumoz is revolutionizing the landscape of decentralized applications.

"We are thrilled to partner with Lumoz on their groundbreaking project," said the founder of Sweep Ventures. "This investment marks a significant milestone for Sweep Ventures as we embark on our journey into the blockchain space. Lumoz's innovative approach to ZK-Rollup technology aligns perfectly with our strategic vision, and we are confident in their ability to drive forward the adoption of zkEVM-based application chains."

Lumoz aims to simplify ZK-Rollup usage and promote its wider adoption, thus facilitating the large-scale deployment of zkEVM-based application chains. This investment from Sweep Ventures will enable Lumoz to accelerate its development efforts and further solidify its position as a leader in the blockchain ecosystem.

With a steadfast commitment to sustainability and collaboration, Sweep Ventures empowers innovators to harness the power of blockchain for social good, driving positive change and fostering inclusive growth. As Sweep Ventures continues to lead the charge in sustainable blockchain investment, it remains steadfast in its mission to shape a more equitable and sustainable future for all.

For more information about Lumoz, please visit lumoz.org or their x account https://x.com/lumozorg

About Sweep Ventures:

Sweep Ventures is more than an investment firm; it drives the sustainable revolution in web3 and blockchain technology. With a steadfast commitment to sustainability and collaboration, Sweep Ventures empowers innovators to harness the power of blockchain for social good, driving positive change and fostering inclusive growth. As Sweep Ventures continues to lead the charge in sustainable blockchain investment, it remains steadfast in its mission to shape a more equitable and sustainable future for all.

Media Contact:

Name: Ethan Jones
Email: info@sweep.ventures
Website: www.sweep.ventures
X/Twitter: https://x.com/sweepvc

SOURCE: Sweep Ventures