Zama will launch its token sale through CoinList and its own auction app, with a starting price of $55 million for FDV.

Crypto privacy protocol Zama will launch an on-chain token sale through CoinList and its own auction application with a fully diluted valuation (FDV) floor of $55 million, using a sealed-bid Dutch auction structure, allocating 12% of its total supply of 11 billion tokens.