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Deep Tide TechFlow News, January 14 — According to The Block, the crypto privacy protocol Zama will launch a fully on-chain token sale through CoinList and its own auction app, using a sealed-bid Dutch auction structure with a baseline valuation of $55 million. The sale will allocate 12% of the total supply of 11 billion ZAMA tokens.
The sale is divided into three parts: a 2% community sale for NFT holders this week, an 8% main auction from January 21 to 24 via CoinList, and a 2% follow-up sale from January 27 to February 2 settled at auction price.