fungolabs

The most fascinating thing about Web3 is that some people spend money every day farming interactions, only to end up with less than someone who simply writes thoughtful posts.

This time, FungoLabs is putting up 300 million $FUNGO tokens, targeting creators on X.

What did airdrops used to reward?
How much you invested, how many wallets you had, and how fast your scripts ran.

Now, some people are starting to think rewards should go to those who actually create content.

I can get behind that approach.

After all, what a project really needs isn’t tens of thousands of wallets that disappear after claiming an airdrop, but people willing to research, discuss, and spread the word about its ecosystem.

Of course, 300 million tokens doesn’t mean $300 million. How much people will ultimately receive and what the tokens will be worth are still unknown.

But at least it gives smaller accounts another path.

Here’s the question: Should Web3 airdrops reward people for farming interactions, or those who create value?

#FungoLabs #FUNGO

https://fungolabs.org/launchpad/c/cfpdxjt4

I've been following FungoLabs for a long time, and it's finally almost time for the Genesis Mint.

It's scheduled for November 5.

There are 3,232 Genesis NFTs in total:
500 for whitelist members and nominees to mint for free, 2,500 for a public encrypted auction, and the remaining 232 for the team.

What interests me most is the design: each NFT has two layers. You can choose to make the outer look public; the essence that determines its class, stats, and element remains encrypted, with no public reveal—not a delayed reveal, but genuinely hidden from everyone else.

This all runs on Zama's FHE. I've been watching it since the early days, and it's finally almost time for the official mint.

#FungoLabs #NFT #Zama #FHE #GenesisMint