SHILL Issue 26

#SHILL 

SOLANA NFT/DEFI/TWITTER COMMUNITY 

ISSUE #26 

0.025 ◎ 

GOONEY TOONS 

Move over NFT gaming make way for 

storyline NFTs cont from issue 25 

GENESYSGO $SHDW 

What IS the GenesysGO project 

about exactly? 

SLEEPYBEES 

Deep dive into McNatt 

BREAKDOWN 

Where is Solana headed? Are you 

prepared?

xKonwi 

THIS 

In 

ISSUE 

26

4 

From 

the Editor 

FINAL issue for 2021. Wise 

words or ramblings? 

Gooney TOONS 

6 Continuation of Part 

1- going to leave you 

SHILL the Mint 

wanting more! 

31 Dropping, holding and 

hoping 

Did I Do That? 

14 @Pixeltoy 

42 

16 GENESYSGO The $SHDW token and 

where the project is 

44 

heading. Part 1. 

PROBABLY NOTHING 

Dropping, holding and 23 hoping 

24 

BREAKDOWN 

Where is Solana going? 

Have YOU considered 

this? 

45 

58 

60 

68 

SOLANALYSIS 

7D Volume rankings 

MOVERS 

SolsWatch analysis of 

current NFTs on market. 

DID YOU SEE IT? 

New section, where the f* have 

these artists been hiding? 

ALPHA Mints 

Keep an eye out for this artist! 

URS ARTISTS ROYAL GANG 

The one-of-one mints you 

wish you had ALPHA about! 

SLEEPYBEES 

Deep dive into McNatt

the 

@Pixeltoy 

2022! Hooplah! Here we are... 

from 

EDITOR 

Now that the formalities are out of the way, welcome to issue 26 of Shill 

zine. Thirteen weeks running! Hell, that’s longer than most NFT minted 

projects! 

Thankfully, this zine exists because OF the community out there. You, 

the reader! The weekly stats over on YUMPU are just incredible! FWIW, 

Issue 23- 1154 reads, Issue 24- 1140 reads, Issue 25- 909 reads. That’s 

3203 reads for the week. Pretty f*ing impressive seeing that my goal 

was 2000 readers! 5000 readers by June 2022! This can only happen if 

you RETWEET the zine across your networks. Well beyond my scope. 

Exciting section added to this issue. We have “Shill the Mint”, “URS 

Royal Gang” and now we have “Have You Seen It?” after coming across 

obscure mints when following a tweet of a tweet of a tweet. Maybe 

these artists will stick around? Maybe they are just testing the Solana 

waters? Some of the mints I can’t track back to Twitter so I have left 

them as a plex link back to their site. Happy to rectify this if you know 

the artist. 

If you don’t discover a new artist that you haven’t previously considered 

then I’d be surprised! 

The Gooney project is just bowling me over at the moment. This project 

must be working 24/7 to churn out the content that they have. I am 

looking forward to their mint (no I don’t have WL or any shit like that, I’m 

a pleb like the rest of us!). 

I have also included some info about GenesysGo explaining what the 

project is about and how their upcoming token IDO will work. I never 

touched the project as I had NFI what they were trying to sell as an NFT 

4 

SHILL Issue #25

ut essentially it looks like ‘shares’ in a company. Who needs the 

stockmarket anymore? 

Jacob Van gives us an unbiased opinion about Solana in ‘Breakdown 

and Analysis’. Read that one carefully and consider the next 6months 

in this space! 

Wrapping up we have SleezyBees with a Deep Dive into McNatt. 

PLUS 

So much eye-candy from here to there! 72 pages! 

Upcoming interviews on their way from NFTDownUnder, Surging 

Bulls, Solana Monkey University and BatCity Underground to name 

a couple! 

Enjoy the issue. Retweet the link to all your friends and enemas! (sic) 

Now go read! And remember, there is no COMMNITY without U! 

Pixeltoy 

@GooneyToonsNFT 

SHILL Issue #25 5

https://gooneytoons.studio/comic 

CONTINUED FROM 

ISSUE 25

@Pixeltoy

GenesysGo 

and the 

$SHDW 

https://genesysgo.medium.com/ 

IDO 

This article is meant to act as a comprehensive guide to the who, what, why, 

and how of GenesysGo. 

You will hopefully leave having a better understanding of key concepts such 

as: what we’ve built, what we are building, the Tokenomics of the $SHDW 

token, and the mechanics of our upcoming IDO. 

My name is Frank and I am one of the co-founders of GenesysGo. This 

article will, hopefully, shed light on how GenesysGo went from being two best 

friends building servers to a team of seven developers, multiple community 

managers, and a community of nearly 13,000 in less than a year. 

Let’s start with what is currently the most talked about subject as of the 

time of this writing… the IDO for our native token $SHDW. 

We are pleased to announce that our IDO will be taking place on January 

3rd, 2022 at 2pm UTC. During this sale 30,000,000 tokens (15% of the total 

supply) will be sold in an IDO which re-uses the same IDO program used by 

16 


projects like Aurory and Mango Markets. 

After discussing with both the Aurory and Mango teams, we decided 

to use this IDO program as it has been incredibly battle tested and 

demonstrated itself to be a stable smart contract. 

It was also important to us, as the largest RPC provider on Solana, to 

power our own IDO. We strongly believe that not powering our own 

token drop would be a sign that we don’t have confidence in our own 

network… and if we don’t have confidence in our own network then 

how can we expect you to? 

We’ll return to the IDO and Tokenomics shortly, but let’s take a 

moment to set some important context and give a little history 

around GenesysGo. 

Since April 4th, 2021 GenesysGo has been building and providing 

infrastructure to the Solana community. Our validator, the Shadowy 

Super Coder DAO validator, (https://solanabeach.io/validator/ 

AKoVXpZmi8wSz3sGvCYEygbpdHvSRysWsh36b97iPvKh) came 

online in early April and we very quickly transitioned to building and 

networking RPC servers. 


To put it simply, GenesysGo is the infrastructure provider of RPC and 

Validator services on the Solana network. 

For those who don’t know, RPC servers are the backbone of the Solana 

blockchain. They are the traffic controllers of the Solana validator network 

and literally every single project building on Solana uses them. 

Solana is especially hard on RPC servers because of the sheer throughput 

that Solana is capable of. RPC servers are arguably the hardest working 

piece of hardware on the Solana chain. 

Over the past eight months GenesysGo has been quietly gathering more 

and more user traffic and at this point we, conservatively, power over half 

of all traffic on Solana. 

We built a RPC network that provides unlimited requests per second (any 

RPC provider that has a payment model based only around requests 

per second is showing a fundamental misunderstanding of how server 

resources work), unlimited data, global DNS load balancing for the lowest 

latency, and is backed by a network of 300+ bare metal servers in 9 

different countries across 3 different continents. We also provide access 

to the full ledger history all the way back to Solana’s genesis block. 

Because it’s very important to us to establish that we’re not a new project. 

We have a well-established product and well established brand. We made 

a choice in the beginning (for better or worse) to focus on building rather 

18 


than talking about building and there are far too many projects who 

keep promising “big announcements” already in the ecosystem. 

Steven and I both have backgrounds in b2b sales and we put that 

to use by getting out into the Solana community and grinding until 

“overtime” just became “normal time”. We developed a very deep 

userbase by (as the Solana team loves to say) chewing tons and 

tons of glass. 

So, as you continue reading and learning, that’s good context to 

keep in mind! 

Steven and I are the founders and we ran the project for eight 

months before bringing anyone on board. GenesysGo was Because 

it’s very important to us to establish that we’re not a new project. 

We have a well-established product and well established brand. 

We made a choice in the beginning (for better or worse) to focus 

on building rather than talking about building and there are far too 

many projects who keep promising “big announcements” already 

in the ecosystem. 

Steven has a background in distributed data systems and 

geographic information systems, as well as extensive experience 

building inside Linux terminals. I have a background in education, 

business leadership, and I am self-taught quant trader. Both of our 

careers took detours early on into the world of traditional finance 

where we both spent many years working as financial planners 

and leading business units at large investment firms… which 

really just translates to some financial planning and a lot of sales 

conversations. 

When Steven and I first met we bonded over being the only real 

hardcore computer nerds in a building full of finance people. While 

we enjoy software, our true passion has always been the hardware 

and networking side. 

Ever since Nov 3rd though, we have added several new devs to the 

core team (including the very exciting pick up of one Mr. https:// 

twitter.com/GenesysGo/status/1469533663742341123?s=20) in 

order to ensure that we can maintain the forward momentum as 

we continue to scale in both size and the scope of the platform we 

are building. 

We hold multiple town halls per month on Zoom and are about as 

doxxed as you can get short of inviting people over to check out 

SHILL Is1ue #25 19

our houses. 

All three of these things are linked. Let’s start with the NFT mint… 

The Shadowy Super Coder NFT Mint 

https://genesysgo.medium.com/genesysgo-shadowy-super-codernft-collection-80ba8811d4f2 

— Rather than retype everything, I’ll 

drop the link here for those who haven’t heard of our NFT, its utility, 

and want to learn more. 

TL:DR; We minted 10,000 SSC NFTs at a price of 2.5 SOL on the very 

day that Solana made its all time high and all 10,000 were minted in 

less than 9 hours. We were told it couldn’t be done but this is how 

much the ecosystem values what we do. 

20 


What made the NFT drop even more impressive was the wallet 

distribution. https://gist.github.com/levicook/6d7dcf374ece6cb 

2d585cd32b07a3e0b#file-ssc-holders-csv — This snapshot is as 

of 12/17. Given that our NFT is tied very closely to our seed token 

allocation, this means very good things for the project’s Tokenomics 

as a whole (obviously, no one can guarantee what the price will do 

and, candidly, we are much more focused on building strong utility 

for the token). 

The top 20 wallets hold only 28% of all the NFTs… this was very 

exciting and very important to us as it spreads out the risk curve for 

the token overall. 

As of 12/17/2021 

In fact, the top 120 wallets barely reach 50% ownership of all 

Shadowy Super Coder NFTs. 

How does the Shadowy Super Coder DAO fit in with GenesysGo? 

The SSC DAO has always been meant to be the ultimate custodian 

of the network layer that GenesysGo is building. The SSC NFT mint 

allowed us the chance to accelerate our ability to execute while 

simultaneously bringing together the community that will ultimately 

make up the DAO. It is important to note that the DAO is not a fully 

functional DAO at this time. The network layer we have built is very 

integral to Solana and changes to it must be made very deliberately 

and with careful testing. The DAO serving as the foundational 

community allows members the ability to understand more about 

a layer of the Solana architecture that is fairly complex and not well 

understood. This gives the GenesysGo team the ability to make 

critical, in the moment, decisions regarding architecture and the 

needs of Solana while also allowing DAO members the ability to 

observe and learn. 

As we achieve the full rollout of the various aspects of our project 

(more details below) the DAO will begin taking more of a central role 

in the decision making processes, with a central council being the 

fiduciaries over the caretaking of the network. 

So, what are you building? 

Before we talk about the Shadow Protocol, let’s talk about one more 

thing related to our existing RPC network. 

As you may have read if you read the articles about our NFT mint, 


our promise to the ecosystem was that if all Shadowy Super Coder 

NFTs were minted in the first 24 hours then we would provide the 

Solana ecosystem with full RPC network access at no cost until the 

end of 2021. 

Our NFT was fully minted in less than 9 hours and so, since Nov 3rd 

2021, our RPC network has been available at no cost. 

We believe the “RPC provider” model is very outdated and it is our 

goal to break this model. Between what was generated from our NFT 

mint, continued NFT royalties, and the fees from the Shadowy Super 

Coder DAO validator node we are able to provide RPC access at no 

cost into perpetuity. 

Because of our focus on searching out creative revenue sources 

other providers don’t utilize, we are able to provide a massive 

scalable RPC network without using funds from the upcoming IDO, 

which allows us to focus those funds solely on building the first 

truly Solana optimized decentralized RPC network and the first truly 

Solana optimized decentralized storage layer. 

(continued next issue) 

22 


PROBABLY 

NOTHING 

SOLANA ECOSYSTEM 2022 

@solana_daily 

2021 was a colorful year with the Solana ecosystem. 

Our ecosystem has achieved many 

remarkable milestones in the market. So, 

what’s to come in 2022 in the Solana ecosystem? 


Breakdown 

By Jacob Van 

& Predictions 

What is Solana? 

Solana is an open-source decentralized blockchain built to enable 

scalable, user-friendly apps for the world. 

Solana has been dubbed by some as the “Ethereum Killer” because 

of its lightning-fast speed and low transaction fees. 

The average cost per transaction is around $0.00025 and Solana 

processes around 2,100 transactions per second. 

Solana Stats 

Compare that to ETH, where the average transaction cost fluctuates 

between $2-$5 and has been as high as $70. ETH can only process 

between 15–45 transactions per second. 

How is the Solana network so fast and so cheap? Instead of using 

Proof of Work like Ethereum and Bitcoin, Solana uses the consensus 

mechanism known as Proof of History (PoH). 

According to Solana’s Medium post: 

”PoH creates a historical record that proves that an event has occurred 

at a specific moment in time. Whereas other blockchains require 

validators to talk to one another in order to agree that time has 

passed, each Solana validator maintains its own clock by encoding 

the passage of time in a simple SHA-256, sequential-hashing verifiable 

delay function (VDF).” 

That is quite a bit of technical jargon. Check out the tweet below for 

a short video that explains PoH well. 

Solana Summer 

This speed and the cheap transactions have led to an explosion in 

popularity and adoption of Solana. 

24 


Most of this growth occurred over the summer of 2021, where the 

price of SOL went from around $19 in April all the way up to a high of 

$259 on November 6th. 

This growth was a result of a few factors. 

In July 2020, FTX announced that it would build its DEX, Serum, on 

top of the Solana network. 

This was ground-breaking because it meant the founder of FTX, 

Sam Bankman-Fried, was now a supporter of Solana. It is hard to fail 

when a billionaire crypto superstar is on your side. 

The buy-in from FTX led to Solana Labs striking a deal with some 

of the largest VC firms in the world including a16z and Polychain 

Capital. 

Solana labs completed a $314 Million private token sale with these 

VC firms in June of 2021. 

This vote of confidence from major VC firms and investors led to the 

mass adoption of Solana and an explosion in the SOL ecosystem. 

In March of 2021, the Solana ecosystem looked like this. 

Credit @Solanians_ 


Just a month later we saw quite a change. 

Credit @Solanians_ 

Today, the Solana ecosystem is massive. 

26 


Issues on Solana 

But with widespread adoption and rapid growth typically comes 

growing pains. 


Solana has seen its fair share of issues. The most high-profile 

problem the network has faced is network outages. 

Back in September Solana faced a 17-hour outage that required 

engineers and over 1,000 validators to work together to bring the 

network back online. 

This led to many critics complaining that Solana has prioritized 

speed and scalability over security. 

Some even went as far as saying Solana was a scam after the network 

faced another issue and was hit with a denial-of-service attack that 

slowed the network significantly but did not bring it offline. 

Another common complaint about Solana is the lack of 

decentralization. 

According to Solana Beach, there are currently 1,337 validators 

securing the network. 

Ethereum currently has 2,600 nodes running on the network, about 

double that of Solana. 

Decentralization and security are always a top priority for layer 1 

networks, but Solana especially needs to ensure they balance these 

priorities evenly with speed and scalability. 

Solana’s Future 

Solana has undoubtedly built a thriving ecosystem of DeFi, NFT, and 

gaming projects that have become a staple in the crypto space. 

Despite the concerns of security and decentralization, SOL has seen 

a 11743.4% gain in the past year. 

While it is down 32% from its all-time high price of $259, SOL still has 

the potential to grow. 

In terms of market cap, SOL is not far off from another layer 1 

network that has faced similar complaints regarding centralization 

and security issues, the Binance Smart Chain (BNB). 

If SOL was able to capture the market cap of BNB, we would see a 

price of $288. That is more than reasonable given current market 

conditions. 

28 


For Solana to catch up to the likes of Ethereum in terms of market 

cap, we would have to see even greater adoption take place for 

Solana. 

Multiple moon shot projects in the ecosystem, like Star Atlas, would 

need to exceed expectations in order for SOL to catch up to ETH. 

If Solana could become the go-to chain for crypto gaming and/or 

the metaverse, Solana could potentially “kill” Ethereum and flip its 

market cap. 

Otherwise, SOL will probably continue to be in the top 2–3 spots for 

layer one networks. 

https://www.youtube.com/watch?time_ 

continue=4&v=vcKtLDsF9WI&feature=emb_logo 


AUDIUS PLAYLISTS 

Send your playlist to: 

pixeltoy.sol@gmail.com 

to be included in the next issue. LIVE LINKS - CLICK IMAGE 

30 


SHILL the MINT 

@ArizzaTribe 


SHILL th 

@XeonSol 

32 


e MINT 


Astral Baby Apes 

34 



Surging Bulls 


CarrotandBogie


CutFlowerz

@b2kdaman


deepflow

40 


SOLANALYSIS 7D volume 

42 


WALLETS / Sol OVERVIEW 

The Astronaut @thexastronaut 


MOVERS UNDER & OVER 2Sol 

SolsWatch 

44 


Did you see it? 

DelugeXI 


eros_art_proj 

46 



@eltoponyc 


faces.holaplex 

48 



@hakuxbt 


heresycake 

50 



kmo 


lowbrownative 

52 



noa 


Omnisol


Kometaplus

jookerl3


NinjaLua

a l p h a m i n t s

mindfolkART

Decoded

Decoded

Calico

Dato

GriffinDart

Stompart

Ch1LL

Stompart

SleezyBees 

DEEP DIVE 

@sleezybees 

We did a deep dive on 1/1 NFT artist @itsMcNatt. He was gracious 

enough to let us share the parabolic growth he's experienced over 

the last few months #SolanaCommunity. 

68 


The story of Mcnatt is the story of Solana 1/1s 1st NFT sold = 

.5 SOL ($90) Undeterred, the artist kept generating buzz around 

a world of intriguing characters. As word got around, so did the 

demand. Today, “The King” Sold for 69 SOL ($11,661) How can we 

learn from this? 

McNatt has been an outspoken and active community member 

since the beginning of his career. This helped collectors understand 

the man behind the canvas that led to increased awareness of his 

pieces. Look at just how active McNatt has been in the space. 


It’s no surprise that as more people heard his story, the more collectors 

would swarm the auctions. Leading up to the last of the series, 

“The King” we can identify the demand created for his more affordable 

pieces. A trend we have been noticing in the space. 

Auctions are a great way for an artist to reach price discovery and 

truly access their NFT’s worth. It’s important for artists to not sell 

themselves short. Auctions are perfect for gauging the demand for 

your art! After building a community of collectors, celebrate! 

What has been most fascinating for the team is the rate of growth 

for NFT artists across #solana. This goes to show that investing in 

an NFT artist early can truly pay off! The Secondary market for 1/1 

NFTs can be found on http://Exchange.art 

70 



@glitchstroke

SHILL Issue 26

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