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Gate Square New & Returning Creator Rewards are ongoing!
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Privacy Policy Zama announces that it will launch an on-chain token sale through CoinList and its proprietary auction platform, setting a fully diluted valuation (FDV) floor of $55 million. The sale will use a sealed bid Dutch auction mechanism, selling a total of 12% of ZAMA's total supply of 11 billion tokens. Of these, 2% will be allocated to community sales for Zama NFT holders. The main auction will take place from January 21 to January 24 on CoinList, with the remaining 2% to be sold from January 27 to February 2 at the auction clearing price. The auction floor price is $0.005 per token. (The Block)