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Privacy Policy Zama will launch token sales through CoinList and its proprietary auction app
Crypto界消息，Privacy Protocol Zama announces it will launch on-chain token sales through CoinList and its own auction app, with a fully diluted valuation (FDV) floor price of $55 million. The sale will use a sealed bid Dutch auction structure, distributing 12% of its total supply of 11 billion tokens. Zama co-founder and CEO Rand Hindi stated that the 12% token sale is divided into three parts: a 2% community sale to Zama’s NFT holders this week; an 8% sealed bid Dutch auction in partnership with CoinList from January 21 to 24; and a final 2% sale at the clearing price via auction from January 27 to February 2. CoinList is the primary distribution partner for the auction, but the sale is not exclusive to the platform; participants can also bid through Zama’s own auction app. The main auction will be conducted on the Ethereum mainnet, with a token floor price of $0.005.