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The pre-sale of the Zama project has started and KYC verification is required. Accordingly, TGE is expected to take place on February 2nd. As an NFT holder, I am considering participating with an amount of 55M in this round. During the auction phase, I plan to take a position more comfortably if the FDV remains in the range of 300-400M. In early-stage projects like this, such valuation ranges generally provide a reasonable entry point for initial investors.