what's zama?
Zama is an open-source cryptography company specializing in Fully Homomorphic Encryption (FHE) solutions for blockchain applications. It develops the Confidential Blockchain Protocol to enable private smart contracts on any Layer 1 or Layer 2 chain, keeping data encrypted during processing. Through tools like FHEVM, Zama empowers developers to build confidential dApps and fosters innovation via grants and a bounty program.
Zama enabled CoinList auction participation and listed perpetual contracts on Binance/Bybit.
Links
x.com/zama_fheEnabled participation in the Zama auction through CoinList platform in addition to the native Zama app.
Listed perpetual contracts on Binance and Bybit for pre-market trading.
Implements a vesting schedule or lock-up period for airdropped tokens, requiring recipients to buy tokens at a discount rather than receiving them freely.
Launched wallet registration requiring email confirmation and passport verification.
Active testnet stress testing begins with demo application featuring EUROZ token minting, shielding to cEUROZ, and confidential transaction functionality.
OpenZeppelin x Zama Confidential Contracts v0.3.0 ships with FHE upgrade to fhevm/solidity 0.9.1 and new extensions including RWA, Omnibus, Observer Access, Restricted, and Freezable.
Developer Program launches two new tracks (Builder and Bounty) with $20,000 total prize pool, offering $10,000 per track split among the top 5 submissions for building FHEVM demo applications and standalone feature examples, with winners also receiving Zama OG NFTs.
Testnet war games concluded and testnet will undergo a big upgrade with many fixes, with another round of testing planned.
The January Dutch auction has a floor price set at $55M FDV.
Registration for the sealed-bid Dutch auction opens December 14, with bidding scheduled for January 12-15 and claims starting January 20, selling 10% of token supply using FHE-powered confidentiality and a clearing price mechanism that refunds bids below the final price.
Creator Program Season 5 is now live with $50,000 prize pool for top 100 creators and 1,006 OG NFTs for top 1,006 creators.
The project operates as a privacy layer on top of existing blockchains like ETH and SOL rather than as a standalone L1 or L2.
Zama uses Conduit blockchain technology to power its FHE decryption infrastructure.
Project raised over $150 million at a $1 billion valuation from investors including Multicoin and Pantera.
The sealed-bid Dutch auction has gone live on Ethereum with a 55 million floor price, while some prominent accounts warn about coordinated shilling activity from influencers.
Public auction launches Jan 12-15 via sealed-bid Dutch auction distributing 10% of supply on Ethereum, with tokens claimable Jan 20 and unlocked immediately, using FHE protocol for confidential bidding. Mainnet expected by year-end with token fully functional before auction.
ZAMA token launches in December with 10% community distribution allocated to reward testnet users and early adopters who engaged with FHE tools.
Tokenomics revealed featuring a burn and mint model for operator rewards, with the token used for protocol fees and staking.
Team releases teasers for upcoming $ZAMA Token Generation Event and mainnet launch with tokenomics yet to be published. Season 4 Creator Campaign ends first week of December.
Unit 410 announced as next genesis operator for Zama Protocol, bringing full-service self-custody and staking expertise since 2018 to secure the private FHE key as an MPC Operator supporting crypto-native institutions.
Season 3 Creator Program distributed total rewards of $56,000+ with top 100 sharing $50K, 12 selected creators splitting $6K, and OG NFTs awarded to ranks 1-1000.
Creator Program Season 3 completes with 9,300 creators generating 140,000 posts and over 250 million X impressions, with FHE reaching top 5 most talked about topic in web3. First prize exceeded $4,000.
Artifact Systems announced as next genesis operator, bringing SOC 2 certified institutional infrastructure with private data enclaves and zero-trust architecture. Creator Program Season 4 launches.
OpenZeppelin announced as genesis operator for Zama Protocol, bringing 10 years of blockchain security expertise and smart contract libraries that secure over $32 trillion in value transferred to help secure the private FHE key.
Zama completes acquisition of KakarotZkEvm, uniting zkVM technology with FHE capabilities and adding the team that advanced on-device proof generation and proved the full Ethereum protocol inside a zkVM.
LayerZero becomes genesis operator for Zama Protocol, bringing its interoperability protocol that connects $80B in tokenized assets across 600+ organizations and 150+ blockchains. LayerZero partners with PayPal USD, Google Cloud, and the State of Wyoming.
Ecosystem Builder Demo features tokenGBP (tGBP), a GBP-pegged stablecoin from an FCA-registered cryptoasset firm that uses the Zama Protocol.
BlockscapeLab announced as the next genesis operator, a Swiss validator with 7+ years of experience and $1B+ in AUM running thousands of nodes across Ethereum and Cosmos ecosystems. Another genesis operator reveal scheduled for tomorrow.
Season 3 Creators Campaign concludes with "Zama OG" NFT distribution to top 1,000 participants, offering early alpha access and potential $ZAMA allocation. Project raised $150M at $1B valuation.
Stake Capital Group announced as the next genesis operator to help secure the private FHE key powering the protocol, with another genesis operator reveal scheduled for Monday.
A Tester Program launches soon, described as one of the strongest activities to focus on.
Zama hosts events including Zama World's Fair and CoFHE Shop in Buenos Aires alongside EFDevcon conference, with tickets currently on sale.
Etherscan announced as the next genesis operator to help secure the private FHE key powering the protocol, with another genesis operator reveal scheduled for tomorrow.
Zama listed among infrastructure projects planning Token Generation Event between now and end of year.
Dfns Labs announced as next genesis operator to help secure the private FHE key powering the protocol, with another genesis operator reveal scheduled for tomorrow.
OG NFT contains a hidden scan code feature that displays "you're too early" message when scanned, with the claim window not yet opened despite the claim page being live.
P2P Validator announced as fourth genesis operator to help secure the private FHE key that powers the protocol. Fifth genesis operator announcement scheduled for tomorrow.
Season 3 Creators Campaign ends in 5 days, with 1,750 of the 3,500 total NFTs allocated to this campaign and top 1,000 participants receiving "Zama OG" NFT designation with early alpha access and possible token allocation.
OG NFT claim page goes live with 3,500 total supply on Ethereum Mainnet for early developers, researchers, and community members, mint date to be announced.
Conduit announced as second genesis operator to secure FHE key and ensure confidential, verifiable computation.
Zama listed among major upcoming Token Generation Events (TGEs) being watched by crypto traders.
InfStones announced as third genesis operator, supporting validator operations on 80+ blockchains and securing over $5B in assets. Backed by SoftBank, GGV, Dragonfly, HashKey, and SNZ, and trusted by Binance, OKX, Circle, and CoinList.
Protocol operates with 18 genesis operators using Delegated Proof-of-Stake consensus (13 KMS nodes, 5 FHE Coprocessors), with Figment announced as first operator securing over $17B in digital assets for 1,000+ institutional clients. Daily announcements of additional genesis operators scheduled ahead of next release.
Social media engagement reaches 1 million posts about the project in one week.
Major announcement about next milestone scheduled at EFDevcon in Buenos Aires, focused on the future of blockchain confidentiality.
Collaboration with Fhenix and Inco Network on Confidential Token Standard approach using shielded ERC20s, with published research demonstrating sub-second latency for millions of users in anonymity sets. FHE-native approaches for anonymity features are under active development.
TGE targeted for end of year. Season 3 Creator Program distributes $56K in rewards: $50K to top 100 creators, $6K to 6 selected winners, and OG NFTs for ranks 101-1000.
Achieves top 20 mindshare ranking across all leaderboards with 99.6% positive sentiment.
Market participants are positioning for the project to join the current privacy narrative rotation alongside $ZEC and $RAIL, indicating anticipated trading attention in the privacy sector.
FHEVM repository is trending on GitHub. A TEE vs FHE debate featuring Zama representatives is scheduled for tomorrow at 5pm GMT.
Raised $130 million in funding with public testnet currently ongoing and TGE timing to be determined.
Creator Program Season 2 ends with 65 million total impressions and winners announced.
Launches Creator Program Season 3 for community builders and developers.
Zama appears on a list of projects targeting Q4 TGE launches in the infrastructure category.
Protocol metrics show 855K transactions, 15.1K contracts, 114.9K users, and 1.1 Sepolia ETH in total transaction fees.
Announces major FHE performance breakthrough achieving sub-1ms bootstrapping and 230 tps, with plans to reach 1000 tps within months and 100k tps by 2029.
Partnership with ImHuman and DeepSea AI Network announced for real human verification and Confidential AI applications within the ecosystem.
Announces target of achieving 10% confidential blockchain transactions using their FHE technology as outlined in recent leadership interview.
Sponsors RWA Singapore event with Director of Business Development Antoine Hello speaking at the conference.
The creator program includes retroactive rewards with NFT airdrops for previous content creators and cash payments for heavy contributors who posted about the project before the program launch.
New Creator Program launches with $50k monthly rewards, distributing significant $ZAMA token supply over multiple years through anti-bot contest mechanism.
Development team reveals blockchain scalability, not FHE, consumes 90% of protocol development resources.
New benchmarks show competitor outperforming current FHE implementations by 2x.
Controls 70% of FHE tooling market share while building universal blockchain privacy layer.
€10,000 bounty program launches for developing privacy-focused transaction batching bot, with 1 week remaining for submissions.
Custom ZK scheme achieves sub-2-second proof generation, significantly faster than existing solutions requiring tens of seconds.
Protocol expansion to Ethereum and other EVM chains scheduled for end of year, with chain-agnostic infrastructure supporting cross-chain deployment.
Protocol secures $150M+ funding at $1B+ valuation, with mainnet and token launch scheduled for Q4; implements deflationary mechanism burning 100% of protocol fees.
Community grows 566% in 2 weeks, reaching 200k followers.
New partnership with OpenZeppelin established to enhance smart contract security and privacy features.
Testnet achieves 1 million FHE computations milestone, representing 67% increase from previous metrics.
Fake token trading on PancakeSwap reaches 60M FDV, posing immediate risk to traders.
Warning: Fake tokens circulating while no official token exists yet.
Testnet processes 600,000 FHE operations in 72 hours while experiencing ongoing decryption issues.
$130M funding secured with backing from Pantera Capital.
Mainnet launch scheduled for Q4 2024.
Testnet launches with initial features including token claiming (USDZ, Sepolia ETH), transfer functionality, and USDZ/CUSDZ shielding, but experiences temporary downtime due to unexpected load with 2-hour estimated recovery time.
Public testnet experiences downtime due to high traffic volumes; team working on restoration.
Public testnet launches with Confidential Blockchain Protocol implementation enabling private onchain applications.
FHE technology achieves 10x speed improvement, marking significant technical milestone.
Series B raises $57M at $1B+ valuation; Confidential Blockchain Protocol announced with July 1st testnet launch.
New partnership with Conduit XYZ announced to power Confidential Blockchain Protocol.
New FPGA supercomputer deployment marks significant hardware advancement for FHE acceleration technology.
CTO and Co-Founder receives IACR Fellowship for contributions to homomorphic encryption.