Is Zama a scam?

Asked about Zama (ZAMA), market cap rank #371.

Short answer

Zama (ZAMA) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-06-07

Red flags raised

  • No hard cap on total token supply
  • Public scam allegations have been raised
  • A single wallet holds over 10% of supply
  • Top 10 wallets hold more than 50% of supply
  • Top 10 wallets hold more than 70% of supply
  • Less than 50% of supply is circulating

Positive signals

  • CEO and COO are publicly identifiable with LinkedIn profiles
  • Whitepaper available with high quality
  • Active social media presence with large following
  • Audit conducted by Cyberscope

Security audits

1 audit on record.

  • Cyberscope (2026-04-15) — unknown

Team transparency

The Zama team is doxxed — public identities are known.

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