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Zama to Launch Sealed-Bid Dutch Auction for Token Sale

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by Kofi Adjeman

an hour ago


Zama is gearing up for a groundbreaking auction that promises to reshape the landscape of token sales in the Web3 privacy computing sector. The company will conduct a sealed-bid Dutch auction to sell 10% of its total token supply, employing advanced encryption techniques to ensure a fair and confidential bidding process. The source reports that this innovative approach could set new standards for transparency and security in the industry.

Token Claim Date

Participants in the auction will be able to claim their tokens starting January 20, 2024.

Community Excitement

The event has generated significant excitement within the community, as it represents a significant step forward in enhancing transparency and fairness in the token sale process.

Setting New Standards

Zama's initiative could set a new standard for future auctions in the blockchain space.

In a significant move for New York's cryptocurrency market, Coinbase has listed the Sui token, enhancing access for local investors. This development contrasts with Zama's upcoming auction aimed at revolutionizing token sales in the Web3 privacy sector. For more details, read more.

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