Spartee @Mijiinyawaa - Twitter Profile

I’ve been looking deeper into @FungoLabs, and there’s more to $FUNGO than the 3% allocated to the X creator campaign. The tokenomics caught my attention because Fungo is connecting token distribution, NFT ownership, liquidity and launchpad activity into one ecosystem. Let’s look at some important details. $FUNGO has a fixed total supply of 10 billion tokens, with no presale, no future minting and no trading tax. According to the tokenomics, 82.5% unlocks at TGE, while the remaining allocation unlocks over 48 months. One major part is the community allocation. 46% of the entire supply is reserved for airdrops, divided into three groups: • Genesis NFT holders receive 36% (3.6B $FUNGO), with 1,113,861 tokens allocated per eligible NFT. • Zama OG NFT holders receive 7% (700M $FUNGO). • X campaign creators receive 3% (300M $FUNGO). But the interesting part doesn’t stop at airdrops. 34% of the total supply is allocated to the $FUNGO/$ZAMA liquidity pool, and the LP position is designed to remain permanently locked. Fungo also plans to use 20% of specified launchpad fees for weekly buybacks and burns. Another 20% goes to Genesis NFT holders, while the remaining 60% goes to the treasury. Genesis NFTs also have a longer-term role in the ecosystem. Holders are entitled to share 20% of launchpad fees and can receive allocations from tokens launched through the platform, ranging from 5% to 20%. There’s also a practical use for $FUNGO itself. Holders can stake the token to gain early access to launchpad sales, while projects can lock $FUNGO to improve their visibility on the Explore page. What stands out to me is how these different parts connect. NFT holders, creators, token holders and projects all have roles within the same ecosystem. With Zama’s FHE technology supporting its privacy-focused NFT infrastructure, @FungoLabs is building something that goes beyond launching another token. I’m interested to see how the launchpad develops and how these incentives work once the ecosystem becomes active. There’s quite a lot happening behind $FUNGO, and I think it’s worth looking beyond the airdrop.

Mijiinyawaa's tweet photo. I’ve been looking deeper into @FungoLabs, and there’s more to $FUNGO than the 3% allocated to the X creator campaign.

The tokenomics caught my attention because Fungo is connecting token distribution, NFT ownership, liquidity and launchpad activity into one ecosystem.

Let’s look at some important details.

$FUNGO has a fixed total supply of 10 billion tokens, with no presale, no future minting and no trading tax. According to the tokenomics, 82.5% unlocks at TGE, while the remaining allocation unlocks over 48 months.

One major part is the community allocation. 46% of the entire supply is reserved for airdrops, divided into three groups:

• Genesis NFT holders receive 36% (3.6B $FUNGO), with 1,113,861 tokens allocated per eligible NFT.
• Zama OG NFT holders receive 7% (700M $FUNGO).
• X campaign creators receive 3% (300M $FUNGO).

But the interesting part doesn’t stop at airdrops.

34% of the total supply is allocated to the $FUNGO/$ZAMA liquidity pool, and the LP position is designed to remain permanently locked.

Fungo also plans to use 20% of specified launchpad fees for weekly buybacks and burns. Another 20% goes to Genesis NFT holders, while the remaining 60% goes to the treasury.

Genesis NFTs also have a longer-term role in the ecosystem. Holders are entitled to share 20% of launchpad fees and can receive allocations from tokens launched through the platform, ranging from 5% to 20%.

There’s also a practical use for $FUNGO itself. Holders can stake the token to gain early access to launchpad sales, while projects can lock $FUNGO to improve their visibility on the Explore page.

What stands out to me is how these different parts connect. NFT holders, creators, token holders and projects all have roles within the same ecosystem.

With Zama’s FHE technology supporting its privacy-focused NFT infrastructure, @FungoLabs is building something that goes beyond launching another token.

I’m interested to see how the launchpad develops and how these incentives work once the ecosystem becomes active.

There’s quite a lot happening behind $FUNGO, and I think it’s worth looking beyond the airdrop.

Spartee

@Mijiinyawaa

7 days ago

One thing I find interesting about @FungoLabs is how they’re exploring a different way for smart contracts to handle information without exposing everything on-chain. Most blockchain applications rely on transparent data. Anyone can inspect transactions, check contract activity and sometimes see information that users would rather keep private. Fungo Labs is approaching this problem with Fully Homomorphic Encryption (FHE), powered by Zama’s FHEVM on Ethereum. The interesting part of this technology is that a smart contract can perform operations on encrypted data without first decrypting it. For example, imagine two players competing in a game. Both have private stats, and neither wants the other to know their strengths before the match. With traditional on-chain systems, keeping those values hidden while still processing them is difficult. FHE makes a different approach possible. The contract can compare encrypted values, process the result and settle the outcome without exposing the original information. Their approach goes beyond simply keeping NFT information private. They’re exploring how encrypted data can remain useful and functional inside smart contracts. Another important detail is how the system handles randomness. During minting, Zama’s on-chain FHE randomness generates the NFT’s look and essence, with both encrypted from the moment they’re created. This helps prevent anyone, including the team, from choosing or knowing the results in advance. I think this opens up interesting possibilities for blockchain gaming, digital collectibles and applications where users need both transparency and privacy. Ethereum already gives us open ownership and verifiable transactions. Technology like FHE introduces another possibility: applications that can work with information without making every detail public. That’s the part of @FungoLabs I’m interested in following. The technology behind it is worth understanding, especially as more projects explore what privacy can bring to Web3. Built with FHE. Powered by Zama. 🟨