Boye retweeted
The @FungoLabs Genesis NFT mint goes live on November 5, with 3,000 NFTs up for grabs. 👀
Here's how the mint will work:
→ 500 NFTs are reserved for whitelist holders.
→ The remaining 2,500 will be distributed through a sealed-bid auction.
You'll submit your desired NFT quantity and bid amount using cZAMA. Your bid remains encrypted and hidden from everyone until the auction closes.
Once bidding ends, all bids are ranked, and the 2,500th highest winning bid determines the final price.
The interesting part? Every winner pays the same price, and any excess cZAMA is refunded.
A few things to note:
→ All bids are binding, meaning you can't cancel after submitting.
→ Each bid comes with a small, non-refundable encryption fee.
Make sure you understand the process before placing your bid.
Boye retweeted
One solid part I think the NFT space hasn’t really explored enough is privacy.
Most NFTs are designed around transparency, Once you mint one, almost everything about it is visible to the public. Your artwork, traits and metadata can be inspected by anyone.
But what if NFT ownership could offer more control?
This is where @FungoLabs comes in.
Fungo is exploring a different approach by bringing encrypted NFTs to Ethereum through Fully Homomorphic Encryption (FHE), powered by @zama.
The interesting part is that holders can keep their NFT artwork sealed and choose when to reveal it, while the underlying essence remains encrypted.
This introduces a different way to think about digital collectibles.
Imagine having an NFT whose information isn’t automatically exposed to everyone, but instead gives the owner more control over what becomes visible.
I believe privacy could open up new possibilities for NFTs, and Fungo is an interesting project to watch in this direction.
You should keep an eye 👍🏽
Boye retweeted
i admire the approach @FungoLabs is coming up with in regards to the genesis NFT mint.
regular nft mints usually comprises of collection with traits and features publicly visible. fungo is shifting away from that,it lets holders keep their NFTs private while its hidden attributes, including stats, class and elements, remain encrypted permanently.
the interesting part is the use of on-chain randomness to generate these NFT traits, making rarity unpredictable and preventing anyone, including the team, from manipulating the outcome.
sounds amazing, right?
asides that, these encrypted attributes are designed to power future gaming experiences where players can compete without revealing their private stats.
they tech is basically aims at exploring what NFT ownership could look like when privacy becomes part of the experience, not an afterthought.
for me,it's definitely an interesting use case for zama's FHE technology.
the @FungoLabs genesis NFT mint goes live on november 5
500 NFTs will be free for WL holders, while the remaining 2,500 will be sold through a sealed-bid auction powered by @Zama's tech
here's what you need to know:
« bids are placed in cZAMA, with both the bid price and quantity kept encrypted throughout the auction»
« the lowest successful bid sets the final price
« bidders who bid above the final price receive their requested allocation, while those at the clearing price share the remaining NFTs»
« bids below the final price are fully refunded»
note: bids cannot be withdrawn, so think carefully before placing yours
the @FungoLabs genesis nft mint goes live on November 5 and there are 3,000 nfts up for grabs
→ 500 are reserved for whitelist holders
→ the remaining 2,500 will be sold through a sealed-bid auction
you'll submit how much you're willing to pay and how many NFTs you want using cZAMA. your bid stays hidden until the auction ends
once bidding closes, the bids are ranked and the 2,500th winning bid sets the final price. everyone who wins pays the same price and any excess cZAMA is refunded
one thing to keep in mind: bids are binding, so you can't cancel once submitted. there's also a small non-refundable encryption fee per bid.
Boye retweeted
nfts, but this time with privacy built in.
until now, nfts have largely been transparent by default.
anyone can inspect their traits, rarity and underlying info, which isn’t ideal for games and apps where certain details should remain private.
@FungoLabs is doing something different with encrypted nfts.
built using zama’s fhe tech, fungo allows nfts to function onchain while keeping their hidden info encrypted.
holders can own, transfer and interact with their nfts without exposing everything to the public.
i like the direction here bcos privacy shouldn’t have to come at the expense of functionality.
and fungo isn’t stopping at its genesis collection.
the bigger plan is to build a launchpad where other projects can create & launch their own encrypted nft collections.
if it succeeds, fungo could become an important piece of infra for the privacy-focused nft ecosystem.
their genesis nft mint goes live tomorrow, will you be there?
Boye retweeted
the @FungoLabs genesis nft mint goes live tomorrow and it’s going to be a bidding process.
here’s how it works 👇
there are 3,000 nfts up for grabs:
- 500 free mints for whitelist holders
- 2,500 through a sealed-bid auction
so, what is a sealed-bid auction?
think of it as putting your offer in a closed envelope. nobody gets to see what others are bidding.
you’ll bid in cZAMA (zama’s encrypted token) and choose two things:
- how much you’re willing to pay per nft
- how many nfts you want
others can only see that you placed a bid, when you placed it, and the number of bids. your actual offer stays hidden.
how is the final price decided?
once the auction ends, all bids are revealed and ranked from highest to lowest.
the bid that fills the 2,500th nft sets the final price.
everyone who wins pays the same price, and any extra cZAMA is refunded.
what happens to your bid?
- bid above the final price: you get all the nfts you requested.
- bid at the final price: you share the remaining nfts based on how much everyone requested.
- bid below the final price: you get nothing, and your cZAMA is returned.
a few things to know before bidding:
- bids are binding. you can’t cancel them.
- each bid comes with a small, non-refundable encryption fee.
- if demand is below 2,500 nfts, everyone pays the lowest bid price.
- nfts are minted sealed, and you decide who gets to see what’s inside.
- each nft holders get 1,113,861 $FUNGO token at TGE.
that’s pretty much everything you need to know before the mint.
goodluck boys !
Boye retweeted
some people still think AI is mostly for asking questions, generating images, videos and all…hehe
turns out, you can also tell it to buy you some INJ, notify you about your token prices and even more
introducing you to @MojoAI_HQ,
an AI-powered trading agent that lets you interact with your crypto wallet, make trades and set up market alerts through simple conversations.
i decided to give it a try, so deposited $21 usdc from my bybit into mojo.
the deposit reflected in my mojo wallet almost immediately, which was a good start.
next, i wanted to see if i could actually execute a trade just by chatting with the agent.
so i typed “buy $20 worth of INJ with usdc”
mojo understood the instruction and brought up a transaction card with the details as seen on frame 1
how much USDC would be used, the fee, the estimated INJ and the execution price.
i checked everything, approved it, and the trade went through within couple seconds
the result? 2.7090061 INJ at an execution price of $7.36.
the whole experience was swift and smooth
didn’t have to go searching through different menus to figure out where to place the order.
i just explained what i wanted, had a conversation with the agent and reviewed the transaction before approving it.
i also ran ran some swap on eth, usdc → usdt, usdt → usdc which was done with a command by my agent.
was enjoying the conversion with the agent so i decided to try something else outside buying and selling or swapping
i asked mojo to monitor hyperliquid and notify me when HYPE moves above $85.
again, it understood what i meant and prepared a monitoring agent called HYPE price alert.
it showed me that HYPE was trading at $83.86 at the time, explained how the alert would work and gave me the option to launch it.
the interesting part is that it’ll check the price every 10 minutes, sends me a notification when it detects a move above $85, and re-arms after the price drops back to $85 or below.
it also explained the limitation, because it checks at intervals, a quick price spike between checks could be missed.
love the facts that it tells you these things before you approve anything.
the alert doesn’t touch your funds, and nothing starts until you approve it.
so far, i’ve tried moving funds, executing an INJ trade and setting up a price-monitoring task, all through conversations.
still have more to explore, but i’m already enjoying how straightforward the experience feels😁
if you wanna try mojo and experience swift and easy trades or even more, use my referral code/link in the CS
gracias🫶🏻
#Mojo
Boye retweeted
. @FungoLabs has launched its X Creator Campaign with 300M $FUNGO (3% of the total supply) allocated as rewards.
here's how to participate:
→ connect your X account and wallet
→ publish up to 5 posts about FungoLabs
→ submit them through the campaign portal
only posts made from November 1, 14:00 UTC onwards are eligible. rewards will be distributed directly to participants' wallets at TGE.
Genesis NFT and Zama OG holders have separate allocations.
Boye retweeted
the @FungoLabs genesis nft mint goes live on November 5 and there are 3,000 nfts up for grabs
→ 500 are reserved for whitelist holders
→ the remaining 2,500 will be sold through a sealed-bid auction
you'll submit how much you're willing to pay and how many NFTs you want using cZAMA. your bid stays hidden until the auction ends
once bidding closes, the bids are ranked and the 2,500th winning bid sets the final price. everyone who wins pays the same price and any excess cZAMA is refunded
one thing to keep in mind: bids are binding, so you can't cancel once submitted. there's also a small non-refundable encryption fee per bid.
Boye retweeted
I’ve been looking into what Fungo Labs is building, and the FHE part caught my attention.
FHE stands for Fully Homomorphic Encryption.
The interesting thing about it is that a smart contract can work with encrypted data without needing to see what’s actually inside.
Think about that for a second.
You could have an NFT with hidden traits and stats, but those encrypted values can still be used by the contract.
I like this approach because privacy doesn’t have to come at the cost of functionality.
And I think there’s a lot more that can be done with that idea.
@FungoLabs
Boye retweeted
A generator can run for five years, survive countless repairs, get its oil changed regularly and have several parts replaced.
Yet the moment it gets sold, its entire history can become a conversation between two strangers.
The machine has a history.
The problem is keeping that history attached to it.
🧵
Boye retweeted
real tech behind @FungoLabs
fungoLabs creates the first encrypted nfts on ethereum using @zama ’s fully homomorphic encryption (fhe). each nfts mints sealed: ownership is public, but the artwork (“look”) and permanent hidden stats (“essence”) stay encrypted onchain.
only the current holder can decrypt and view them, and fhe randomness ensures neither buyers nor the team can influence or preview the traits.
the same tech powers private sealed-bid auctions where bids remain hidden until the end, then settle at a single clearing price.
smart contracts can still compute on the encrypted data without ever reading it, enabling future private games and proofs while keeping full on-chain verifiability.
highlight ~ $FUNGO tokenomics details....
▪︎ total supply: 10b
▪︎ genesis nfts: 36% ~ each fungo nft: 1.11M tokens
▪︎ zama og: 7% (700m) ~ each zama og nft: 140k tokens
▪︎ x campaign: 3% (300m) ~ x campaign supply: 300M
▪︎ team: 10% (12 month lock + 36 month vesting)
▪︎ claim Rules:
~ 7-day claim window
~ unclaimed tokens will be burned.
~ claim as $FUNGO or private cFUNGO.
@FungoLabs x campaign details will also be coming today
:)~ 3rd frame: what you earn at different fdvs
probably something.
Boye retweeted
the way @FungoLabs is approaching its Genesis NFT mint is actually interesting
instead of the usual public mint where everyone rushes in and watches the floor price, fungo is introducing a sealed-bid auction powered by @zama FHE.
here's how it works:
you place your bid in cZAMA, choose how many NFTs you want, and your bid amount stays encrypted while the auction is running.
once bidding closes, the bids are revealed and ranked.
the lowest successful bid determines the final price, and every winner pays that same price. any excess is refunded
the Genesis mint is happening on november 5, with 500 free mints for whitelist holders and 2,500 NFTs going through the auction
this is a pretty interesting use of FHE beyond the usual narrative
curious to see how this plays out
there's more to the @FungoLabs Genesis NFTs than just owning a rare digital collectible.
fungo is building a launchpad where other projects can launch their own encrypted NFT collections
and here's where things get interesting for genesis holders
20% of the launchpad revenue is allocated to a pool shared equally among the 3,232 Genesis NFTs
holders can claim their share in ETH, ZAMA and tokens from collections launched on the platform
on top of that, projects launching through the platform will allocate between 5% and 20% of their token supply to genesis holders
so as the launchpad grows, there's potential for more utility to flow back to genesis holders
this is an interesting model to watch
Boye retweeted
CUNHAHAHAHAHAHAHHAHAHAHSHSHSHSHSHSHSHSHSHSHSHAHSHHSHSHSHSHSHSHSHSHSHSHSGSUSHHSHSHSHSHAHAHSHHSSHGAGAGAGAGAGAGAGAGAGGAGAGAAGGAGAGAGAGAGWGAGAGAGGAGAGSGSGSHSHSJHSAHAHSGHSAHHAAHAHAHAHAHAHAHHAHAHAHAHAHAHAHHAHAHAHHAHAHAHAHAHAHAHAHHAAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHHAHAAHHAHAAHAHAHAHAHAHHAHAHSGSHSBSJSNSJSBSJSJ
