Zama ICO at a $55M Floor

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How the Zama Sealed-Bid Auction Works

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Table 1: Initial bids (Alice $5, Bob $4, Charlie $3)

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Table 2: Allocation (Alice 400, Bob 600, Charlie 0)

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Zama Price Dynamics

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How to Participate in Zama ICO

Conclusion

Zama public auction — DropsTab Research

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Zama’s public auction offers entry at a $55M FDV—over 94% below its $1B VC valuation. Here’s how the sealed-bid sale works and why demand may run far higher.

Pantera Capital

Multicoin Capital

Blockchange Ventures

Protocol Labs

Zama Public Auction

United States of America

Delphi Ventures was founded over 25 years ago as one of the first venture capital firms to focus on investing in life sciences companies.

Delphi Ventures

Blockchange Ventures is an investing firm that invest in early-stage blockchain companies, protocols, and applications.

Santiago Roel Santos is the Partner at ParaFi Capital

Santiago Roel Santos

New Form Capital

Contango Digital Assets

The UDHC can help guide projects in order to maintain a compliant arc of decentralization.

UDHC

Decasonic

Activist investor focused on machine economies, accelerated by open-source intelligence, and settled on trustless value networks.

GenerativeVentures

Auros is an algorithmic trading and market making firm that delivers best-in-class liquidity for exchanges and token projects.

Auros Global

Baboon VC

TestMachine

Early stage blockchain venture capital. A JV with Lightspeedvp

Faction

United Airlines Ventures

KSV Global

Litquidity Ventures

Longbrook Ventures

TFJ Capital

Blockskye

Arrington Capital is a thesis-focused digital asset and Web3 investing firm. Since 2017, Arrington Capital has invested in over 200 early-stage companies in the crypto ecosystem. Arrington Capital's crypto-native team of seasoned entrepreneurs, founders, and executives is committed to doubling down on efforts to ensure our partners' success.

Arrington Capital

Framework Ventures is a cutting-edge venture capital firm deeply immersed in the world of decentralized finance (DeFi) and blockchain technology. Founded by Michael Anderson and Vance Spencer, Framework Ventures stands out as a key player in the rapidly evolving landscape of digital assets and blockchain-based financial innovations.

Framework Ventures

W3.io

Pantera Capital is a blockchain and cryptocurrency-focused investment firm and hedge fund. It was founded in 2013 by Dan Morehead, who is a former Wall Street executive and chief financial officer (CFO) at Tiger Management. Pantera Capital is known for being one of the earliest institutional investors in the cryptocurrency space and has been actively involved in supporting the growth and development of blockchain technology and digital assets.

Zama

Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies reshaping trillion-dollar markets. They manage a hedge fund and several venture funds, investing across both public and private markets.

Stake Capital

Protocol Labs is a research, development, and deployment lab for network protocols.

Anatoly is the creator of Solana. He led development of operating systems at Qualcomm, distributed systems at Mesosphere, and compression at Dropbox. He holds 2 patents for high performance Operating Systems protocols, was a core kernel developer for BREW which powered every CDMA flip phone (100m+ devices), and led development of tech that madeProject Tango (VR/AR) possible on Qualcomm phones.

Anatoly Yakovenko

Estonia

Metaplanet Holdings is an early-stage investment firm that invests in diversified sectors. They support novel and evidence-based innovations that could produce an outsized return for the benefit of humankind. The firm specializes in the fields of business development, venture capital, and financial services.

Metaplanet Holdings

Juan Benet is founder, CEO of Protocol Labs.

Juan Benet

Gavin Wood

Reflexive Capital

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality

Avalanche Foundation

Hack VC is a web3 venture capital firm. Hack VC partners with online and offline hackers who are building the future of the internet.

Hack VC

We offer investors intelligently designed investment strategies that take advantage of targeted market opportunities.

VanEck

F-Prime Capital

Dinari

Balaji S. Srinivasan is the CTO of Coinbase and cofounder of Counsyl, Earn, Teleport, and Coin Center. He was previously CEO at Earn.com, which was recently sold to Coinbase. Prior to taking the CEO role at Earn.com, Dr. Srinivasan was a General Partner at Andreessen Horowitz. Prior to joining a16z, he was the cofounder and CTO of FoundersFund-backed Counsyl, where he won the Wall Street Journal Innovation Award for Medicine and was named to the MIT TR35. Dr. Srinivasan holds a BS, MS, and PhD in Electrical Engineering and an MS in Chemical Engineering from Stanford University. He also teaches the occasional class at Stanford, including an online MOOC in 2013 which reached 250,000+ students worldwide.

Balaji Srinivasan

Canada

Version One Supports mission-driven founders who pioneer new areas.

Version One Ventures

Alchemy provides a set of web3 development tools for easily building and scaling a decentralized application.

Alchemy

Venture Capital firm on a mission to uplift people and economies worldwide through entrepreneurship

500 Global

Sancus Ventures is a venture capital firm focused on early-stage startups.

Sancus Ventures

SIG is a global quantitative trading firm committing its own capital to trade financial products around the world.

Susquehanna International Group (SIG)

Third Kind Venture Capital

Hong Kong

Animoca Brands is a global digital entertainment company that specializes in the development and publishing of mobile games, blockchain-based games, and non-fungible tokens (NFTs). They are known for creating and publishing a wide range of popular games, including licensed intellectual properties such as Formula 1, Doraemon, and MotoGP. Animoca Brands is also heavily involved in the blockchain gaming space, leveraging the benefits of blockchain technology and NFTs to create unique gaming experiences.

Animoca Brands

Singapore

NGC Ventures is one of the largest institutional investors of blockchain technologies, and has been a key contributor to a number of leading projects.

NGC Ventures

Taisu Ventures is a VC firm that invests in and empowers early-stage web3 companies across the globe.

Taisu Ventures

Hivello

China

IDG Capital is an investment firm that funds early- to growth-stage companies in the technology sector.

IDG Capital

Blockchain Founders Fund (BFF) is a Singapore based early-stage Venture Capital Fund which invests in top-tier Blockchain startups globally.

Blockchain Founders Fund

NxGen works with founders, VC investors and DAOs to build the third generation of the internet. NxGen support founders along each lifecycle stage with Human, Financial and Social Capital as well as In-house CMO services.

NxGen

Seychelles

Founded in 2018, MEXC Global is a centralized exchange that employs a high-performance mega-transaction matching technology. The CEX platform is run by a team of professionals with extensive financial industries and blockchain technology experience.

MEXC Global (Privcode Capital)

Bing Ventures

Side Door Ventures

XT Labs is a venture capital firm focused on blockchain, digital assets and cryptocurrencies.

XT Labs

Candaq Fintech Group

Cypher Capital is a early stage VC and consultant firm

Cypher Capital

MH Ventures is a world-class community-backed venture capital investing in top blockchain projects of the future.

MH Ventures

Primal is a global Web3 fund backing culture shifting ideas and innovations.

Primal Capital

Master Ventures is a blockchain-focused Venture Studio.

MV Global

Borderless Capital is a Blockchain VC firm and a modern financial institution investing capital and co-building financial products with our portfolio companies that accelerates access, bootstraps adoption, and creates value globally through the Algorand Borderless Economy.

Borderless Capital

Advanced Blockchain

Prosper GmbH & Co. KG

Silencio

United Kingdom

Moonrock Capital is a Blockchain Advisory and Investment Partnership based in London and Hamburg.

Moonrock Capital

We are a pre-seed/seed level investor to empower and support gifted entrepreneurs!

Cogitent Ventures

The CMT Group has acted as a valued collaborator to numerous exchanges, clearing firms, and trading and investment teams, generating edge by pairing market insight with early adoption and innovation of nascent technologies.

CMT Digital

Walden Bridge Capital

ThirdStream Partners LLC invests in venture and strategic opportunities in financial technologies (FinTech) and financial services

Thirdstream Partners

Morgan Creek Capital Management, LLC is an SEC-registered investment adviser

Morgan Creek Digital

GateCap Ventures

Serengeti Asset Management

The Operating Group

ProvLabs

Moonshots Capital

Spexi

Dapper Labs is a consumer-focused flow blockchain product made for fun and games and supports digital collectables.

Dapper Labs

Alliance is the leading crypto accelerator and founder community.

Alliance

Vinny Lingham

FJ Labs

Adam Jackson

InDro Robotics

CyLon Ventures

Lightshift Capital

Blockchain Builders Fund

Akave

Germany

1kx is a venture capital firm that stands at the forefront of the blockchain and crypto space, focusing on investments in decentralized technologies and blockchain-based projects. Founded by Christopher Heymann and Lasse Clausen, 1kx has established itself as a key player in identifying and supporting early-stage companies that are pushing the boundaries of innovation in the crypto ecosystem.

Samsung NEXT is the innovation arm of the Samsung Group, a global conglomerate. Samsung NEXT is known for its role in identifying, investing in, and developing cutting-edge technologies and startups. The primary focus of Samsung NEXT is to explore and invest in emerging technology trends that align with Samsung's broader business strategies.

Samsung NEXT

Early stage venture capital fund focusing on Asia/US cross-border technology investments.

Draper Dragon

iAngels

Chief Operating Officer at SolidX Partners Inc.

Ivan Brightly

Mulana Capital

Joshua Frank

Accord Ventures

Parami Investors

Waldo Holdings

Sean Carey

Pete Townsend

Anfield

Mawari

Outlier Ventures Lights the Way for Visionary Web3 Founders and Provides an Innovative Platform to Bring Their Big Ideas to Life.

Outlier Ventures

071labs

Castrum Capital

FinSec Innovation Lab

United Arab Emirates

Maven Capital provides funding, supporting and advising ambitious cryptocurrency startups from seed to beyond.

Maven Capital

Big Brain Holdings Invests in Seed, Pre-Seed and Early Stage Startups

Big Brain Holdings

Kangaroo Capital

Kima Network

CoinIX

YAY Network is a leading investment syndicate composed of industry leaders, venture capitalists, developers and the advanced retail community.

The syndicate's strategy is driven by a vision to lead the way in adopting crypto and blockchain technologies, facilitating a significant economic transformation while ensuring accessibility for all. Backed by a team of industry veterans and tech experts, we strategically invest in selected startups and provide guidance to talented teams, with the goal of nurturing future unicorns that tackle real-world issues.

YAY Network

The Global Blockchain Business Council (GBBC) is the leading global industry association for the blockchain technology ecosystem with nearly 500 institutional members, and 178 Ambassadors from 95 jurisdictions and disciplines.

GBBC (Global Blockchain Business Council)

Titanium Technologies Group

White Star Capital is an international venture and early growth-stage investment platform in technology.

White Star Capital

Blizzard Fund (Avalanche Ecosystem)

RW3 Ventures invests in the infrastructure, protocols, and applications that are driving growth in blockchain technologies, decentralized finance, and the long-term development of web 3.


SOL Solana	$122.07	0.18%	$68.71 B	$75.34 B	$0.1787	1174.25x	$0.22	555.00x
NEAR Near	$1.48	2.24%	$1.91 B	$1.91 B	$0.2866	5.23x	$0.29	4.40x
WLD World	$0.4952	2.47%	$1.29 B	$4.98 B	--	--	--	--
FLOW Flow	$0.172	1.65%	$280.29 M	$280.29 M	$0.10	1.72x	$0.10	1.08x
MINA Mina Protocol	$0.07818	4.34%	$99.09 M	$99.09 M	$0.20	0.41x	$0.25	0.31x
CSPR Casper Network	$0.004561	−3.11%	$62.76 M	$64.97 M	$0.01	0.46x	$0.03	0.24x
SKL SKALE	$0.01001	0.45%	$60.80 M	$62.81 M	$0.0095	1.54x	$0.03	0.33x
SQD SQD	$0.062	−5.88%	$57.68 M	$82.89 M	$0.01744	3.56x	$0.094	0.66x
DESO Decentralized Social	$4.83	7.33%	$42.91 M	$52.21 M	--	--	--	--
AUDIO Audius	$0.02889	1.16%	$39.94 M	$39.94 M	--	--	--	--
BTRST Braintrust	$0.1234	−0.65%	$29.78 M	$30.85 M	$2.99	0.19x	$0.996	0.15x
NATIX NATIX Network	$0.0002848	−0.43%	$11.57 M	$28.37 M	--	--	$0.001	0.28x
MINIMA Minima	$0.008879	2.16%	$5.21 M	$8.88 M	$0.09	0.36x	$0.21	0.04x
MFT Mainframe	$0.0004896	−0.85%	$4.60 M	$4.90 M	$0.0036	0.14x	--	--
KIMA Kima Network	$0.04637	15.83%	$3.04 M	$9.69 M	--	--	$0.214	0.22x
SHFT Shyft Network	$0.0004302	−1.08%	$1.00 M	$1.08 M	--	--	$0.20	--
WMINIMA Wrapped Minima	$0.007062	0.00%	$882,750.00	$882,750.00	$0.0725	0.30x	$0.30	0.03x
NODL Nodle Network	$0.0001467	29.67%	$179,666.58	$288,067.51	$0.002	0.07x	$0.094	--
HVLO Hivello	$0.000116	0.02%	$81,238.31	$1.16 M	--	--	$0.0045	0.03x
TRN t3rn	$0.00684	−7.24%	$68,727.69	$690,800.00	--	--	$0.50	0.01x

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