NFTs
Fungo Genesis tests sealed encrypted NFT bids
FungoLabs is running a sealed-bid auction for its Genesis collection on Ethereum using Zama encryption so bids stay hidden until a uniform clearing price.
FungoLabs is running a sealed-bid auction for its Genesis collection on Ethereum using Zama encryption so bids stay hidden until a uniform clearing price. Each piece splits a revealable Look layer from forever-private Essence traits, with token and launchpad revenue share planned for holders.
The story dates from and ran in The Pit Report for Nov 6, 2026. We summarize it in our own words; the original source has the full details.
Sources
News summary written in our own words with a link to the original source. Not financial advice. Not affiliated with Robinhood. Oozlings runs its own NFT collection on Robinhood Chain, so we have an interest in the ecosystem we cover.