Zama, a pioneering open-source cryptography firm, is preparing to introduce an innovative auction format for its native ZAMA token. This unique sealed-bid Dutch auction aims to leverage advanced cryptographic techniques to enhance fairness and security in the token distribution process. According to the official information, the auction is set to revolutionize how tokens are allocated to participants.
Overview of the Auction
The auction will allocate 12% of the total ZAMA tokens and is specifically designed to address common challenges in token sales, such as frontrunning and gas wars. By employing Fully Homomorphic Encryption technology, Zama ensures that bids remain confidential, allowing participants to compete without the fear of manipulation or excessive transaction fees.
Details of the Auction
Scheduled to take place on the Ethereum blockchain via CoinList from January 21 to January 24, 2026, this auction represents a significant step forward in the evolution of token distribution methods. Zama's approach not only prioritizes user privacy but also aims to create a more equitable environment for all participants in the auction.
In a related development, Crypton Exchange has enhanced user privacy by integrating with the Utopia P2P ecosystem, allowing traders to operate anonymously. This move contrasts with Zama's upcoming auction format for its ZAMA token, which focuses on fairness in token distribution. For more details, see read more.
