
🌟 @FungoLabs is quietly changing how we think about NFTs on Ethereum. 🔹Most collections still function like glass boxes. The moment an NFT mints, anyone can scrape the art, traits, rarity, and stats. FungoLabs built the first encrypted NFTs on Ethereum using Zama’s fully homomorphic encryption (FHE). Every NFT mints sealed. Its public “look” can stay private or be revealed by the holder whenever they choose. Its “essence” the hidden class, stats, and element, stays encrypted on-chain forever. Only the current holder can see it, and even the team cannot access it. 🔹The Genesis collection contains 3,232 NFTs. Five hundred spots are free for approved whitelist users (gas only), 2,500 will be sold through a sealed-bid auction in cZAMA on November 5, and the remaining 232 go to the team. Unused free spots are never minted. 🔹Beyond the collection itself, FungoLabs is building an encrypted NFT launchpad so other creators can launch sealed collections the same way. Genesis holders are positioned to benefit from this: they receive a share of launchpad revenue and a portion of tokens from future collections launched on the platform. They also receive a significant allocation of the upcoming $FUNGO token. 🔉In a space where almost everything is public by default, FungoLabs is testing what happens when ownership can finally include privacy.
