ZamaPrice

(ZAMA)

Zama is an open-source cryptography company behind the Zama Confidential Blockchain Protocol. It aims to introduce true privacy to Web3 and AI applications. The core problem it solves is achieving this privacy on blockchains while maintaining transparency and composability. Zama addresses this by utilizing Fully Homomorphic Encryption (FHE), a groundbreaking technology that enables computations on encrypted data without requiring decryption. This ensures data remains confidential throughout processing, offering a robust solution for sensitive operations in a public blockchain environment.

FHE is a sophisticated cryptographic method allowing computations on encrypted data directly, ensuring privacy even during processing. Zama utilizes FHE to develop "confidential smart contracts" that can execute operations on encrypted information. This guarantees end-to-end encryption for transaction inputs and states, preventing even node operators from viewing the underlying data. Zama's protocol specifically employs the TFHE (Torus Fully Homomorphic Encryption) scheme, recognized for its capability to perform unlimited exact computations on encrypted data, making it ideal for Zama's privacy-preserving blockchain solutions.

The Zama Protocol functions as a confidentiality layer integrated atop existing blockchain networks, such as L1s or L2s, instead of being a standalone chain. Its primary role is to facilitate the confidential issuance, management, and trading of assets on public blockchains. Core features include end-to-end encryption, seamless composability with both confidential and standard contracts, and customizable programmable confidentiality. Architecturally, Zama employs symbolic execution to isolate on-chain logic from intensive FHE computations. For secure decryption, it utilizes threshold decryption combined with a Multi-Party Computation (MPC) Key Management Service (KMS).

The $ZAMA token serves several critical functions within its protocol. Firstly, it is essential for network security and staking, acting as the main asset validators stake to operate coprocessors and Key Management Service (KMS) nodes. Secondly, the token is used for all protocol fee payments, covering interactions like encrypted input verification, decryption requests, and cross-chain bridging. Thirdly, $ZAMA empowers token holders with governance participation, allowing them to engage in on-chain voting for protocol decisions. Lastly, it plays a vital role in operator incentive alignment, fostering honest and reliable behavior among network participants through economic mechanisms.

As of early 2026, there is no official Zama token currently available for trading on any exchanges. Any offerings before the official launch are considered fraudulent. The official ZAMA token launch is planned in conjunction with the mainnet, with its distribution and listing anticipated in late 2025 or early 2026. For those interested in participating directly, a public Dutch auction for the ZAMA token is specifically scheduled to take place from January 21 to January 24, 2026.

To potentially qualify for future ZAMA airdrops, users are encouraged to visit the Zama public testnet page. There, they can engage by completing various on-chain and community tasks. It is crucial to link their cryptocurrency wallet prior to any snapshot periods that might determine eligibility. Regarding the public token sale, a public Dutch auction for ZAMA is scheduled to occur from January 21 to January 24, 2026. This auction will be the primary opportunity for the broader community to acquire ZAMA tokens directly.