Fungo Genesis NFTs mint ToDay 500 free for whitelist, then 2,500 via sealed-bid auction in cZAMA powered by @zama FHE. This is the first real encrypted NFT sale on Ethereum. Bids stay fully encrypted while open on-chain you only see that a bid exists, not the price or quantity. When it ends, bids are revealed and ranked. The lowest winning bid sets one final price for everyone; excess is refunded. No front-running. No public order book. NFTs mint sealed only the holder decides who sees inside. How the sealed-bid works (example with 4 bidders for 3 NFTs): 🔒A: 3000 cZAMA 🔒 B: 1500 cZAMA 🔒 C: 1000 cZAMA 🔒 D: 500 cZAMA A, B, and C win and all pay the same final price of 1000 cZAMA. A gets 2000 back, B gets 500 back, C gets nothing back, and D gets the full 500 refunded. Bid what you think it’s worth winners only pay the lowest winning bid. @FungoLabs
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