Zama, a leading developer focused on Fully Homomorphic Encryption (FHE) technology for decentralized privacy, has officially announced the details of its upcoming public token sale. The sale is structured to establish a minimum Fully Diluted Valuation (FDV) floor of $55 million, underscoring strong market confidence in the project’s foundational technology and future growth potential.
To ensure wide accessibility and fair distribution, Zama is employing a dual-platform strategy for the offering. A significant portion of the token allocation will be conducted through CoinList, the established platform widely utilized for hosting compliant and high-demand token launches. Concurrently, Zama will run an independent auction via its own proprietary application. This dual mechanism aims to engage both the general public through CoinList and specialized community members via the bespoke auction.
Funds generated from the token sale are intended to accelerate the development and implementation of Zama’s FHE tooling. This critical infrastructure is essential for building privacy-preserving smart contracts and decentralized applications (dApps) across various blockchain ecosystems, ultimately advancing Zama’s mission to make confidentiality a native component of Web3.
Source: Zama launching token sale at $55 million floor FDV via CoinList and own auction app
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