Fully Homomorphic Encryption (FHE), as a cutting-edge technology in the blockchain privacy track, has always been a key focus for industry implementation. The Zama project leverages this core advantage by launching a token public sale through CoinList, bringing new investment opportunities to the market. The public sale is scheduled for January 21st at 8:00 AM (UTC), with a fully diluted valuation (FDV) locked at $55 million. This pricing appears particularly pragmatic given the current market environment. Compared to recent similar projects like Rainbow with a $100 million FDV and Obol with a $125 million FDV, ZAMA clearly reserves ample upside potential for early participants. This conservative pricing strategy itself is a significant benefit for investors.

Zama’s technical strength is the core support for its long-term value. The project’s core team is considered top-tier; co-founder Pascal Paillier is one of the inventors of fully homomorphic encryption technology. CEO Rand Hindi has over twenty years of experience in AI and encryption industries, having gone through four complete encryption cycles. The team also includes 37 PhDs dedicated to technical R&D. Compared to other privacy technologies like Zero-Knowledge Proofs (ZK) and Multi-Party Computation (MPC), FHE offers three major features: security, composability, and verifiability. Its encryption strength is sufficient to resist future quantum computing attacks and can support various DeFi operations such as staking, swaps, and lending in a private state, perfectly addressing the application limitations of other privacy technologies. Currently, Zama’s technology