Verny

I'm early to @000dotfun. From zero to FUN. 000.fun

Gm 🌞 folks

Ant king is at it again Join the space And get a chance to get WL

DN It's gonna be loud ER than ever In the loud house @0xfortizo @theloudhousenft

$Fungo Just Explained Its Sale And It's Not a Race to Click Faster Most NFT sales reward speed. Whoever clicks first, pays gas first, or has the fastest bot, wins. Fungo's latest post explains a different kind of sale for its Genesis NFTs, and if you understand it, it changes how you should bid on November 5. The example, in plain terms Imagine only 3 NFTs are for sale, with an example minimum of 500 cZAMA. Four people each bid for one: One bids high, one bids in the middle, one bids lower, and one bids exactly the minimum. Only the top 3 win. But this is the key part they do not each pay what they bid. They all pay the same final price: the lowest winning bid. So the highest bidder does not get punished for bidding high. They get the difference back. The middle bidder also gets a refund down to that same final price. The lowest winner pays exactly what they bid, with nothing to refund. The person who bid only the minimum loses, and gets their full bid back. Fungo's lesson from the example is simple: bidding the minimum does not mean you buy at the minimum. Bid what the NFT is actually worth to you, because you will only pay the final price if you win. Why it's sealed, not public This is not a normal open auction where everyone can see each other's bids and outbid at the last second. On Fungo's official site, the sale is described as a sealed auction built with Zama's FHE: bids are encrypted, nobody sees them while bidding is open including the team and the envelopes are only opened and made public after bidding ends. That matters for two reasons. First, it removes the public bidding war. Second, it means you cannot copy someone else's bid, and no one can front-run yours while the sale is live. What this means for November 5 Context from the posts just below this latest one: Genesis mints on November 5, 2026, with the first 500 NFTs as a free mint for whitelist holders, followed by a sale of 2,500 NFTs using this encrypted bidding system. So there are really two different doors into Genesis. The free mint is whitelist-only. The sale is this sealed-bid auction and in that auction, the strategy in Fungo's example is not to lowball and hope. Lowballing risks losing outright, as the minimum bidder did in the example, while bidding honestly does not mean you overpay if you win. What we still don't know from this post alone The post gives an example only. It does not, in the text I could read, give the real minimum price for the actual 2,500 sale, the bidding window, or the exact escrow and refund timing for the real sale. Don't treat the 500 cZAMA in the example as the real minimum Fungo itself labels it example only. Also, this article is for you to post or adapt yourself. I haven't posted it, and a good bid still doesn't guarantee you win an NFT in a sealed auction, the top bids win, and everyone else gets a refund, not a consolation prize. If you're planning to bid, the honest takeaway from Fungo's own example is this: decide what a Genesis NFT is worth to you before the sale opens, bid that, and let the final price sort itself out.

$FUNGO Tokenomics, Explained Simply: Who Gets 10 Billion, and Why It Matters to You The first Fungo article was about the idea: encrypted NFTs, sealed art, hidden stats. This second one is about the money side: how 10 billion $FUNGO is supposed to be shared, and where an ordinary X user fits in. The headline number Total supply, as posted by @FungoLabs, is 10 billion $FUNGO. That number alone tells you nothing. What matters is who gets it, when they can use it, and what is locked away so it cannot flood the market on day one. Community first, on paper The breakdown circulating from Fungo's tokenomics post puts 46% of the supply with the community: - 36% for Genesis NFT holders - 7% for Zama OG holders - 3% for the X campaign That 3% is the part that matters most to you. Three percent of 10 billion is 300 million $FUNGO and that matches the 300,000,000 pool stated in the live X campaign post itself. So the campaign is not a side prize. It is the community share set aside for people who post about Fungo, submit their 5 best posts, and are ranked when the campaign ends. The other community shares are tied to holding, not posting. Genesis holders and Zama OG holders are the other two recipient groups named in both Fungo's post and in third-party summaries of it. One summary puts Genesis at about 1.11 million $FUNGO per holder and Zama OG at about 140,000 each, but I am flagging that as a circulating summary, not as text I read in full from Fungo's own post images. Treat those per-holder figures as reported, not confirmed, until Fungo publishes the table in text. Team and liquidity: the locked part The same summary lists 10% for the team, locked for 12 months, and 34% for liquidity, locked forever. If those locks hold, that is a deliberate design choice: the team cannot sell its share immediately, and a large liquidity share cannot be pulled out later. It does not guarantee price nothing in tokenomics does but it does tell you the team is not setting up a quick exit on paper. Note an honest gap here: the community, team, and liquidity figures I saw in that summary add up to 90%, not 100%. That means 10% was not shown in the snippet I read. I am not inventing a category to fill it. Check Fungo's full tokenomics post before you quote a complete pie chart to anyone else. Claim rules: do not miss the window This is the practical part people lose steamy token on, even when they qualify. For NFT holders, the circulating summary warns: watch the snapshot, and claim within 7 days, otherwise unclaimed tokens get burned. For X campaign participants, the campaign post itself says something different: rewards hit your wallet at TGE, after the leaderboard is revealed at the end of the campaign. Those are two different claim paths, so do not mix them up. Holding an NFT does not automatically mean your campaign reward arrives the same way, and posting does not automatically mean you get an NFT holder's share. Other points in the summary worth noting: no VC allocation, no presale, and no transaction tax were listed. Again, those are from the summary of Fungo's post, not from a contract I have audited, so I present them as stated, not as verified on-chain. What this means for you, as an X campaign entrant You are not competing for the whole 10 billion. You are competing for the 3% - 300 million $FUNGO set aside for the X campaign, shared across ranked participants when it ends. That is why original, specific posts matter more than 5 rushed ones. The leaderboard is revealed at the end, not during, so you cannot see where you stand while you are posting. Your best move is to post work that actually explains Fungo the sealed art, the encrypted essence, the November 5 mint, the encrypted bidding sale and submit your 5 best on the full campaign link, fungolabs.org/launchpad/c/cf…, with posts dated from November 1 at 14:00 UTC onward.

> AntHood by @KingAnt is the free mint I want. > > 1,111 Genesis animated PFPs, whitelist only, 1 per wallet, free gas covered. > > No public mint, no token this time. Date TBA, codes drop on X. > > I'm showing up, not just watching.

Fungo Labs, Authentically: A Secret You Can Own, a Date You Can Mark, and a Campaign You Can Actually Enter I did not write this from a thread I saw somewhere else. I checked @FungoLabs and fungolabs.org myself, and this is what is actually there and what is not yet clear. What Fungo Labs actually is Fungo Labs is building NFTs on Ethereum where the inside stays private. It uses fully homomorphic encryption from Zama, which lets a smart contract compute on data it can never read. Every Fungo NFT mints sealed. That means two things, and they are different: The look is the art. You can view it privately any time after minting, and you can publish it only if you choose to. Once published, that is final. The essence is the power: class, four stats, and element. That stays encrypted on-chain forever. There is no reveal function for it, not for the team, not for a marketplace, not for anyone. Sell the NFT, and your view ends in that same transaction. The new holder wakes it after. That is the whole idea, in one line Fungo uses themselves: seen by all, known by one. It is not just privacy for its own sake. If stats are hidden, a game built on them can actually work a duel can be settled without either side revealing what they hold. A transparent NFT cannot do that, because everyone can see everything before the game even starts. What changed this week Until recently, Fungo was easy to explain and hard to date. Their latest posts change that. First, Genesis now has a mint date: November 5, 2026. The order is 500 free mints for whitelist holders first, followed by a sale of 2,500 NFTs. The sale uses an encrypted bidding system built with Zama's FHE technology. In plain terms, even the bidding is not a fully public race. Second, the $FUNGO X campaign is live. The reward pool stated in their post is 300,000,000 $FUNGO. To enter, you connect your X account on the campaign page and submit your 5 best posts about Fungo. Posts from November 1, 2026 at 14:00 UTC onward count. The leaderboard is revealed when the campaign ends, and rewards are due at TGE. The full campaign link from their post is fungolabs.org/launchpad/c/cf… the shorter /launchpad/c/ link on its own does not work. Third, they posted a tokenomics overview: 10 billion $FUNGO in total, covering Genesis NFT holders, Zama OG holders, and X campaign participants, with amounts and claim rules. The detailed breakdown was in post images, which I could not read in full, so I am not repeating specific per-holder amounts here as if they were confirmed in text. The total Genesis collection is 3,232 NFTs: 2,500 for sale, 500 free-mint spots shared by whitelist and nominees, and 232 for the team. For the whitelist itself, the official site steps are still: connect your real X account, complete four tasks follow, like, reply, repost and answer three questions. Applications are reviewed by hand, and a spot is not guaranteed. What I do not know yet, and will not pretend to know I do not have the full sale rules from the mint post images. I do not have the full tokenomics table from the tokenomics post images. I do not have a claim date beyond TGE for the campaign, or a guaranteed reward for any individual poster. That matters, because a campaign entry is not a guaranteed airdrop. It is an entry into a leaderboard that is revealed at the end. Anyone promising you a certain amount, or asking you to connect a wallet early, pay to enter, or share a seed phrase, is not following Fungo's own process. Fungo says you do not connect a wallet to apply for the whitelist, wallet linking only happens a few days before mint on a page announced on X first, and they will never DM you first.