Umesh 🌊

the @FungoLabs x campaign is ending today ( in few hours if you haven't submitted your 5 best posts about fungo yet make sure to do it before the deadline a few things to remember :- - submit your 5 best posts through the campaign page - the campaign closes today at 15:30 utc ( 9 pm ist ) - posts submitted after the deadline would not count - the leaderboard will be revealed once the campaign ends - rewards will be distributed at tge so if you have been posting about fungo don't forget to submit your best work you still have some time so don't miss the share of 300m $fungo submit here :- fungolabs.org/launchpad/camp…

just minted my @FungoLabs genesis nft and the top offer is already at $239 👀 honestly i am holding mine for now because there is more to this nft here is why i am holding :- - $FUNGO allocation :- each genesis nft is set to receive 1,113,861 $FUNGO tokens at tge - launchpad revenue :- genesis holders share 20% of fungolabs' launchpad revenue - future launches :- holders get at least 5% of the token supply from every new collection launched on fungo that's what makes this collection interesting to me the sealed-bid auction for the remaining 2,500 nfts is also going to happen in next few hours i am holding my genesis nft and curious to see how the fungo will execute next have you minted yours or are you planning to participate in the auction ?

fungo labs tokenomics are finally out and the total supply is 10 billion $fungo here is how the allocation looks :- > 36% of the total supply goes to fungo genesis nft holders there are 3,232 nfts so if the allocation is distributed equally each nft holder will receive approximately 1,113,861 $fungo > 7% goes to zama og nft holders there are 4,996 nfts so if distributed equally each holder will receive approximately 140,112 $fungo > 3% of the total supply will be allocated to the X campaign one important thing the 10% of the total supply is allocated to the team these tokens will be locked for 12 months and then unlocked gradually over the next 36 months now let's talk about the main thing that what the price would be at different fdvs If $fungo launches at :- - $1M FDV = $0.0001 per token - $2.5M FDV = $0.00025 per token - $5M FDV = $0.0005 per token now, the rewards for fungo genesis nft holders would look like this :- - at $1M fdv :- 1,113,861 tokens = $111.39 - at $2.5M fdv :-1,113,861 tokens = $278.47 - at $5M fdv :- 1,113,861 tokens = $556.93 and for zama og nft holders :- - at $1M fdv :- 140,112 tokens = $14.01 - at $2.5M fdv :-140,112 tokens = $35.03 - at $5M fdv:- 140,112 tokens = $70.06 these are just assumptions and we can see the final price at tge hope they launch at a good fdv btw what fdv are you expecting for @FungoLabs ?

nowadays I am diving deep into @datafdn × @SuiNetwork partnership and exploring how everything is coming together so i wrote an article covering all the important things #DATAonSuiQuest

this article by @devrelius ( andrea ) explains why the DATA Foundation decided to move towards the Sui ecosystem and what actually matters behind this decision here are the key points i found interesting > since launching in june trace has recorded close to 300M data contributions and processes over 3M receipts daily > running a separate blockchain comes with costs maintaining validators rpc infrastructure security and other blockchain components takes significant engineering effort and money DATA wants to focus more on building its actual products instead > why sui walrus and seal ? because sui provides high performance execution walrus handles large scale data storage and seal enables secure access control together these tools can help support trace as its activity grows DATA wants companies to verify license and put their data to use while making its origin and usage rights easier to track the thing matters now is whether this infrastructure helps trace scale while making ai training data easier to verify and license @datafdn