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ZAMA Token Sale Officially Launched
The highly anticipated ZAMA project token sale is now underway, running from January 21 at 8:00 UTC until December 24. This sale employs a closed Dutch auction model—participants submit confidential bids, and the final clearing price is determined by market demand. This mechanism ensures market-based and fair pricing.
Compared to traditional IDOs, this innovative auction format offers several advantages: the bidding process is completely confidential, the market transaction price is driven by genuine demand, and it avoids unreasonable pricing caused by information asymmetry. For investors interested in participating, there is a relatively long window to evaluate and make decisions.
As a project in the fields of cryptography and privacy computing, ZAMA's token design and sale mechanism embody innovation. Interested participants can review the project whitepaper and technical plans in advance to prepare for the upcoming sale.