every major token launch in the last three years has been a masterclass in extractive design, look at $SAHARA $IP $BERA $MON $ZAMA's could be biggest spotlight for the privacy and ai track, so i am bullish on their sealed-bid single-price dutch auction public sale. 90% of token launches are rigged and @zama's new auction mechanics will set the stage for future public sales. ✓ encrypted orderflow ✓ uniform pricing ✓ mempool independence ✓ self-custodied bidding ✓ quantity-based fairness ✓ zero time-priority advantage zama is using their own FHE tech to run a sealed-bid, single-price dutch auction with encrypted quantities, this means our public sales would look like: - sealed bids = you can't see the quantity that anyone else is bidding, but you can see the price that they bidded. - single-price = everyone pays the same clearing price, not what they individually bid. this is the only mechanism that doesn't punish you for bidding your true value. - encrypted quantities = here's where @zama's FHE does actual work. your bid price is public (necessary for price discovery), but your bid size is encrypted. so we take out the game-theory aspect