Web developer | DeFi digger | 👀 Testnet sniper
Joined May 2019
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2/ I'm already holding 3 Zama OGs, but tomorrow is the official Fungo Genesis NFT mint, and I’m definitely trying to add one to the collection. The encrypted FHE tech they are building is going to be massive.
1/ Always bullish when you see the founders backing the ecosystem. Massive respect to @zama co-founder @randhindi for showing support for @FungoLabs right before the launch.
If @FungoLabs launches at a $1B FDV (on a 10B supply, that's $0.10 per token), my bag is worth $42,000.
Not $420k, but walking away with $42k just for holding the right JPEGs?! This is why you bet early on actual privacy tech and @zama infrastructure. 🔥
Just did the math again and realized I was a zero off... but it's still a massive W 😂
Let's break down the actual $FUNGO airdrop for 3 Zama OG NFTs:
🍄 3 NFTs × 140,000 $FUNGO = 420,000 tokens
Ever wondered what your Zama OG NFT might be worth if $FUNGO reaches a $100M market cap?
Let’s do a little math based on @FungoLabs’ tokenomics:
• Total supply: 10B $FUNGO
• 7% allocated to Zama OG holders = 700M tokens
• Approximately 4,996 eligible NFTs
• Estimated allocation per NFT: 140,112 $FUNGO
If 82.5% of the total supply is circulating at TGE, a $100M market cap would imply a token price of around $0.01212.
That puts the estimated value of one Zama OG NFT’s allocation at approximately $1,698.
Not a guaranteed payout, of course. Just a hypothetical calculation based on the current tokenomics and a $100M market cap scenario.
Now the interesting question is: how far could $FUNGO actually go?
Of course, actual value will entirely depend on the market price at launch—and it is worth noting that @FungoLabs has not officially announced a native token or airdrop yet.
What FDV do you think $FUNGO can reach? Drop your predictions below! 👇👇
🟢 $10M FDV = $140.11
🟢 $50M FDV = $700.56
🔵 $100M FDV = $1,401.12
🟣 $200M FDV = $2,802.24
🔥 $500M FDV = $7,005.60
🚀 $1B FDV = $14,011.20
(Keep in mind, this completely excludes the 3% X Campaign allocation!)
6/ 🚀 The TGE Outlook With these tokenomics locked in, the Fully Diluted Valuation (FDV) at the Token Generation Event is going to be incredibly interesting to watch.
Fungo Labs has a massive first-mover advantage on Zama's privacy tech.
7/ The endgame for @FungoLabs isn't just a Genesis drop.They are building an NFT Launchpad for other creators to launch their own encrypted collections, plus the blockchain game where those hidden stats actually matter. Are you keeping yours sealed, or showing off the art? 🍄