๐๐๐๐ ๐๐ง๐ญ๐ก๐ฎ๐ฌ๐ข๐๐ฌ๐ญ โช๏ธ ๐๐จ๐ง๐ญ๐๐ง๐ญ ๐๐ซ๐๐๐ญ๐จ๐ซ โช๏ธ ๐๐ ๐ ๐๐จ๐ฅ๐ฅ๐๐๐ญ๐จ๐ซ DM open for Collabs & Partnerships. ๐ฉ TG: https://teapawt.org/t.co/gRuYOXX2jF
Web3
Joined April 2021
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Good Night CT ๐
Iโve been looking at a lot of NFT sales lately. Most of them still work the same way everyone can see the bids in real time, people jump in at the last second, and the final price is often decided by whoever reacts fastest.
@FungoLabs is doing something different on November 5.
The Genesis sale uses a sealed-bid auction powered by Zamaโs FHE. While bidding is open, your price and quantity stay fully encrypted. No one can see what others are bidding. On-chain you only see that a bid was placed not the amount.
When the sale ends, bids are revealed and ranked. The lowest bid that fills the 2,500th NFT sets one single clearing price. Every winner pays that same price. Excess above it gets refunded. Bids below get nothing back.
It removes the usual games sniping, last-minute jumps and people adjusting based on live bids. Whether it feels better in practice depends on demand, but the mechanic itself is different from almost every NFT sale Iโve seen.
Curious how many people will actually bid based on value instead of trying to game the system.
@FungoLabs $FUNGO
GMorning CT ๐
Most NFT collections still treat full transparency as a feature. Every trait, every rarity score, every holderโs bag is public the second the mint finishes.
@FungoLabs is testing the opposite idea.
The art can stay sealed until the holder decides to open it. The actual essence (class + stats + element) is encrypted with Zamaโs FHE and never has a reveal function. Not the team not indexers not anyone else can see it.
That changes what an NFT can be. It can now carry private information that is still usable on-chain without becoming public knowledge.
Curious if this is something the market actually wants or if most people still prefer the fully public model.
@FungoLabs $FUNGO
Good Night CT ๐
There is virtue in work and there is virtue in rest. Use both and overlook neither.
Good Night Legends ๐ค
The day is over but your journey isn't. Rest recharge and rise stronger tomorrow.
Fazle Rabbi ๐ retweeted
Good Night Fam.
Agent Dojo:
$1,500 USDT is up for grabs on @agentdojo and the campaign ends Nov 6. Only 5 days left.
Top 20 - share of 1,000 USDT
Top 200 - 50 random winners split 500 USD
Where things stand:
5,163 creators
154 tracked actions
I'm currently 125 with 623 RARS
Top 20 is a climb, but staying inside the Top 200 keeps me in the random draw. The final days decide the leaderboard, and consistency wins.
Where do you rank right now?
Drop it below.
@rarelistio
Good Night CT ๐งก
Even a grand tour, a splendid career or a lifetime of achievement can be ruined by a lack of sleep.
Good Morning CT ๐
Finally Sorsa Score 500+ Up
Good Evening CT โค๏ธ
@fazlerabbit has officially been recognized as a Sorsa Influencer Now.
So if you get a follow from me, your Sorsa Score is about to go up.๐
Good Evening CT โค๏ธ
@fazlerabbit has officially been recognized as a Sorsa Influencer Now.
So if you get a follow from me, your Sorsa Score is about to go up.๐
Good Night Family ๐งก
People in this world are selfish once their needs are met, they will no longer remember you.
