Zama launches community sale of ZAMA tokens; OG NFT holders are eligible for a public auction starting price.
TL;DR
Zama's community sale allows OG NFT holders to buy ZAMA tokens at the public auction reserve price, with a $55M FDV and up to 40,000 tokens per holder. Holders also get a 5% reward post-auction, and the sale uses FHE for confidential bidding from Jan 12-15.
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According to Odaily Odaily, the fully homomorphic crypto network Zama officially announced that OG NFT holders can participate in the ZAMA token community sale at the reserve price of a public auction. The FDV is $55 million, with a maximum allocation of 40,000 ZAMA tokens per holder. At the end of the public auction, any user holding a Zama OG NFT will receive a 5% reward of the winning bid (maximum of 1 OG NFT per wallet).
Previously, it was reported that Zama would sell 10% of its total ZAMA token supply through a sealed-bid Dutch auction on Ethereum, using fully homomorphic encryption (FHE) to maintain the confidentiality of the bidding. The auction will run from January 12th to 15th, with tokens available for collection on January 20th.