Zama runs a recurring Developer Program that pays out per-season rewards to people who build confidential dApps on the Zama Protocol, its FHE-based confidentiality layer. Seasons have themes (e.g. confidential finance, composable privacy) and prizes are paid in confidential USD (cUSDT) built on ERC-7984. It is aimed at Solidity developers rather than passive click-farmers.
Participation is by building, not by wallet activity. Each season you build a confidential dApp on the Zama Protocol and submit it: a smart contract plus frontend, clear documentation, and a roughly 3-minute video pitch, deployed on Sepolia testnet or Ethereum mainnet. Zama has also run a 4-week cohort-based onboarding program led by a Zama-certified developer, aimed at Solidity developers with no prior FHE experience.
Submissions are judged and only selected winners are rewarded. Season 2 ("Confidential Finance Is The Next Frontier") had a Builder Track paying 7,000 cUSDT split as 1,000 cUSDT each to 7 winners, and drew 234 submissions across three tracks with 15 winners. Season 3 ("Composable Privacy Is the Key") offered 2,500 cUSDT for the winning project, and participants were encouraged to post their project on X tagging @zama with #ZamaDeveloperProgram. Season 4 asked builders to ship a confidential version of the prize-savings app PoolTogether, with 5,000 cUSDT in rewards and a stated submission deadline of September 5.
Seasons roll over — Zama stated after Season 2 that the next season was already underway — so check zama.org for the season currently accepting submissions and its exact deadline and eligibility before starting. Note that ZAMA itself is already live: the Zama Protocol went to mainnet on December 31, 2025, so this program pays cUSDT prizes for accepted builds rather than an open points-to-token allocation.
Facts only — Puqet doesn't rate airdrops as good or bad. Use this to form your own judgment, and always double-check against the project's own official docs.
ZAMA is the native utility token of the Zama Confidential Blockchain Protocol: protocol fees (ZKPoK verification, decryption, ciphertext bridging) are paid in ZAMA and 100% of fees are burned, while holders stake to operators (FHE coprocessors and KMS nodes) under delegated proof-of-stake to secure the network and earn minted rewards at an initial ~5% inflation rate, adjustable by governance. The protocol itself is a chain-agnostic confidentiality layer using fully homomorphic encryption so smart contracts can compute on encrypted data.
Reported total supply of 11 billion ZAMA. Distribution reported as VCs 20%, team 20%, treasury 20%, public sale 12%, angels 10%, growth 10%, TGE campaigns 6%, liquidity 2%, with the 12% public sale distributed via a sealed-bid Dutch auction. Emissions are inflationary at an initial ~5% rate, adjustable via governance, with rewards split by operator role.
Raised a $57M Series B at a $1B+ valuation co-led by Pantera Capital and Blockchange Ventures (June 2025), bringing total funding to over $150M; the earlier $73M Series A was led by Multicoin Capital and Protocol Labs.
Doxxed. Founded in 2020 by Dr. Rand Hindi (CEO, serial AI entrepreneur) and Dr. Pascal Paillier (CTO), the cryptographer behind the Paillier cryptosystem and holder of around 25 patent families. Paris- and Zug-based, described as including 37 PhDs in cryptography/ML with engineers across 26 countries.
Signals are builder-driven rather than farm-driven: Zama is an established open-source cryptography company with third-party research coverage (Messari, Figment) and an official community forum where seasons are announced. Worth noting that rewards go only to judged winners, not to all participants, and that the token has already launched, so there is no open points-to-airdrop formula here. No prior red flags surfaced in the sources reviewed.
No live market data yet — here's what's known about the project instead.
ZAMA is the native utility token of the Zama Confidential Blockchain Protocol: protocol fees (ZKPoK verification, decryption, ciphertext bridging) are paid in ZAMA and 100% of fees are burned, while holders stake to operators (FHE coprocessors and KMS nodes) under delegated proof-of-stake to secure the network and earn minted rewards at an initial ~5% inflation rate, adjustable by governance. The protocol itself is a chain-agnostic confidentiality layer using fully homomorphic encryption so smart contracts can compute on encrypted data.
