Zama launches community sale of ZAMA tokens; OG NFT holders will be eligible for a public auction starting price.

Zama, the fully homomorphic cryptographic network, announced that OG NFT holders can participate in a community sale of ZAMA tokens 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 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 confidentiality. The auction will run from January 12th to 15th, with tokens available for collection on January 20th.