What is @FungoLabs?
Fungo is an NFT ecosystem built on Ethereum using Zama's FHE technology. It allows NFT traits and stats to remain encrypted while smart contracts can still use that data.
Fungo is building a Launchpad for encrypted NFTs.
The goal is simple: privacy
The $FUNGO X campaign is entering its final hours.
It closes on November 6 at 15:30 UTC, alongside the Genesis auction.
Submit your 5 best posts before the deadline. Late submissions won't count.
So the question is, Wen TGE? 👀
Let's go!
The $FUNGO X campaign is entering its final hours.
It closes on November 6 at 15:30 UTC, alongside the Genesis auction.
Submit your 5 best posts before the deadline. Late submissions won't count.
So the question is, Wen TGE? 👀
Let's go!
Final hours of the $FUNGO X campaign! ⏳
The campaign closes together with the Genesis auction: 06.11.2026, 15:30 UTC.
Make your last posts now and send your 5 best from the campaign page. Posts sent after the close won't count.
The leaderboard will be revealed when the campaign ends, and rewards will be distributed at TGE.
fungolabs.org/launchpad/camp…
Fungo's Genesis mint has two stages.
On November 5, 500 whitelist and nominee spots get a free mint at 12:30 UTC, open for 3 hours.
Then 2,500 NFTs enter a 24-hour sealed-bid auction at 15:30 UTC, with bids paid in cZAMA.
goodluck everyone for those who will mint!
The countdown is on.
Mint date: November 5, 2026
→ 12:30 UTC: 500 free mints for the whitelist and nominees (3 hours)
→ 15:30 UTC: 2,500 Genesis NFTs go live in a sealed-bid auction, paid in cZAMA (24 hours)
fungolabs.org/launchpad/d/fu…
Checking out @Bronk3r teapaw.org/Bronk3r/status/2117985…
An NFT launchpad can be more than a place to mint.
Fungo connects platform activity to $FUNGO and Genesis holders: selected fees are split, with 20% for buybacks and burns, 20% shared across Genesis NFTs, and 60% for the treasury.
TGE is coming! 🚀
@FungoLabs
1/6
10 billion $FUNGO: Who gets how much?
Amounts, tokenomics and claim rules for Genesis NFT, Zama OG and the X Campaign.
Details 👇
Fungo Genesis NFTs mint Nov 5!
The 2,500 NFT sale uses Zama’s FHE technology to hide your bid price and quantity while bidding is open.
Once bidding ends, bids are revealed. Winners pay the same final price, and extra cZAMA is refunded.
Goodluck everyone! ✨
gFungo
1/6
10 billion $FUNGO: Who gets how much?
Amounts, tokenomics and claim rules for Genesis NFT, Zama OG and the X Campaign.
Details 👇
How does a sealed-bid auction actually work? Let's break it down with a simple example.
Imagine 3 Genesis NFTs are available, with a minimum bid of 500 cZAMA.
Four people place bids:
A: 3,000 cZAMA
B: 1,500 cZAMA
C: 1,000 cZAMA
D: 500 cZAMA
The three highest bidders win: A, B, and C.
But here's the interesting part: all three pay the same price, which is the lowest winning bid: 1,000 cZAMA.
So:
• A gets 2,000 cZAMA back.
• B gets 500 cZAMA back.
• C pays 1,000 cZAMA.
• D doesn't win and gets the full 500 cZAMA back.
The important takeaway?
Your bid determines your position, but it doesn't necessarily determine what you pay.
Don't confuse the minimum bid with the final purchase price. Bid based on what the NFT is worth to you.
@FungoLabs
How the Genesis sealed-bid auction works, explained with an example 👇
Imagine only 3 NFTs for sale. Minimum price: 500 cZAMA (example only).
4 people bid 1 NFT each:
→ A: 3,000
→ B: 1,500
→ C: 1,000
→ D: 500 (the minimum)
The top 3 bids win: A, B and C.
All winners pay the same final price, the lowest winning bid: 1,000.
→ A pays 1,000, gets 2,000 back.
→ B pays 1,000, gets 500 back.
→ C pays 1,000.
→ D bid the minimum, gets no NFT, gets 500 back.
Lesson: bidding the minimum doesn't mean you buy at the minimum. Bid what it's worth to you, you'll only pay the final price.
What if an NFT could keep its secrets without losing its usefulness?
That's an interesting idea behind what Fungo Labs is building.
Here's why it matters.
Most NFTs make almost everything public. Their traits, stats, and rarity can be viewed by anyone, sometimes even before people have a chance to interact with the collection.
Fungo is approaching this differently.
It's building encrypted NFTs on Ethereum using Zama's FHEVM.
Think about it this way: the NFT itself and its owner remain public, but the information inside can stay encrypted on-chain.
Fungo calls these two layers the Look and the Essence.
The Look is the artwork. The holder can keep it sealed or publish it whenever they choose.
The Essence contains the NFT's class, four stats, and element. These stay encrypted, and only the current holder can view them.
But here's the part I find more interesting.
Encryption usually makes people think about information that nobody can access or use.
FHE changes that idea.
A smart contract can perform computations on encrypted data without actually seeing the information.
For example, Fungo describes a game where two NFTs could compete and have their stats calculated without either side revealing them.
Now look at the bigger picture.
This isn't just about making NFT traits private. It's about making private information useful to on-chain applications.
And Fungo's roadmap goes beyond its Genesis collection. The next steps are an encrypted NFT Launchpad for other collections, followed by a game built around Genesis NFT traits.
I think the concept worth understanding here is simple:
Privacy shouldn't mean that data becomes useless.
What matters is being able to use information without always having to expose it.
That's the idea I'm watching with Fungo Labs.
@FungoLabs
🟨 $FUNGO X Campaign is live!
Reward pool: 300,000,000 $FUNGO
→ Connect your X on Fungo Campaign
→ Submit your 5 best Fungo posts
Posts from 2026-11-01 14:00 UTC onward count.
Leaderboard revealed when the campaign ends. Rewards hit your wallet at TGE.
fungolabs.org/launchpad/c/cf…
Time to apply everyone!
LFGGGGGGG
Applications are now open for the Anthropic Residency, a paid, fixed-term research program for academics, technical founders, and staff-level engineers who want to make AI safe and beneficial for everyone. No ML background is required.
Apply by November 22: alignment.anthropic.com/2026…
BIEN retweeted
Applications are now open for the Anthropic Residency, a paid, fixed-term research program for academics, technical founders, and staff-level engineers who want to make AI safe and beneficial for everyone. No ML background is required.
Apply by November 22: alignment.anthropic.com/2026…
BIEN retweeted
Ritual raised $25M.
The community built 200+ dApps.
Ran nodes for years.
Minted $250 Ploplos in a bear market, "just to support."
Showed up for every bootcamp, every assignment, every leaderboard, every weekly task.
Then one button decided everything.
Not eligible.
No criteria.
No breakdown.
No review.
Just silence.
So I made the trailer for the movie every Ritual contributor is living right now.
INELIGIBLE.
Watch the full video till the end. The post-credit scene hits different when the builder checks his own dApp.
This isn't about entitlement. Some ambassadors reportedly got 187,000 tokens each, while active contributors who did the same work got nothing and still don't know why.
The community is asking for three simple things:
1. Publish the eligibility criteria
2. Explain how roles, leaderboards and assignments were counted
3. Open a fair review process
That's it. Transparency costs nothing.
If you built, ran a node, minted, or grinded for Ritual and got left out, watch this, quote it, and add your story.
Let's see if anyone answers this time.
@ritualnet @ritualfnd
Fan-made parody based on public community posts. Not affiliated with Ritual.
An Open Letter to the Ritual Team: Give Your Community Answers
Some ambassadors received tokens. Others received nothing and still don’t know why. Long-time Discord members are asking how their contributions counted.
The Ritual community deserves transparency.
@ritualfnd @ritualnet @joshsimenhoff @niraj @akileshpotti @BunsDev @0x_HalfMoonKid @BenPerszyk @mongdiny7 @hilalelifkara @cryptooflashh @dunken9718 @0xMadScientist @Jez_Cryptoz
For a year and a half, we created content, brought attention to Ritual, completed assignments, and helped build the community.
Now, some ambassadors have been left out of the airdrop without a clear explanation.
The questions go beyond the ambassador program. Members earned roles in Discord, but as far as we know, those roles received no separate allocation. We still don’t know how they factored into eligibility or how the contributions behind them were assessed.
Our contributions were tracked. We’re asking how they counted.
The ambassador program was managed by CO/UNITY, CEO: @thedanrodman with Morgon Buchanan working directly with us
There were weekly assignments, calls twice a month, a leaderboard, and a minimum of four posts per month. Members who didn’t meet the requirements were removed.
We learned about TGE through a public announcement on X. Then we found out that around 5–8 active ambassadors were ineligible.
Based on the information shared with us, eligible ambassadors received 187,000 tokens each. Those excluded still don’t know why, even though Joshua Simenhoff @joshsimenhoff had collected our wallet addresses in advance.
So far, we haven’t received a clear explanation of the criteria or a process for requesting a review. Joshua said the decision was outside his control. Morgon has said he’ll get back to us, but there’s still no clear answer or timeline.
Ritual, we’re asking you to:
1. Publish the criteria used to determine eligibility and allocation amounts for community members and ambassadors.
2. Explain how Discord roles, leaderboard rankings, completed assignments, and long-term contributions were weighed.
We can provide our content, assignment history, and correspondence. Please name someone responsible for handling these questions and give the community a date for a public response.
Everyone who helped build Ritual deserves to understand how their contribution was assessed.
Still waiting for answers? Repost this.
Received an allocation but believe everyone deserves clear rules? Stand with the community and repost it too.
Share your experience in the replies: What role did you hold? What did you contribute? Did you receive an allocation or an explanation?
Help bring these questions to the team’s attention. Ritual, please respond publicly – with clear criteria, an allocation breakdown, and a path to review.



























