Zama Protocol’s Token Sale and Distribution Dates Announced

Zama Protocol’s ZAMA token sale concludes on January 24, with tokens fully unlocked by February 2, highlighting privacy technology in blockchain confidentiality.

The sale’s unique auction style potentially impacts Ethereum-related ecosystems while raising privacy standards in token distribution.

Zama Protocol Sets Token Sale End and Distribution

Zama Protocol, an open-source cryptography company based in Paris, announced its token sale end by 20:00 UTC on January 24. Tokens will be distributed and fully unlocked on February 2. The announcement comes as Zama employs a Dutch-style format for the auction. Token claims for Zama on CoinList began on January 21.

Market confidence may be affected by the full unlock policy. Participants using Ethereum wallets noted this choice could influence initial trading post-distribution. Despite auction secrecy tactics designed to mitigate risks, the immediate availability of all tokens post-distribution opens potential for massive market shifts.

“Zama’s auction strategy contrasts typical sales by utilizing confidential auctions with Fully Homomorphic Encryption to prevent front-running and secure fair value assessment.”

Governments and key industry figures have not commented on the Zama sale events. Community sentiment remains muted on channels including Twitter and Telegram, despite the project’s significant technical contributions to privacy computing using Fully Homomorphic Encryption (FHE).

Historical Context, Price Data, and Expert Analysis

Did you know? Full token unlocks can alter short-term market dynamics as supply increases sharply.

Zama (ZAMA) currently trades at $0.06, with a market cap of $140.25 million and a fully diluted valuation of $701.23 million, according to CoinMarketCap. In the last 24 hours, the price has dipped by 0.63%, while the 7-day decline stands at 17.09%. Over the past 90 days, the token has fallen 59.78%. The circulating supply is 2.2 billion tokens.

Research from Coincu indicates that full token unlocks can alter short-term market dynamics as supply increases sharply. Technological scalability and privacy infrastructure advancements may foster long-term growth, although current market conditions remain unpredictable.