Bolu 🧑🏾‍💻

Hello everyone. I am a full time Social media and Community growth Manager, I focus on growing online communities, creating platform specific content and turning your followers into active participants. I am also open to Internship roles in Digital Marketing, I recently graduated from the Techcrush Digital marketing cohort 8. I have experience in Finance, sports and food/beverage industries. Here’s some of my work 👇🏽 drive.google.com/drive/folde…

There's an interesting part of @FungoLabs that deserves more attention, and it has very little to do with the artwork of its Genesis NFTs. It's what happens when the Fungo Launchpad starts bringing other collections into its ecosystem. Fungo has outlined a model that connects Genesis NFT holders to the activity happening on the Launchpad. Here's how it works. 20% of the revenue generated by the Launchpad will go into a Genesis pool, distributed equally across all 3,232 Genesis NFTs. Holders can claim their share in ETH, $ZAMA or tokens from collections launched on the platform. But there's another layer. Every NFT collection launched through Fungo's Launchpad will allocate at least 5% of its token supply to Genesis holders. That allocation can go as high as 20%, depending on the collection. Think about the implication. If more projects launch through Fungo, Genesis holders could become eligible for allocations from multiple independent collections, while also participating in the revenue generated by the Launchpad. The team has also addressed its own allocation. Revenue shares belonging to the team's 232 Genesis NFTs will be used to buy back and burn $FUNGO rather than being retained by the team. I find this model particularly interesting because it gives Genesis a role beyond being the first collection on the platform. It creates a connection between the success of the Launchpad, the projects it attracts and the benefits available to Genesis holders. Of course, the actual value will depend on how much activity the Launchpad attracts and the quality of the collections it brings in. Announced allocations are not guaranteed returns. I'm interested to see how this develops as Fungo moves from Genesis into its next phase. @FungoLabs is building an ecosystem, and Genesis is where it starts. 🟨

Imagine entering an on-chain battle where your opponent has no way of checking your character's stats before the match. That's one of the possibilities I'm interested in with @FungoLabs. Every Genesis NFT comes with an underlying Essence containing its class, four stats and an element. These attributes are generated at mint and remain encrypted on-chain using @zama's FHE technology. Here's where things get interesting. In most blockchain games, character attributes can be inspected publicly. Your opponent could potentially know exactly what you're bringing into a fight before it even starts. Fungo is exploring a different approach. With Fully Homomorphic Encryption, smart contracts can work with encrypted information without exposing the actual values. Think about that for a moment. A smart contract could settle a duel using two characters' hidden stats without either player having to reveal those stats to their opponent. Fungo's roadmap includes a game built around Genesis NFTs and their traits. That gives these encrypted attributes a potential purpose beyond simply being collectible metadata. I'm particularly interested in seeing how the team brings this to life. Because if your character's abilities can remain private while the game can still use them, that opens up some interesting possibilities for on-chain gaming. Would you rather enter a battle knowing your opponent's stats, or keep everyone guessing? 🟨

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🟨 Something interesting is happening with @FungoLabs, and I think the technology behind this launch deserves more attention. Today, November 5, Fungo Genesis is introducing 2,500 NFTs through a sealed-bid auction powered by @zama's Fully Homomorphic Encryption (FHE) technology. Another 500 NFTs are reserved for free minting by whitelist holders and nominees, bringing the Genesis collection to 3,232 NFTs, including 232 allocated to the team. Here's what makes the auction interesting. Participants submit their bids in cZAMA, choosing how much they're willing to pay per NFT and the quantity they want. Those details remain encrypted throughout the auction, meaning other participants cannot see your bid or adjust theirs based on your offer. When the auction closes, bids are ranked from highest to lowest. The lowest successful bid determines the final price, and every winning participant pays that same price. For example, if you bid 15,000 cZAMA per NFT and the final clearing price is 10,000 cZAMA, you still secure your allocation but receive the excess 5,000 cZAMA back per NFT. Bids below the clearing price receive no NFTs and are refunded, while participants bidding exactly at the clearing price may share the remaining allocation proportionally. The process starts with getting ZAMA, shielding it into cZAMA and submitting your sealed bid through the Genesis page. You'll also need a little ETH for gas. One important detail: bids are binding, and the encrypted bidding fee is non-refundable. But the interesting application of FHE goes beyond the auction. Every Genesis NFT is minted with its contents encrypted on Ethereum. Holders can privately view their NFT's artwork and decide whether to make it public. Its underlying essence, containing its class, stats and element, remains encrypted on-chain, with access controlled by its current holder. This is where Zama's technology becomes particularly interesting. Smart contracts can process encrypted information without having to expose the underlying data. There's also a 300,000,000 $FUNGO allocation for the ongoing X creator campaign, representing 3% of the planned 10 billion token supply. Connect your X account on the campaign page and submit your five best Fungo posts published from November 1, 14:00 UTC onward. For some perspective, at a hypothetical $10M FDV, the creator allocation would represent $300,000. An equal distribution among 100 creators would amount to 3 million $FUNGO each, or approximately $3,000 at that valuation. Each Genesis NFT is also allocated 1,113,861 $FUNGO, equivalent to approximately $1,114 at the same hypothetical FDV. Of course, these are valuation illustrations, not guaranteed market prices or individual rewards. The actual creator distribution has not been disclosed. What I find worth watching is how Fungo is putting privacy to work across the entire experience, from the NFT's underlying attributes to the bidding process used to distribute the collection. FHE has some fascinating possibilities for on-chain applications, and Genesis is an interesting demonstration of that. Explore: fungolabs.org Built with @zama. 🟨

Eyan mi ❤️

If you don finish this prank, release the commercial abeg

Shut up Unc! 😭

“Journalist” Fraudizio no go post this one 😂😂😂😂😂😂