Zama Announces On-Chain Token Sale with $55 Million Fully Diluted Valuation Floor
CoinList will host Zama’s public token sale on January 21, offering 8% of supply at $55M FDV with a $100 minimum entry requirement.
Fact Check
The assessment is based on a strong consensus across multiple high-authority sources. Both primary sources (official announcements from the sale platform, CoinList, as referenced by Messari and ainvest.com) and highly reputable secondary journalistic sources (The Block) explicitly and consistently corroborate every element of the claim. Specifically, the sources confirm that Zama is the entity, that it is conducting an 'on-chain' token sale, and that the sale has a floor price set at a '$55 million fully diluted valuation (FDV)'. News reports from other crypto platforms like Phemex and KuCoin further reinforce these exact details. There are no contradictions in the provided evidence. The unanimity and high credibility of the sources make the statement's truthfulness extremely probable.
Summary
CoinList announced it will host Zama’s public token sale starting January 21 at 8:00 UTC. The sale will feature a fully diluted valuation of $55 million, with 8% of the total token supply available. Participants must invest at least $100 to join the sale.
Terms & Concepts
- Fully Diluted Valuation (FDV): An estimate of a cryptocurrency's market capitalization if all possible tokens were in circulation.
- Token Supply: The total number of tokens created for a cryptocurrency project, including circulating and locked tokens.