Zama, a pioneering open-source cryptography firm, is preparing to introduce an innovative sealed-bid Dutch auction for its native ZAMA token. According to the official information, this auction aims to leverage cutting-edge Fully Homomorphic Encryption technology to enhance security and fairness in the token distribution process.
Auction Overview
The auction will allocate 12% of the total ZAMA tokens, addressing common challenges in the crypto space such as
- frontrunning
- gas wars
Details of the Auction
Scheduled to take place on the Ethereum blockchain via CoinList, the auction is set for January 21 to January 24, 2026. This strategic move not only highlights Zama's commitment to transparency and security but also positions the company as a leader in the evolving landscape of decentralized finance.
The innovative Zero Knowledge Proof (ZKP) protocol is gaining attention in the crypto space with its unique presale auction model. This contrasts with Zama's upcoming sealed-bid auction for its ZAMA token. For more details, see ZKP Auctions.
