Anonymous token auction with no valuation cap? Another veteran project has decided to launch a public ICO. Zama, which previously raised over $150M in institutional funding, is now introducing an anonymous bidding process. Participants can start bidding at a $55M valuation and submit multiple bids with different valuations. Others won’t be able to see how much you’ve bid during the process, achieving true anonymity in the auction. According to disclosures, tokens will be unlocked immediately after the auction ends. Currently, Zama’s last institutional funding round was valued at $1B, and the community speculates that the final public auction valuation might land somewhere between $1B and $2B. Additional info: Previously, Pantera, an investor in market maker Wintermute, was one of the lead investors in Zama’s $1B valuation round.