Zama to hold public token sale auction starting Jan. 12

Open-source cryptography developer Zama announced via X that it will hold a public sale auction for its native ZAMA token on the Ethereum chain from Jan. 12 to 15. The sale will use a sealed-bid Dutch auction format to distribute 10% of the total token supply. Tokens will be allocated in an unlocked state immediately following the auction's conclusion, with the token claim scheduled for Jan. 20.