2026-01-13 16:56:14

Privacy computing project ZAMA announces the launch of on-chain token sale. The fundraising sets a fully diluted valuation (FDV) floor price of $55 million, using a sealed bid Dutch auction model, with a total of 12% of the total supply of 11 billion ZAMA tokens released.

The sale is divided into two phases: first, 2% of the tokens are open to community users, mainly for community funding involving project NFT holders; then, an 8% main auction phase will be held from January 21 to January 24. Through the Dutch auction mechanism, investors can submit sealed bids, with prices decreasing from high to low until market equilibrium is reached.

This is a key fundraising step for ZAMA in building privacy-preserving blockchain infrastructure, aiming to raise funds for subsequent development and ecosystem construction.

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CryptoGoldmine

· 6h ago

Dutch auction sounds sophisticated, but basically it’s all about who bids the fiercest. A $55 million FDV feels a bit inflated; the privacy sector has indeed cooled down over the past two years. Wait, with only 12% circulating supply, early NFT holders are eating the profits, while retail investors are just sipping the soup. The key is to see where the transaction equilibrium price lands; that’s the true reflection of the computing power ROI. I’m not optimistic about this valuation; practical applications of privacy computing haven’t been fully realized yet. By the way, sealed bidding can at least avoid some selling pressure, and the mechanism design is quite thoughtful. Let’s wait for the transaction price to come out before evaluating ROI; it’s too early to draw conclusions now.

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TokenCreatorOP

· 6h ago

Dutch auction? Why is this trick coming back again? Every time they say it reaches the market equilibrium point, but in the end, it's still the most common bagholder.

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zkProofGremlin

· 6h ago

Dutch auction... It's the same old story, feels like every project is played once Having NFTs allows you to get on board early, truly well-designed

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Ser_Liquidated

· 6h ago

Dutch auction? Same old story, feels like every project does it this way... 55 million FDV sounds pretty good, but it depends on the final transaction price.

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HorizonHunter

· 6h ago

The Dutch auction method is back... It feels like a new way to cut leeks every time.

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