[Zama: Sealed Bid Dutch Auction Token Sale to Begin on January 12] BlockBeats News, December 1, the official announcement from the fully homomorphic encryption network Zama stated that 10% of the total ZAMA token supply will be sold through a sealed bid Dutch auction on Ethereum. The auction will utilize fully homomorphic encryption (FHE) to maintain bid confidentiality. Tokens will be unlocked immediately to ensure fair distribution and genuine price discovery, avoiding bot purchases or gas fee wars. The auction will take place from January 12 to 15, and token distribution will occur on January 20. ZAMA is the utility token of the Zama protocol, used for paying encryption and decryption fees, staking or delegating nodes, and helping secure FHE nodes. The mainnet is expected to launch by the end of the year.