FungoLabs is the first project to build Encrypted NFTs on Ethereum, using Zama’s Fully Homomorphic Encryption (FHE) technology The project's slogan is “Non-fungible. Non-visible.” • NFTs are minted in a sealed state • Artwork (Look) and hidden attributes (Essence) are generated using on-chain FHE randomness, with no one (including the team) knowing them in advance • Only the owner can view the content; they decide whether to make it public or not • Supports sealed-bid auctions using cZAMA $FUNGO is the native token of the FungoLabs Launchpad – a platform that allows other studios to launch encrypted NFT collections following the same standard • Each Genesis NFT (3,232 NFTs) receives 1,113,861 $FUNGO • Each Zama OG NFT (~4,996 NFTs) receives 140,112 $FUNGO • 82.5% unlocks immediately at TGE → high selling pressure if airdrop holders dump • No official TGE date has been announced yet (as of November 3, 2026)