The global Fully Homomorphic Encryption (FHE) market is projected to reach approximately $3.1B by 2026, driven by increasing demand for next gen security with Zama being the only fully fledged FHE security solution provider in this market. Their public auction for the $ZAMA token is now live, shaking up token sales with the exact FHE encryption tech they provide to ensure fair bidding ➡️ Auction Style: A sealed-bid Dutch auction on Ethereum, where bids stay secret to avoid front-running, gas wars, or bots gaming the system. ➡️ Key Dates: Bidding is already starting and runs until January 24 at 8:00 PM UTC; tokens can be claimed starting February 2 with no lockups or vesting periods. ➡️ Token Specs: Out of a total 11 billion $ZAMA supply, 880 million (8%) are up for grabs at a floor fully diluted valuation of $55 million ($0.005 per token); bids in USDC, USDT, or DAI, in $0.005 increments. ➡️ What $ZAMA Does: Powers fees for encryption and decryption, plus staking to secure FHE coprocessors and key management system nodes in the Zama Protocol, a major privacy boost for chains like Ethereum and Solana. ➡️ Over $5 million shielded and 965 bids are placed so far in the sale with OG NFT holders score a 5% bonus on filled bids and entry to a 2% community sale at the floor price. This launch is a game-changer for privacy in blockchain, positioning Zama as a frontrunner in FHE innovation, proud to see more of these improvements in raise technology and transparency by teams! Read more below 👇