๐๐ฅ๐๐๐ง๐ข๐ฅโซ๏ธ๐๐ข๐ก๐ง๐ฅ๐๐๐จ๐ง๐ข๐ฅ DAY 1 @Arc supporter
WEST AFRICA
Joined September 2023
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๐๐จ๐ก๐๐ข๐๐๐๐: ๐๐ซ๐ฃ๐๐ข๐ฅ๐๐ก๐ ๐ง๐๐ ๐ฃ๐ข๐ช๐๐ฅ ๐ข๐ ๐๐ก๐๐ฅ๐ฌ๐ฃ๐ง๐๐ ๐ก๐๐ง๐
One technology I find particularly interesting in Web3 is Fully Homomorphic Encryption (FHE).
And @FungoLabs is exploring some exciting possibilities with it.
Think about how data normally works on a blockchain. For a smart contract to process information, that information usually needs to be accessible during computation.
FHE changes that.
Imagine sending a calculator two numbers, but both numbers are encrypted. The calculator performs the addition without knowing either value, and even the result remains encrypted.
Thatโs the power of Fully Homomorphic Encryption.
Now, hereโs where @FungoLabs comes in.
By using @zamaโs FHEVM technology, FungoLabs is bringing encrypted computation into NFTs, allowing certain NFT data to remain private while still being processed onchain.
This goes far beyond keeping NFT artwork hidden.
It could enable things like:
Private in-game attributes and player stats.
NFTs with encrypted properties.
Applications that process sensitive information without revealing the underlying data.
Whatโs interesting is the shift in how we think about blockchain privacy.
We donโt always need information to be publicly visible for it to be useful or verifiable.
We can keep the data private and still let smart contracts work with it.
Thatโs a powerful concept, and @FungoLabs is showing how it could create new possibilities for NFTs and onchain applications.
๐๐จ๐ก๐๐ข๐๐๐๐ ๐๐๐ก๐๐ฆ๐๐ฆ ๐ก๐๐ง
The FungoLabs Genesis NFT mint officially goes live on November 5, and this isnโt just another ordinary NFT sale.
Itโs introducing an encrypted bidding auction powered by @zamaโs Fully Homomorphic Encryption (FHE).
๐จ๐๐ฒ๐ฟ๐ฒโ๐ ๐๐ต๐ ๐โ๐บ ๐ฝ๐ฎ๐๐ถ๐ป๐ด ๐ฎ๐๐๐ฒ๐ป๐๐ถ๐ผ๐ป. ๐งต๐
First, letโs talk about the supply.
There will be 3,000 Genesis NFTs in total:
โข 500 NFTs reserved for whitelisted holders (gas fee only).
โข 2,500 NFTs allocated to the public sale.
๐๐ป๐ฑ ๐๐ต๐ฒ๐ฟ๐ฒโ๐ ๐ฎ๐ป ๐ถ๐ป๐๐ฒ๐ฟ๐ฒ๐๐๐ถ๐ป๐ด ๐ถ๐ป๐ฐ๐ฒ๐ป๐๐ถ๐๐ฒ:
Each Genesis NFT will receive 1,113,861 $FUNGO at TGE.
Thatโs a significant part of what makes this mint worth watching.
๐จ๐ก๐ผ๐, ๐ต๐ฒ๐ฟ๐ฒโ๐ ๐๐ต๐ฒ๐ฟ๐ฒ ๐๐ต๐ถ๐ป๐ด๐ ๐ด๐ฒ๐ ๐ถ๐ป๐๐ฒ๐ฟ๐ฒ๐๐๐ถ๐ป๐ด.
The auction will use Zamaโs FHE technology to keep bids private.
Participants will bid using cZAMA, choosing their preferred price and quantity.
But unlike traditional auctions, neither bid prices nor quantities will be visible while bidding is open.
Your bidding strategy stays encrypted.
๐จ๐๐ผ๐ ๐ฑ๐ผ๐ฒ๐ ๐๐ต๐ฒ ๐ฎ๐๐ฐ๐๐ถ๐ผ๐ป ๐ฑ๐ฒ๐๐ฒ๐ฟ๐บ๐ถ๐ป๐ฒ ๐๐ถ๐ป๐ป๐ฒ๐ฟ๐?
Once bidding closes, all bids are revealed and ranked from highest to lowest.
The lowest successful bid becomes the final clearing price.
This means every successful bidder pays the same final price, regardless of how much they initially offered.
An interesting approach to price discovery.
๐จ๐ช๐ต๐ฎ๐ ๐ต๐ฎ๐ฝ๐ฝ๐ฒ๐ป๐ ๐ฎ๐ณ๐๐ฒ๐ฟ ๐๐ต๐ฒ ๐ณ๐ถ๐ป๐ฎ๐น ๐ฝ๐ฟ๐ถ๐ฐ๐ฒ ๐ถ๐ ๐ฑ๐ฒ๐๐ฒ๐ฟ๐บ๐ถ๐ป๐ฒ๐ฑ?
โข Bids above the clearing price receive their requested NFT quantity.
โข Bids at the clearing price share the remaining supply proportionally.
โข Bids below the clearing price receive no NFTs and get their cZAMA refunded.
The system is designed to allocate NFTs based on the auction results.
๐จ ๐ง๐ต๐ฒ๐ฟ๐ฒโ๐ ๐ฎ๐ป๐ผ๐๐ต๐ฒ๐ฟ ๐ฑ๐ฒ๐๐ฎ๐ถ๐น ๐๐ผ๐ฟ๐๐ต ๐บ๐ฒ๐ป๐๐ถ๐ผ๐ป๐ถ๐ป๐ด.
Successful Genesis NFTs will be minted sealed.
Holders will have control over who gets to see inside their NFTs.
This adds another layer of privacy to the experience, going beyond simply hiding auction bids.
Payments for APIs and AI agents should be simple, seamless and efficient.
Thatโs what @fermah_xyz is working towards with Fermah Pay, a billing infrastructure designed for services that charge per request.
Hereโs what makes it interesting:
Users can fund a prepaid USDC balance with just one signature, without needing to hold XLM.
Service providers can then charge users as they consume APIs, AI agents or other services, with payments settled on-chain in batches.
Already running in production on an EVM-compatible chain, Fermah Pay handles real USDC payments for Fermahโs proof marketplace.
Now, its expansion to @StellarOrg through a Soroban contract and open-source services brings this model closer to more builders.
Even better, Fermah Pay has been recognized by the Stellar Community Fund. ๐
A great step towards making pay-per-request billing more accessible across Web3.
The future of AI and APIs needs better payment infrastructure, and Fermah is building towards it.
BIG 24.arc retweeted
Completed my submission for the @FungoLabs airdrop X campaign. โ
Both the $FUNGO Public Mint and X campaign end in 3 hours.
This is your last chance to be part of something truly historic.
Let's see how it goes ๐๐ฅ
gFungo ๐ฅ๐
The @FungoLabs Genesis whitelist Mint & X Campaign both close at 15:30 UTC today (11 hours left โณ).
Where things stand Now:
๐ธGenesis NFT floor bid: $258
๐ธWhitelist mint: CLOSED
๐ธPublic mint: STILL LIVE
๐ธX campaign submissions: STILL LIVE
๐ธNFT marketplace: opensea.io/collection/fungo-โฆ (trading not live yet)
What comes with each Genesis NFT ?
๐ธApproximately 1.11M $FUNGO tokens per NFT at TGE.
๐ธ20% of launchpad revenue, permanently.
๐ธ5โ20% allocation from future drops.
๐ธNFT utility also tied to the upcoming Fungo Genesis game.
A final reminder before the deadline:
If you're participating in the X campaign, this is your last chance to submit your posts. You can submit up to 5 posts before the deadline.
Haven't placed your bid in the public auction yet? Now is the time. All you need is cZAMA.
๐ธMinimum bid: 700 cZAMA.
๐ธMaximum allocation: 20 NFTs per wallet.
Congrats to everyone taking part in this historic launch.
We finally got to witness NFT encryption live in action with zama FHE. ๐ค
See you lot at TGE. ๐๐ฅ
BIG 24.arc retweeted
Thereโs one part of @FungoLabs Genesis that I think people are seriously sleeping on:
the fact that the information stays hidden.
Think about why games are fun in the first place.
Poker wouldnโt be poker if you could see everyoneโs cards.
Opening a card pack wouldnโt hit the same if you already knew what was inside.
Strategy games wouldnโt work if the entire map was visible from the start.
The unknown creates the game.
But blockchains have always had a problem with that.
Everything is transparent. Every card, stat, move, and piece of information can potentially be inspected by anyone.
So when you try to build games around hidden information, the usual solution is to move that information off-chain and trust a private server.
Fungo is taking a different approach.
Genesis NFTs are minted sealed, with their contents encrypted on Ethereum.
The information stays hidden, while the holder decides who can access it.
And because Fungo uses Zamaโs FHE, smart contracts can interact with encrypted data without needing to reveal whatโs actually inside.
Thatโs where things get interesting.
Imagine on-chain games with:
โ hidden player stats
โ secret moves
โ unopened packs nobody can peek into
โ battles where you donโt know your opponentโs abilities
โ assets whose traits are revealed only when you choose
The important part is that the mystery doesnโt have to leave the blockchain.
Fungo Genesis is only the starting point, but the bigger idea is pretty exciting:
bringing the hidden parts of games on-chain.
Because sometimes, not knowing whatโs inside is exactly what makes the game fun.
NFT mints have always had one annoying problem: speed often matters more than conviction.
You can genuinely want an NFT, but if someone has a faster bot, better setup, or is willing to fight a gas war, you might never get the chance.
@FungoLabs is trying a different approach with its Genesis sealed-bid auction.
During the auction, bids stay encrypted using Zama FHE, so participants can't see what everyone else is bidding.
Once bidding closes:
โ The highest bids win the NFTs
โ Every winner pays the lowest winning bid
โ Any amount above that price is refunded
Say there are 3 NFTs and the bids are 3,000, 1,500, 1,000 and 500.
The top 3 win, but they all pay 1,000.
So the person who bid 3,000 gets 2,000 back.
That changes the whole dynamic.
No watching the mempool.
No panic bidding because someone else just raised.
No trying to guess what the next person is doing.
You simply decide what the NFT is worth to you and submit your bid.
The mechanism is still early, and launch day will be the real test.
But if it works as intended, Fungo could be showing us a pretty interesting alternative to the usual NFT mint chaos.
BIG 24.arc retweeted
NFT mints have always had one annoying problem: speed often matters more than conviction.
You can genuinely want an NFT, but if someone has a faster bot, better setup, or is willing to fight a gas war, you might never get the chance.
@FungoLabs is trying a different approach with its Genesis sealed-bid auction.
During the auction, bids stay encrypted using Zama FHE, so participants can't see what everyone else is bidding.
Once bidding closes:
โ The highest bids win the NFTs
โ Every winner pays the lowest winning bid
โ Any amount above that price is refunded
Say there are 3 NFTs and the bids are 3,000, 1,500, 1,000 and 500.
The top 3 win, but they all pay 1,000.
So the person who bid 3,000 gets 2,000 back.
That changes the whole dynamic.
No watching the mempool.
No panic bidding because someone else just raised.
No trying to guess what the next person is doing.
You simply decide what the NFT is worth to you and submit your bid.
The mechanism is still early, and launch day will be the real test.
But if it works as intended, Fungo could be showing us a pretty interesting alternative to the usual NFT mint chaos.
Today is November 5, and I think itโs worth looking beyond the Genesis collection and talking about where @FungoLabs is actually heading.
The Genesis NFTs are only one part of the bigger picture.
Fungo is building a Launchpad that will allow other creators to launch encrypted NFT collections, bringing programmable privacy into the NFT space in a way that goes beyond simply hiding transaction data.
And Genesis holders are positioned to benefit from that ecosystem.
For every collection launched through the Fungo Launchpad, Genesis holders are allocated at least 5% of the token supply.
On top of that, Fungo plans to share 20% of Launchpad revenue with Genesis holders.
So the Genesis collection isnโt just designed to be a collectible. Itโs meant to have a role in the ecosystem that Fungo is building.
Thereโs even a game planned around the hidden traits and statistics of the Genesis NFTs, giving those NFTs another layer of utility beyond ownership.
Thatโs what makes the roadmap interesting to me.
Fungo isnโt trying to stop at one NFT collection.
Itโs building toward a broader ecosystem where creators, collectors and privacy can all exist around the same infrastructure.
The Genesis is just the starting point.
BIG 24.arc retweeted
Today is November 5, and I think itโs worth looking beyond the Genesis collection and talking about where @FungoLabs is actually heading.
The Genesis NFTs are only one part of the bigger picture.
Fungo is building a Launchpad that will allow other creators to launch encrypted NFT collections, bringing programmable privacy into the NFT space in a way that goes beyond simply hiding transaction data.
And Genesis holders are positioned to benefit from that ecosystem.
For every collection launched through the Fungo Launchpad, Genesis holders are allocated at least 5% of the token supply.
On top of that, Fungo plans to share 20% of Launchpad revenue with Genesis holders.
So the Genesis collection isnโt just designed to be a collectible. Itโs meant to have a role in the ecosystem that Fungo is building.
Thereโs even a game planned around the hidden traits and statistics of the Genesis NFTs, giving those NFTs another layer of utility beyond ownership.
Thatโs what makes the roadmap interesting to me.
Fungo isnโt trying to stop at one NFT collection.
Itโs building toward a broader ecosystem where creators, collectors and privacy can all exist around the same infrastructure.
The Genesis is just the starting point.
Thursday came with something interesting.
@FungoLabs is finally launching its Genesis collection today, and there are 3,000 NFTs up for grabs across two phases.
The first one kicks off at 12:30 UTC.
500 Genesis NFTs will be given out for free to whitelist members and nominees, with a 3-hour window to claim.
Then at 15:30 UTC, the public auction starts.
2,500 NFTs will be available through a sealed-bid auction powered by cZAMA, and participants get 24 hours to place their bids.
Honestly, Iโm more curious to see how the demand plays out once the public auction opens.
Free mint for the whitelist or putting in a bid?
Either way, today should give us a better picture of where the $FUNGO Genesis collection stands.
$FUNGO
teapaw.org/darbyt_crypt/status/21โฆ
BIG 24.arc retweeted
$FUNGO X Campaign!
The @FungoLabs creator campaign is approaching its deadline and will officially close alongside the Genesis auction on November 6, 2026, at 15:30 UTC.
If you havenโt completed your participation yet, thereโs still time.
Hereโs what you need to do:
Publish your remaining posts about Fungo.
Visit the campaign page.
Submit your 5 best posts before the deadline.
โ ๏ธ Please note that posts submitted after the campaign closes will not be counted.
The final leaderboard will be announced after the campaign ends, with rewards distributed at TGE.
Make sure your entries are submitted on time!
Building and launching an NFT collection should come with more freedom, privacy and control.
Thatโs what @FungoLabs is bringing to creators and studios.
Here are 5 features on fungo worth paying attention to:
1. Protection Against Sniping
Keep NFT traits and artwork encrypted until the holder chooses to reveal them.
Creators can also experiment with different art styles, including static, pixelated, mosaic and ripple effects.
2. You Stay in Control
Deploy your contracts directly from your own wallet and retain your revenue, while platform fees are handled transparently onchain.
3. Flexible Minting Options
Choose how your collection goes live.
Run phased mints, create allowlists or host sealed auctions where everyone gets a fair shot at the same price.
4. Reveal on Your Terms
You decide what stays hidden, what gets revealed and when the reveal happens.
You can even choose whether certain traits or artwork should ever be revealed.
5. More Possibilities for NFT Utility
Go beyond collectibles.
Build games and interactive experiences where NFT stats remain private but can still function and be used onchain.
The bigger picture:
@FungoLabs isnโt just giving creators another place to launch NFTs. Itโs introducing more privacy, flexibility and ownership into the creative process.
Thatโs an interesting direction for NFT infrastructure.
๐จ๐น๐๐ฟ๐ฎ๐บ๐ถ๐ป๐ ๐ถ๐ ๐ผ๐ณ๐ณ๐ฒ๐ฟ๐ถ๐ป๐ด $5,000 ๐๐ผ๐ฟ๐๐ต ๐ผ๐ณ ๐ฏ๐ผ๐ป๐๐ ๐ฟ๐ฒ๐๐ฎ๐ฟ๐ฑ๐ ๐๐ผ ๐ฝ๐ฎ๐ฟ๐๐ถ๐ฐ๐ถ๐ฝ๐ฎ๐ป๐๐ ๐ถ๐ป ๐ฆ๐ฒ๐ฎ๐๐ผ๐ป 1.
How to participate
1. Get an invite code: You need an invite code to sign up at ultramint.xyzโ .
2. Complete quests: โ participate in the available quests to earn bonuses.
3. Use your bonuses to trade: The bonuses you earn from completing quests can be used to place trades on prediction markets available on Ultramint.
๐ค Made with AI
BIG 24.arc retweeted
. @Cristiano , you made me fall in love with the game. I watched the 2008 UCL final and that was the first time I watched football as a kid. It was also what made me a Manchester United fan โค๏ธโค๏ธ
you inspired me in ways that go far beyond football. you showed me that no matter how difficult one's beginnings may be, it's possible to rise above those circumstances, defy expectations and leave a lasting impact on the world
yhank you, Cristiano Ronaldo for the countless memories and happiness you've given us. it has been an honour being a Portuguese Nigerian fan
THE GREATEST THERE IS, THE GREATEST THERE WAS, AND THE GREATEST THERE EVER WILL BE โค๏ธ๐โค๏ธ
let's get to 1000 goals together at Al Nassr ๐
BIG 24.arc retweeted
Thursday came with something interesting.
@FungoLabs is finally launching its Genesis collection today, and there are 3,000 NFTs up for grabs across two phases.
The first one kicks off at 12:30 UTC.
500 Genesis NFTs will be given out for free to whitelist members and nominees, with a 3-hour window to claim.
Then at 15:30 UTC, the public auction starts.
2,500 NFTs will be available through a sealed-bid auction powered by cZAMA, and participants get 24 hours to place their bids.
Honestly, Iโm more curious to see how the demand plays out once the public auction opens.
Free mint for the whitelist or putting in a bid?
Either way, today should give us a better picture of where the $FUNGO Genesis collection stands.
$FUNGO
teapaw.org/darbyt_crypt/status/21โฆ
Wednesday took me down the $FUNGO rabbit hole, and I stumbled on something I honestly wish I had known earlier.
The Genesis NFT rewards are looking pretty interesting.
Each Genesis NFT comes with an allocation of 1,113,861 $FUNGO at TGE.
That's 36% of the 10 billion total supply, split equally among just 3,232 Genesis NFTs.
So, if you hold multiple NFTs, your allocation multiplies accordingly. Two NFTs get you twice the amount.
There's a seven-day window to claim, after which any unclaimed tokens will be burned.
Another thing worth paying attention to is the option to receive regular $FUNGO or cFUNGO.
cFUNGO brings a privacy layer to the experience. Transactions are still visible onchain, but balances and transfer amounts remain encrypted.
That's an interesting approach to making onchain activity more private without taking away the transparency of the network.
Can't lie, missing out on a Genesis NFT is starting to hit differently. ๐
Anyway, what's your favourite thing about FUNGO?
BIG 24.arc retweeted
The @FungoLabs Genesis NFT Mint goes live today, November 5, starting at 12:30 UTC! ๐ฅ
The mint will run in two stages, with the whitelist round opening first, followed by the public sale at 15:30 UTC.
If you're planning to participate as a whitelisted user or through the public sale, here's everything you need to know before the mint opens.
Don't go ahead and mint without reading this to the end.๐ง
1. NFT Supply Breakdown
The Genesis collection has a total supply of 3,232 NFTs, divided into three allocations:
๐ธ500 Whitelist + Nominee Allocation: Free mint. Eligible participants only pay Ethereum gas fees.
๐ธ2,500 Public Sale Allocation: Available through an encrypted sealed-bid auction, paid in cZAMA.
๐ธ232 Team Allocation: Reserved for the FungoLabs team.
Each approved whitelist or nominee account can mint one NFT.
2. Genesis NFT Utilities
What does holding a Genesis NFT actually offer?
๐ธEncrypted NFT Ownership: Each NFT comes with two layers: its artwork (Look) and its encrypted attributes (Essence).
๐ธHolder-Controlled Artwork: You can view your artwork privately and decide whether to publish it or keep it sealed.
๐ธPrivate Attributes: Your NFT's class, four stats and element remain encrypted onchain. Only its current holder can view them.
๐ธFuture Gaming Utility: Genesis NFTs are designed for a future game where their hidden attributes can be used without exposing them to other players.
๐ธLaunchpad Revenue Share: Genesis holders are set to share 20% of Launchpad revenue equally across the collection.
๐ธLaunchpad Token Rewards: At least 5% of the token allocation from every collection launched on the FungoLabs Launchpad goes to Genesis holders. This can increase to 20%.
3. $FUNGO GenesisAirdrop Allocation
This is another major benefit attached to the Genesis collection.
๐ธ36% of the total $FUNGO supply (3.6 billion tokens) is allocated to Genesis NFT holders.
๐ธThe allocation is shared equally across all 3,232 Genesis NFTs.
๐ธThats pproximately 1,113,861 $FUNGO per Genesis NFT.
๐ธ Eligibility is determined by whoever holds the NFT at the $FUNGO TGE block.
๐ธ Eligible holders will have seven days to claim their allocation after TGE. Unclaimed tokens are burned.
4. Mint Schedule & Process
The mint has two stages:
A. Whitelist & Nominee Mint โ 12:30 UTC
๐ธ500 FREE mints for approved whitelist holders and nominees.
๐ธOne NFT per approved account.
๐ธMint window: 3 hours. ETH is only needed for gas.
B. Public Sale โ 15:30 UTC
๐ธ2,500 Genesis NFTs available through an encrypted sealed-bid auction.
๐ธAuction duration: 24 hours.
๐ธBids are placed in cZAMA.
How the auction works:
๐ธConnect your evm wallet and prepare your cZAMA.
๐ธChoose your desired NFT quantity and bid price.
๐ธBoth remain encrypted while bidding is open.
๐ธOnce bidding closes, bids are revealed and ranked from highest to lowest.
๐ธThe lowest winning bid that fills the 2,500th NFT sets the final price. All successful bidders pay the same price, with excess cZAMA refunded.
Winner allocation:
Above the final price: Full requested quantity.
At the final price: Remaining NFTs shared proportionally.
Below the final price: No NFTs; bids are refunded.
Important: Bids are binding and cannot be withdrawn. A small non-refundable bidding fee also applies.
5. What You Need To Be Ready
๐ธEthereum Wallet & gas: Connected & funded.
๐ธcZAMA: Required for public bidding. Obtain it by shielding ZAMA through the official Zama application.
๐ธ Whitelist Status: Confirm your approval if joining the free mint.
๐ธOfficial Mint Link: Only use links shared by @FungoLabs.
โ โ โ โ โ โ
The Genesis mint is the first major step in bringing encrypted NFTs to Ethereum, powered by Zama -FHE.
Whether you're joining through the whitelist or public auction, you need to understand the process before committing your funds.
Good luck to everyone minting. Let's get this Genesis started! ๐จ๐ฅ
BIG 24.arc retweeted
The Gamdom Content House ๐งฉ
A realistic AI generated video
Featuring the following streamers :
@stevewilldoit @yungreal69 @JJChizzy @TheGoobr @Romer @gamdom_beekay @mockerbey & a guest streamer @Romeo_Onchain
๐ Best AI-Generated Content Competition! ๐ฅ Only one winner! 1st place takes home $3,000! ๐
โณ Duration: 1 week
๐ฌ Streamers that must be featured in your content:
@stevewilldoit
@yungreal69
@JJChizzy
@TheGoobr
@Romer
@gamdom_beekay
LIKE + RT LETS GOO๐
BIG 24.arc retweeted
When you hold the Fungo Genesis NFT, You will become eligible for the perks stated below.
1. The $FUNGO airdrop:
Every Genesis NFT gets the same 1.11M token when it launches. You can claim it as $FUNGO or as sealed cFUNGO. Unclaimed tokens are burned after seven days.
2. Launchpad Revenue: 20% of whatever the launchpad makes from fees gets split equally among all Genesis holders. You can claim it in ETH, ZAMA, or tokens from new collections that launch there.
3. Token Allocation from new drops: Whenever a studio launches on the Fungolabs launchpad, Genesis holders will receive at least 5% (and up to 20%) of that projectโs token supply, shared equally.
4. Sealed NFT and Future Game Utility: Your NFT actually has a usecase, itโs not just a picture. It has encrypted art you control and hidden stats meant for future onchain games where only you can see whatโs inside, but the contracts can still use the data.
Genesis holders will keep earning as the Fungolabs launchpad grows, rather than just getting a one-time airdrop. @FungoLabs
ALT FungoLabs Genesis NFT perks
Here are 5 benefits for studios/creators on FungoLabs launchpad.
1. No sniping: Traits and art stay encrypted until the holder reveals them. Arts can be static, pixelated, mosaic or ripples.
2. Full control: Deploy contracts from your own wallet and keep the revenue while platform fees are taken onchain.
3. Flexible sales: Run phased mints, allowlists, or sealed auctions with one fair price.
4. Custom reveals: Decide what stays hidden and when (or if) it opens.
5. New utility: Build games and experiences where the stats stay private but still work on-chain.
@FungoLabs
ALT FungoLabs Launchpad for Encrypted NFTs
BIG 24.arc retweeted
Wednesday took me down the $FUNGO rabbit hole, and I stumbled on something I honestly wish I had known earlier.
The Genesis NFT rewards are looking pretty interesting.
Each Genesis NFT comes with an allocation of 1,113,861 $FUNGO at TGE.
That's 36% of the 10 billion total supply, split equally among just 3,232 Genesis NFTs.
So, if you hold multiple NFTs, your allocation multiplies accordingly. Two NFTs get you twice the amount.
There's a seven-day window to claim, after which any unclaimed tokens will be burned.
Another thing worth paying attention to is the option to receive regular $FUNGO or cFUNGO.
cFUNGO brings a privacy layer to the experience. Transactions are still visible onchain, but balances and transfer amounts remain encrypted.
That's an interesting approach to making onchain activity more private without taking away the transparency of the network.
Can't lie, missing out on a Genesis NFT is starting to hit differently. ๐
Anyway, what's your favourite thing about FUNGO?
BIG 24.arc retweeted
๐๐จ๐ก๐๐ข๐๐๐๐ ๐๐๐ก๐๐ฆ๐๐ฆ ๐ก๐๐ง
The FungoLabs Genesis NFT mint officially goes live on November 5, and this isnโt just another ordinary NFT sale.
Itโs introducing an encrypted bidding auction powered by @zamaโs Fully Homomorphic Encryption (FHE).
๐จ๐๐ฒ๐ฟ๐ฒโ๐ ๐๐ต๐ ๐โ๐บ ๐ฝ๐ฎ๐๐ถ๐ป๐ด ๐ฎ๐๐๐ฒ๐ป๐๐ถ๐ผ๐ป. ๐งต๐
First, letโs talk about the supply.
There will be 3,000 Genesis NFTs in total:
โข 500 NFTs reserved for whitelisted holders (gas fee only).
โข 2,500 NFTs allocated to the public sale.
๐๐ป๐ฑ ๐๐ต๐ฒ๐ฟ๐ฒโ๐ ๐ฎ๐ป ๐ถ๐ป๐๐ฒ๐ฟ๐ฒ๐๐๐ถ๐ป๐ด ๐ถ๐ป๐ฐ๐ฒ๐ป๐๐ถ๐๐ฒ:
Each Genesis NFT will receive 1,113,861 $FUNGO at TGE.
Thatโs a significant part of what makes this mint worth watching.
๐จ๐ก๐ผ๐, ๐ต๐ฒ๐ฟ๐ฒโ๐ ๐๐ต๐ฒ๐ฟ๐ฒ ๐๐ต๐ถ๐ป๐ด๐ ๐ด๐ฒ๐ ๐ถ๐ป๐๐ฒ๐ฟ๐ฒ๐๐๐ถ๐ป๐ด.
The auction will use Zamaโs FHE technology to keep bids private.
Participants will bid using cZAMA, choosing their preferred price and quantity.
But unlike traditional auctions, neither bid prices nor quantities will be visible while bidding is open.
Your bidding strategy stays encrypted.
๐จ๐๐ผ๐ ๐ฑ๐ผ๐ฒ๐ ๐๐ต๐ฒ ๐ฎ๐๐ฐ๐๐ถ๐ผ๐ป ๐ฑ๐ฒ๐๐ฒ๐ฟ๐บ๐ถ๐ป๐ฒ ๐๐ถ๐ป๐ป๐ฒ๐ฟ๐?
Once bidding closes, all bids are revealed and ranked from highest to lowest.
The lowest successful bid becomes the final clearing price.
This means every successful bidder pays the same final price, regardless of how much they initially offered.
An interesting approach to price discovery.
๐จ๐ช๐ต๐ฎ๐ ๐ต๐ฎ๐ฝ๐ฝ๐ฒ๐ป๐ ๐ฎ๐ณ๐๐ฒ๐ฟ ๐๐ต๐ฒ ๐ณ๐ถ๐ป๐ฎ๐น ๐ฝ๐ฟ๐ถ๐ฐ๐ฒ ๐ถ๐ ๐ฑ๐ฒ๐๐ฒ๐ฟ๐บ๐ถ๐ป๐ฒ๐ฑ?
โข Bids above the clearing price receive their requested NFT quantity.
โข Bids at the clearing price share the remaining supply proportionally.
โข Bids below the clearing price receive no NFTs and get their cZAMA refunded.
The system is designed to allocate NFTs based on the auction results.
๐จ ๐ง๐ต๐ฒ๐ฟ๐ฒโ๐ ๐ฎ๐ป๐ผ๐๐ต๐ฒ๐ฟ ๐ฑ๐ฒ๐๐ฎ๐ถ๐น ๐๐ผ๐ฟ๐๐ต ๐บ๐ฒ๐ป๐๐ถ๐ผ๐ป๐ถ๐ป๐ด.
Successful Genesis NFTs will be minted sealed.
Holders will have control over who gets to see inside their NFTs.
This adds another layer of privacy to the experience, going beyond simply hiding auction bids.
BIG 24.arc retweeted
๐๐๐ฅ๐๐ฌ ๐๐ฃ๐๐๐ ~ ๐๐จ๐ก๐๐ข๐๐๐๐ฆ
@fungolabs is a Web3 project building encrypted NFTs and an NFT launchpad on Ethereum using Zama's Fully Homomorphic Encryption (FHE) technology.
๐๐๐ ๐บ๐ฎ๐ถ๐ป ๐ถ๐ฑ๐ฒ๐ฎ ๐ถ๐ ๐๐ถ๐บ๐ฝ๐น๐ฒ: NFTs that keep their secrets private, even on a public blockchain.
๐จ๐ช๐๐๐ง ๐๐ฆ ๐๐จ๐ก๐๐ข๐๐๐๐ ๐๐จ๐๐๐๐๐ก๐?
Three main things:
1. ๐๐ป๐ฐ๐ฟ๐๐ฝ๐๐ฒ๐ฑ ๐ก๐๐ง๐
NFTs are minted with their artwork and traits encrypted. Only the current holder can privately view their NFT.
The holder decides whether to make the artwork public.
Certain underlying attributes remain encrypted permanently.
2. ๐๐๐ป๐ด๐ผ ๐๐ฎ๐๐ป๐ฐ๐ต๐ฝ๐ฎ๐ฑ
A platform where other NFT projects can launch encrypted collections.
It also supports sealed bidding, meaning bidders cannot see or copy competing bids while an auction is ongoing.
3. ๐๐ฎ๐บ๐ถ๐ป๐ด ๐ฒ๐ฐ๐ผ๐๐๐๐๐ฒ๐บ
Fungo plans to build a game around its Genesis NFTs, using their encrypted traits and stats.
๐จ ๐๐ข๐ช ๐๐ข๐๐ฆ ๐ญ๐๐ ๐ ๐๐๐ง๐ ๐๐ก๐ง๐ข ๐ง๐๐๐ฆ?
Zama Provides the FHE technology powering Fungo's encrypted NFTs.
FHE (Fully Homomorphic Encryption) allows smart contracts to perform computations on encrypted information without seeing the underlying data.
For example, two players can compete in a game using hidden NFT stats without revealing those stats to each other.
That's the interesting part of Fungo Labs.
BIG 24.arc retweeted
$๐๐จ๐ก๐๐ข ๐๐๐ฅ๐๐ฅ๐ข๐ฃ ๐๐๐ ๐ฃ๐๐๐๐ก
The @FungoLabs X campaign is officially live, and thereโs 300M $FUNGO up for grabs!
Didnโt make it into the free mint? Hereโs another opportunity to position yourself for the airdrop.
๐๐ข๐ช ๐ง๐ข ๐๐๐ง ๐ฆ๐ง๐๐ฅ๐ง๐๐:
โข Connect your X account.
โข Submit your 5 best posts about Fungo.
โข Make sure your posts are from November 1, 14:00 UTC onward.
Once the campaign wraps up, the leaderboard will be revealed, and rewards will be sent directly to eligible wallets at TGE.
No claiming, no extra steps. Just create, participate, and secure your spot.
Donโt sleep on this opportunity!
๐๐๐ฅ๐๐ฌ ๐๐ฃ๐๐๐ ~ ๐๐จ๐ก๐๐ข๐๐๐๐ฆ
@fungolabs is a Web3 project building encrypted NFTs and an NFT launchpad on Ethereum using Zama's Fully Homomorphic Encryption (FHE) technology.
๐๐๐ ๐บ๐ฎ๐ถ๐ป ๐ถ๐ฑ๐ฒ๐ฎ ๐ถ๐ ๐๐ถ๐บ๐ฝ๐น๐ฒ: NFTs that keep their secrets private, even on a public blockchain.
๐จ๐ช๐๐๐ง ๐๐ฆ ๐๐จ๐ก๐๐ข๐๐๐๐ ๐๐จ๐๐๐๐๐ก๐?
Three main things:
1. ๐๐ป๐ฐ๐ฟ๐๐ฝ๐๐ฒ๐ฑ ๐ก๐๐ง๐
NFTs are minted with their artwork and traits encrypted. Only the current holder can privately view their NFT.
The holder decides whether to make the artwork public.
Certain underlying attributes remain encrypted permanently.
2. ๐๐๐ป๐ด๐ผ ๐๐ฎ๐๐ป๐ฐ๐ต๐ฝ๐ฎ๐ฑ
A platform where other NFT projects can launch encrypted collections.
It also supports sealed bidding, meaning bidders cannot see or copy competing bids while an auction is ongoing.
3. ๐๐ฎ๐บ๐ถ๐ป๐ด ๐ฒ๐ฐ๐ผ๐๐๐๐๐ฒ๐บ
Fungo plans to build a game around its Genesis NFTs, using their encrypted traits and stats.
๐จ ๐๐ข๐ช ๐๐ข๐๐ฆ ๐ญ๐๐ ๐ ๐๐๐ง๐ ๐๐ก๐ง๐ข ๐ง๐๐๐ฆ?
Zama Provides the FHE technology powering Fungo's encrypted NFTs.
FHE (Fully Homomorphic Encryption) allows smart contracts to perform computations on encrypted information without seeing the underlying data.
For example, two players can compete in a game using hidden NFT stats without revealing those stats to each other.
That's the interesting part of Fungo Labs.