Zama has already launched perpetual contracts on a leading exchange at a current price of $0.14. Based on a total supply of 11B, the FDV is approximately $1.5B.
This market movement is absolutely a pleasant surprise for players who previously held Zama OG NFTs——with individual NFTs generating returns as high as $6000, representing nearly a 30x increase. Such returns are already quite rare in the crypto market.
Interestingly, looking back at Zama's Dutch auction mechanism, many people were puzzled about why they didn't set a cap on FDV. Now it makes sense——it wasn't an oversight at all, but rather a deliberate choice from the start not to impose a ceiling on the financing scale. The logic behind this design reflects the project team's confidence in market demand and represents an aggressive financing strategy.
Zama has already launched perpetual contracts on a leading exchange at a current price of $0.14. Based on a total supply of 11B, the FDV is approximately $1.5B.
This market movement is absolutely a pleasant surprise for players who previously held Zama OG NFTs——with individual NFTs generating returns as high as $6000, representing nearly a 30x increase. Such returns are already quite rare in the crypto market.
Interestingly, looking back at Zama's Dutch auction mechanism, many people were puzzled about why they didn't set a cap on FDV. Now it makes sense——it wasn't an oversight at all, but rather a deliberate choice from the start not to impose a ceiling on the financing scale. The logic behind this design reflects the project team's confidence in market demand and represents an aggressive financing strategy.