๐
๐ฎ๐ง๐ ๐จ๐๐๐๐ฌ ๐ข๐ฌ ๐๐ซ๐ข๐ง๐ ๐ข๐ง๐ ๐๐ง๐๐ซ๐ฒ๐ฉ๐ญ๐๐ ๐๐
๐๐ฌ ๐ญ๐จ ๐ญ๐ก๐
@zama ๐๐๐จ๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆ, ๐๐ง๐ ๐ญ๐ก๐๐ญ'๐ฌ ๐ฐ๐ก๐๐ญ ๐ฆ๐๐ค๐๐ฌ ๐ญ๐ก๐ข๐ฌ ๐ฅ๐๐ฎ๐ง๐๐ก ๐๐ฏ๐๐ง ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐ข๐ง๐ .
The Genesis collection from
@FungoLabs is minting on November 5, 2026, powered by Zama's FHE technology, introducing encrypted NFTs and a sealed-bid auction where your bidding strategy stays private.
๐๐๐ซ๐'๐ฌ ๐๐ฏ๐๐ซ๐ฒ๐ญ๐ก๐ข๐ง๐ ๐ญ๐ก๐๐ญ ๐ฆ๐๐ค๐๐ฌ ๐ญ๐ก๐ข๐ฌ ๐ฐ๐จ๐ซ๐ญ๐ก ๐ฉ๐๐ฒ๐ข๐ง๐ ๐๐ญ๐ญ๐๐ง๐ญ๐ข๐จ๐ง.
The Genesis collection has a total supply of 3,232 NFTs:
โข 500 NFTs available for free mint to whitelist holders, gas only
โข 2,500 NFTs allocated for public auction
โข 232 NFTs reserved for the team
โข 1 NFT per account
๐๐ก๐ ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐ฆ๐๐๐ก๐๐ง๐ข๐ฌ๐ฆ ๐ข๐ฌ ๐ฐ๐ก๐๐ซ๐ ๐ญ๐ก๐ข๐ง๐ ๐ฌ ๐ ๐๐ญ ๐ซ๐๐๐ฅ๐ฅ๐ฒ ๐ข๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐ข๐ง๐ .
Bids are placed in cZAMA, allowing participants to choose their price and quantity while keeping both encrypted during the auction. Onchain, only the bidder, timestamp, and number of bids remain visible.
Once the auction ends, bids are revealed and ranked from highest to lowest. The lowest winning bid that fills the 2,500 NFT supply determines the final sale price.
Every winner pays the same price, and any excess cZAMA is refunded.
โข Bids above the final price receive their full quantity.
โข Bids exactly at the final price share the remaining NFTs pro rata.
โข Bids below the final price receive nothing and get their cZAMA back.
๐๐ง๐ ๐ข๐ฆ๐ฉ๐จ๐ซ๐ญ๐๐ง๐ญ ๐๐๐ญ๐๐ข๐ฅ: bids are binding and cannot be withdrawn. Each bid also includes a small non-refundable encrypted bidding fee.
If demand stays below 2,500 NFTs, everyone purchases at the lowest bid price.
๐๐ง๐ ๐ญ๐ก๐ ๐๐
๐๐ฌ ๐ญ๐ก๐๐ฆ๐ฌ๐๐ฅ๐ฏ๐๐ฌ?
They mint sealed. Holders decide who gets to see inside.
๐๐จ๐ฐ ๐ฅ๐๐ญ'๐ฌ ๐ญ๐๐ฅ๐ค $๐
๐๐๐๐ ๐ญ๐จ๐ค๐๐ง๐จ๐ฆ๐ข๐๐ฌ.
Total supply: 10B
$FUNGO
46% airdrop at TGE
โข ๐๐๐ง๐๐ฌ๐ข๐ฌ ๐๐
๐ ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง: 36% | 3.6B
$FUNGO
โข ๐๐๐ฆ๐ ๐๐ ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง: 7% | 700M
$FUNGO
โข ๐ ๐๐๐ฆ๐ฉ๐๐ข๐ ๐ง ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง: 3% | 300M
$FUNGO
โข ๐๐๐๐ฆ ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง: 10% | 1B
$FUNGO
Each Genesis NFT receives approximately 1.11M
$FUNGO, while each Zama OG receives approximately 140K
$FUNGO.
Personally, what makes FungoLabs interesting is the combination of encrypted ownership, privacy-preserving bidding, and a substantial token allocation for Genesis holders.
FHE isn't just being used as a buzzword here. It actually plays a role in how the auction works.
November 5 is definitely a date worth keeping on the radar.
Privacy, NFTs, and token incentives coming together in the
@zama ecosystem.
Let's see how
@FungoLabs executes this.