Does ZAMA require a sealed auction for new listings? What's the matter?
@zama recently announced that its Token is about to launch, The $ZAMA Token.
While browsing the @zama documentation, I came across an interesting one in the Use cases - Sealed auction.
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This bidding method refers to all bidders simultaneously submitting bids through sealed bids, with no one knowing the bids of others, and the bidder with the highest bid winning the item.
Each participant will submit an encrypted bid on the chain. When the auction ends, the participant with the highest bid will win the item, and the specific amounts of all bids will not be disclosed.
The key point is this sentence in the document: "This is an especially effective method for public token sales."
It is known that ZAMA will have a public sale for new listings, but it is unknown whether @zama's own public sale will adopt this model?
#ZamaCreatorProgram
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Does ZAMA require a sealed auction for new listings? What's the matter?
@zama recently announced that its Token is about to launch, The $ZAMA Token.
While browsing the @zama documentation, I came across an interesting one in the Use cases - Sealed auction.
//
This bidding method refers to all bidders simultaneously submitting bids through sealed bids, with no one knowing the bids of others, and the bidder with the highest bid winning the item.
Each participant will submit an encrypted bid on the chain. When the auction ends, the participant with the highest bid will win the item, and the specific amounts of all bids will not be disclosed.
The key point is this sentence in the document: "This is an especially effective method for public token sales."
It is known that ZAMA will have a public sale for new listings, but it is unknown whether @zama's own public sale will adopt this model?
#ZamaCreatorProgram