Zama, a crypto privacy protocol, is preparing to launch on the market with an on-chain token sale conducted through CoinList and its own auction application.
The company will offer 12% of its total 11 billion token supply for sale, with a base value of $55 million after full dilution.
Zama co-founder and CEO Rand Hindi stated that the token sale will consist of three separate components. Accordingly, 2% of the total supply will be distributed this week through a community sale for Zama NFT holders. The main sale portion, 8%, will be held on CoinList between January 21-24. The remaining 2% will be offered for sale at the equilibrium price determined in the main auction, between January 27 and February 2.
*This is not investment advice.
