ZAMA Token Sale Breaks Down: OG NFT Holders Lock In Floor Price, Here's the Timeline

Zama just rolled out the details for its highly anticipated ZAMA token community sale, and OG NFT holders are sitting pretty. Here’s what you need to know about the auction structure and why the coin flooring mechanism matters.

The NFT Holder Edge: Floor Price Access + 5% Bonus

If you’re holding a Zama OG NFT, you’re getting direct access to the community sale at the public auction floor price—no bidding wars required. Each wallet can snag up to 40,000 tokens, with the FDV pegged at $55 million. But wait, there’s more: holders will unlock a 5% reward based on the final sale price (one NFT per wallet), which essentially sweetens the deal on top of the floor price participation.

How the Auction Actually Works: Sealed Bids & Encryption

The mechanics are pretty slick. Zama is distributing 10% of total ZAMA token supply through a sealed-bid Dutch auction happening on Ethereum. To keep things fair and prevent bid manipulation, the platform leverages fully homomorphic encryption (FHE)—basically cryptographic tech that hides bid amounts while still letting the system function. It’s a clever way to establish an authentic market floor price without leaking information during the auction process.

Mark Your Calendar: Auction Timeline

The sealed-bid Dutch auction kicks off January 12 and runs through January 15. If you’re planning to claim your tokens, January 20 is when redemption goes live. That gives winners a few days to settle before they can move their ZAMA holdings.

This setup ensures that participants hitting the coin flooring level get fair entry pricing while OG NFT holders enjoy both predictable pricing and the bonus allocation on top—a rare combo in token launches.