Fungo Labs is making me rethink what an NFT is supposed to be. 🟨
We’re so used to NFTs being completely exposed the moment they hit the chain.
Traits ? Public.
Metadata ? Public.
Everything ?
Open for anyone to inspect.
But what if an NFT didn’t have to reveal its secrets ?
That’s where Fungo gets really interesting.
Their NFTs are encrypted onchain, while the smart contract can still compute on that encrypted data without actually being able to read it.
Think about how crazy that is.
The blockchain can work with the information…
without knowing the information.
And then there’s the part I really love:
The creator doesn’t get to choose the outcome either.
The NFT’s look and essence are determined through FHE-based randomness.
No peeking.
No trait selection.
No “give me the rare one.”
No insider advantage.
Nobody knows what’s behind the seal.
Not the collector.
Not the creator.
Not the contract.
Until it’s time to reveal it.
You’re not just buying a JPEG.
You’re minting something that has a hidden state, can be processed onchain, and keeps its secrets while the blockchain still does its job.
This is the kind of NFT experimentation I actually want to see.
Not another collection with a fancy roadmap.
An NFT that can exist onchain without giving away everything that makes it interesting.
That’s a very different future for NFTs.
@FungoLabs@zama 🔥
In just last few hours the sweep happened.
And boom 💥 the floor went from lowest as 0.235 $ZEC to 0.55 $ZEC
Currently stable at 0.5 $ZEC
During the Dip I personally took 2 @zksnarks_
Believe in SNARKs
🟨 @FungoLabs whitelist update 👀
281 accounts approved so far.
15 holders have already received a nomination each.
Reviews are still ongoing, and more news is coming very soon.
Time to check that status :
🔗 https://t.co/xw2z2gtqXJ
Manifesting that approval notification. 🤞
Mine is still under review thou...
Fungo whitelist spots are still rolling out.
More updates around the Launchpad are coming soon…
And me ?
Still under review. 😭
I’m checking that whitelist status like it’s a daily ritual at this point. 😂
Come on @FungoLabs
let me in. 🟨
We’re continuing to roll out whitelist spots.
And there’s more coming. We’ll be sharing more updates around Fungo Launchpad very soon.
🟨 In the meantime, keep checking your whitelist status through the checker.
FungoLabs WL checker is LIVE
And somehow I’m still staring at that beautiful “In review” status. 😂
I applied. I answered. I waited.
Now the ball is in your court, @FungoLabs
I’m not asking for a shortcut.
I just want to see that little “you’re in” hit my screen.
FHE + encrypted NFTs + a chance to be early…
come on Fungo, seal the deal. 🟨🔥
Only about 20% of the whitelist spots have been filled so far. Reviews are ongoing.
Every application is being reviewed, so take your time with your answers.
🟨 Keep an eye on the checker for updates.
@cryptorover We need to use Cold Wallets for holding funds and Hot wallet for trading and other activities. This way we might mitigate the risk but will never be able eliminate it