SHILL Issue 32

#SHILL 

SOLANA NFT/DEFI/TWITTER COMMUNITY 

ISSUE #32 

0.025 ◎ 

VALE sonusvibes 

a small tribute to a pioneer 

of solana nft media 

RICH Water 

shill zine sits with 

project lead for a deep dive 

cubist colective 

portfolio management that 

pays rewards 

nft value over time 

zbanks takes us through the 

motions

64jooski 

THIS 

In 

ISSUE 

32

4 

In 

9 

FROM 

10 

MEMORY 

Remembering Sonusvibes as a 

pioneer in the NFT space. 

THE EDITOR 

Shraddha looks closer at 

this weeks Tyson tweet 

RICH WATER 

Interview with team 

lead about this 

innovative project. 

19 hoping 

20 evolving. Now or never? 

PROBABLY NOTHING 

Dropping, holding and 

CHEST - TREASURE ISLAND 

CHEST finance is 

29 

30 

32 

52 

54 

58 

UP & COMING 

Where have these artists 

been hiding? 

ALPHA Mints 

The one-of-one mints you 

wish you had ALPHA about! 

SHILL the MINT 

What has been popping 

these last few days? 

CUBIST COLLECTIVE 

Coming soon. Portfolio 

management that pays 

rewards. 

NFT VALUE OVER TIME 

ZBanks runs a theory about 

NFT valuations over time. 

MARKET UPDATES 

When the market looks 

grim FuturistMY helps you 

understand.

IN MEMORY

SONUS VIBES 

https://vimeo.com/manage/videos/668124217

https://vimeo.com/manage/videos/668128001 






the 

from 

EDITOR 

It is with heavy heart that I put this issue together. The news of 

@Sonusvibes hit Shill zine hard. Hence, I have decided to dedicate the 

first few pages to this trailblazer and his partner @DrThoughCrimes, 

my condolences to you and your family- the Solana NFT space is 

thinking of you in this difficult time. 

Issue 31 winners. 

DM for prizes. 

SHILL Issue #32 9

Many NFT projects promise the world and fail to deliver. Others promise very 

little and disappear just as quick as they entered the scene. What if there 

was a project that was not only delivering but also had a long-term plan. I 

mean a roadmap laid out that spans beyond their launch, way beyond their 

launch. The best part…well I’ll leave that to the team behind RichwaterNFT 

to explain. 

Great to have you here with #Shill zine. Let’s start with a little info about 

who RichwaterNFT is. 

Thanks for taking the time to reach out. RichWaterNFT a unique project with 

twin collections, a 3D series of beautiful bottles with a capped amount of 5k 

and a perpetual curated art collection supported by the bottles. We’re also 

trying to help the planet and integrate creators from all walks of life into 

the incredible hub of technical and creative development that is the Solana 

ecosystem. 

Your website is quite comprehensive when it comes to explaining what a 

project is all about. How did the idea for RichwaterNFT evolve and become 

what it is today? 

Rich Water was one of those moments in life where there was no questioning 

the idea, just a mission to get some sort of control of the of the wave of 

inspiration flowing through my head. 

10 

SHILL Issue #32

One night a close friend asked me for a Richwater- That was a crew term 

for carbonated H20. That name, “Rich Water” it struck a chord... It reminded 

me of my first reaction to seeing plastic bottles with water being sold in 

them. In my then-young mind, this was the peak of capitalism. Who would 

ever buy water when we have it everywhere… and the plastic waste was a 

real concern for me. 

Fast forward and I’m now developing a NFT project that challenges what 

the disposable plastic industry is about. I do see use cases for bottled 

water, in environments such as emergency services operations, places 

with no sanitation/ clean water etc… but the bottom line is humans hold 

little responsibility for their trash, notably in industry and under-developed/ 

highly populated areas. 

So Rich Water can help with the awareness of the damage humans 

continue to do, and also contribute through many avenues including our 


25% cut of everything we sell aimed 

to help control plastic pollution and 

oceanic research. 

I love that Rich Water can focus 

efforts for a greater cause. 

There are two distinct collections 

under the RichwaterNFT project. 

Can you explain what they are, how 

they differ and why two projects? 

RichWaterNFT is a project 

encompassing sister collections, 

currently on exchange.art. Rich 

Water (the bottles) and Rich Things 

(the curated art). The bottles are beautiful 3D creations which refract 

light and are filled with traits. Many bottles are also derived from the art 

featured in Rich Things. 

The curated art is from contributors who are either new to the NFT scene 

or are established in some form or another. So, I have the opportunity to 

create my impression of the contributors’ art in a Rich Water bottle and 

also mint it as a stand-alone piece in the Rich Things collection. 

The collections go hand in hand, one compliments the other and there 

are bonuses for owning something from both collections and even better, 

matching a set. 

Financially it works so after the 25% for the oceans is allocated (+ exchange 

fees), we allocate the rest of the Rich Things sale to the contributor. Rich 

Water doesn’t make any SOL from a contributor’s mint and we pay the 

fees to get them on the blockchain. 

The RichwaterNFT project itself is perhaps the most ambitious I have 

come across in the space. A 3-year roadmap clearly broken into quarterly 

goals. When you initially sat and planned this out were you thinking about 

where the Solana ecosystem may be heading or was it as simple as – we 

need to get this done to make an impact? 

Thanks! It is ambitious, the original 3 year rollout for the mint was a 

challenge I set for myself late during the wave of 10k PFP projects that 

flooded the market last year. 

It didn’t take long for Rich Water’s concept to mature internally so I’ve 

had limited but valuable time to properly envision our true potential, The 

beauty of this ecosystem is that we have the chance to learn every day and 

12 


evolve as it does. Knowing that, I’ve dialled it back a bit to a 24 month rollout 

and 5k bottles + Rich Things curated art collection which will be perpetual. 

My considerations for the ecosystem are at the forefront of this project. 

This is an opportunity to creatively document the growth of Solana’s NFT 

space and be an integral component in it’s development. We want to make 

an impact (especially with our efforts to helping the planet), and we plan to 

continue spreading the incredible energy and opportunities that web3 now 

has on tap. This is an amazing time to be involved, and we’re early for this 

phase of development, the future is going to be nuts. 

Essentially RichwaterNFT is only 3 weeks young. How has the project been 

received by the broader community? 

It’s been incredible and the public response to Rich Water and our ethos 

has been awesome. I love hearing other’s impressions of the project, albeit 


the comments don’t often come back in ways you’d expect, it’s refreshing, 

complimentary and overall humbling. 

We’ve partnered with some amazing entities such as Neo Nexus and Unlock 

Defi, Data Abstract, The Underground Royals Society, Deepthought DJs, Jambo 

Mambo and many others + some deep in talks. The Degenerate Ape Academy 

have been fam from my beginning in Solana so I’ll always give them whatever 

I can and Thugbirdz have been strong early supporters. 

With the art I currently buy I’m generally into the community and now we have 

a growing trend of rugged projects with new people who are doing amazing 

things, they’re awesome crew to vibe with. Solana really is a super supportive 

ecosystem, most of us just want each other to flourish and grow together. The 

biggest problem I probably hear is people take too long deciding on which 

bottle or piece of art they want to buy, they get lost in them.. not a bad problem 

to have. 

I know for a fact that there are many artists out there that are willing and 

eager to be a part of your project. Is this something you were expecting? How 

are you using the designs/art they create for RichwaterNFT? 

Fortunately this was a major part of the inspiration behind my project. It’s 

designed to bring together the creativity of the beautiful souls around us, so 

the fact people are keen to is fantastic news. The foundations are being built 

and as history shows, early adopters are rewarded. 

The designs themselves are all individual. Every piece of art I use is carefully 

considered when creating a bottle. We ask the artist to give a story on their 

piece, something to vibe with as it the bottle encapsulates the essence and 

feeling of what the artist invokes. It’s a personal experience I have with their art 

and I hope the contributors feel that. 

If there are readers that would like to participate in supporting your project 

as a holder or an artist what are some ways they can reach out and find more 

information? 

The easiest way is to use Linktree and follow your preferred avenue. I’m most 

active on Twitter and slowly building the discord. http://linktr.ee/richwaternft 

You can also find me active with The Solana Library (Twitter @SolanaLibrary) 

which is a new project designed to help safer onboarding to the Solana 

ecosystem through a trusted dynamic NFT. I’m a co-founder and will use 

RichWaterNFT’s resources to aid it as much as possible. 

I have to say that I am impressed with the moral backbone of this project that 

is the driving force behind the concept. What impact is each holder/investor 

making each time your NFTs are purchased? 

14 


We have a blanket rule that 25% from all sales and royalties go directly into our 

charity wallet for helping the oceans directed at plastic pollution and oceanic 

research. Every 26th of December ASET (Christmas for the rest of the world) 

those funds will be released with 90% allocated to the oceans and 10% to Rich 

Water Club (RWC) members as a gift to say thanks for supporting our cause. 

RWC members will be able to influence the distribution of the funds as it will 

incorporate investors and creators alike. 

This leads to an important point. The Rich Water Club will evolve to become 

our DAO and most importantly, will influence how the planet benefits from us. 

There are only 3 ways to get into the RWC. You’ll need to hold some Rich Water 

AND Rich Things in the same wallet, be a contributor or by personal invitation. 

This will allow people who’ve invested their time, art or Solana to give our 

oceans the best chance. There will be more with the club as we grow but those 

are some incentives I can reveal right now. 

#Shill zine really hopes that your project becomes one of the biggest success 

stories in the Solana space as your project progresses and achieves the 

milestones you have set. I look forward to supporting the project with a 

couple for the #Shill wallet! 

I really appreciate you for saying that. We have so much going on and the art 

flowing in is helping energise me even more to allow Rich Water to see its 

potential. A potential I believe is limitless due to the nature of the ecosystem, 

the people involved, what the planet needs and what we are doing. 

Thanks so much for your time. 

First 100 live now at exchange.art They are my special bottles, ones I’d 

recommend keeping in your wallet for the long term. 

Next 100 drops end of Janurary, they will be a regular mint. 


HoodyMoods

BooHeadz

dcodednft

PROBABLY 

@joemccann 42.9K Followers 

NOTHING 

Risk taking is the purest form of virtue. 

Entrepreneur. Angel Investor. Margin Trader. 

NFT collector. @monkedao & @ftx_official 

from Day 1. 

“Crypto is such a 

volatile asset” 

Netflix after hours 


Introducing 

Island Treasure 

$CHEST evolves into Treasure Islands: home to $CHEST, DEX, 

Yield-generating structured product chests, liquidity farms, and a 

new Solana game around rare NFTs, land, ships and conquering the 

DeFi Sea. 

Treasure Islands will be the new home for Chest Finance and 

$CHEST. 

Treasure Islands is not only a game, but an entire DeFi ecosystem, 

from yield-generating structured product chests, to DEXs, to liquidity 

farms, to governance councils, all centered around utility and 

gameplay-driven NFTs and $CHEST. 

Treasure Islands float across the DeFi Sea. Players will be able to 

stake and earn in structured product chests, swap and trade on a 

DEX with the coin master, provide liquidity in farms, and vote on 

protocol-wide policies that will govern the DeFi Sea through the 

DeFi Sea Council (DSC), a cooperative of pirates and governors 

powered by $CHEST and rare pirate NFTs. 

20 


Once players are sufficiently comfortable with their home islands, 

they will be able to construct or buy ships to sail the DeFi Sea on 

the search of new islands and treasures that they can claim as new 

real estate. But doing so is not risk free, they may encounter other 

pirates and engage into sea battles or find hostile enemies on new 

discovered lands. Moreover, not all new land is formed equally. 

Some may promise abundant riches, while other may be barren 

sand dunes. 

At the heart of Treasure Island are Pirate NFTs. These Pirate characters 

will become your go-to companions on your mission to 

conquer the DeFi Seas. They each have their own traits, strengths, 

and weaknesses, allowing them to accomplish certain tasks better 



than others. Some may be stronger on land battles, some may be 

more tactical ship captains, and others may be better at uncovering 

treasures from caves. No two Pirates are built the same. 

Utility 

As described in the $CHEST tokenomics here, Gen. 0 Pirate NFTs 

will also include exclusive access to: 

1) 12% Staked $CHEST tokens, and 

2) up to 120% voting boost at the DeFi Sea Council (DSC) 

3) Ability to evolve their Gen. 0 Pirates into Gen. 1 Pirates in the future 

10,000 Gen. 0 Pirate NFTs will be available for mint based on the 

following schedule: 

Jan. 24th: Limited white-list pre-sale for 1500 people (details in 

Discord here) 

Jan. 31st: Final public sale 

Be on the lookout for our Pirate NFF comprehensive gameplay 

guide article being released soon 

Phase I — Community (in progress) 

Before we set sail to Treasure Island, we will focus on expanding 

the community, documentation, and excitement around the project. 

This includes curating Discord, giveaways, detailed documentation, 

and website upgrades. 

Phase II — Pirate NFTs and $CHEST (in progress) 

Pirate NFTs and $CHEST play a pivotal role in the development of 

Treasure Island. Funds generated from the NFT sales and IDO will 

go towards providing liquidity to the Treasure Island metaworld, 

seeding development efforts, and establishing the DeFi Sea Council 

(DSC). 

The NFT mint will occur as a whitelist pre-mint on Jan. 24th, and a 

public mint on Jan. 31st. 

The $CHEST IDO will occur in the week of Feb 1st. (More details to 

be announced) 

Phase III — Treasure Island Core Components 

Release of the main Treasure Island map, with a functional interface 

for yield-generating chests, NFT Marketplace, DEX integration, 

LP staking, and yield farming. 

22 


Phase IV — Pirate Quests 

Pirate NFTs will be usable for various in-game functionalities and 

quests, including but not limited to, earning additional yield, accumulating 

stats, battles/ raids(phase VI). 

Phase V — Sea Exploration, Ships, and Land conquering 

Users will be able to set sail across the treacherous DeFi Sea on 

the lookout for rare treasure-bearing land, which they can either loot 

for treasures, or settle down and develop as real estate. The Real 

Estate agency will also open for users to buy, sell and trade islands. 

The Shipyard will also open, where they can buy, sell, upgrade, and 

trade their ships. Each ship will also have its own stats and allow 

players to accomplish unique quests. 

Phase VI — PVE 

Users will need to fight off other pirates, protect their home islands, 

build shelter, repair their ships, and more. Users will be able to 

investigate dangerous caves, or explore dangerous lands, and fight 

off hostile enemies. 

Phase VII — PVP and Confederations 

Users will be able engage into battles with other players, for the 

chance to earn additional loot and yield. Groups of people will also 

be able to form confederations to pool their resources together and 

become stronger in the metaworld. 

We see a future where DeFi, GameFi and NFTs merge into one. 

Treasure Island’s vision is to become an all-encompassing universe 

where players will be able to earn directly from a game, and experience 

the magic of Solana, web3, and DeFi innovations. For too long 

traditional finance has locked users out of their own liquidity, and 

traditional games have locked player-created value within their own 

ecosystems, preventing players to extract the very value that they 

created. Treasure Island, blockchain, and DeFi will change this paradigm. 

Not only will you be able to freely interact with your liquidity, 

but through GameFi mechanics, will more importantly be able to 

extract the value you created and share in the prosperity of the DeFi 

Sea. 


YOUR NFT IRL 

NFTgfx 

@NFTgfx

SOLANALYSIS 7D volume 

26 


WALLETS / TVL POOLS 

The Astronaut @thexastronaut 

SHILL Is1ue #32 27

MOVERS OVER 2Sol / TOP NFT 

SolsWatch 

28 


UP & COMING 

Ghost_Fried

ALPHA

superjimmer

BiggieDsArt

SHILL THE MINT 

horror.holaplex.com

homegirlcaro


CelebCyborgs

DegenApeSociety


SolanaChimpGang

MPHAYC


SolanaAstronaut

CKSCNFT

MINTAlpha_Gorillas 

SHILL THE MINT

Rich Water/Rich Things

Rich Water/Rich Things

BlueCitrus_Art


culturehacker

CelebCyborgs


holasilkroad

holasilkroad


ARXOLOTL

ALPHA

superjimmer

ubist Collective 

The Product 

Cubist Collective is a community-driven portfolio management 

protocol built on the Solana blockchain. The protocol facilitates the 

crowdsourcing of data and alpha in order to keep holders appraised 

of noteworthy developments in their holdings, as well as new 

NFTs worth minting. It also includes a suite of custom-built tools 

to easily manage your portfolio, all integrated into one clean and 

user-friendly dashboard. 

Contributor Rewards 

Each week, the $CUBIST Rewards Pool is funded using a percentage 

of the mint and proceeds, plus the protocol's native $CUBIST 

token. Cubist members react to important posts on Discord and 

contributors earn their share of the $Cubist for that week. The 

Cubist Collective protocol will keep this community incentive fund 

seeded with at least 5000 UDSC per week. 

By leveraging the Cubist Collective protocol, members will be able 

to manage their wallets efficiently and save time. 

• Automatically highlight top community insights from individual project 

experts. 

• Crowdsourced market sentiment and community predictions. 

• Upcoming events for your portfolio (airdrops, snapshots, token drops, 

delisting rewards, etc). 

• Simple and clean portfolio overview. 

• Standard metrics such as floor price, rarity, and intraday volume all in one 

place. 

52 



@zBanksSOL 

NFT 

VALUE 

TIME 

Here is a framework for how I think about #SolanaNFT value over 

time. 

Phase 1: Launch Hype. Bots and flippers sell to realize their profit/ 

limit their losses and release liquidity. Peak FOMO as people who 

have missed out on the mint are trying to get in. 

Phase 2: Slowdown FOMO and hype subside. This can be the day 

after mint, or much later. The floor often dips, which fuels some 

54 


FUD from those who are only in to make money, causing prices to 

fall further. Many projects go under mint price here, so there can be 

good snipes. 

Phase 3: Long term the selling pressure decreases as those not 

trusting the project have already sold, buyers also drop as those 

most interested have already bought in. Value is mostly driven by 

utility (or lack thereof) 

The size of the arrows is intended to scale with the size of the "force" 

applied by the different sides. The large arrows after launch indicate 

both lots of selling and buying, resulting in a high volume. 

If we vary the size of the arrows, we can simulate different scenarios. 

Like projects that manage to move directly from hype to utility or 

have many long-term believers. A "perfect project" like @GenesysGo, 

@_portals_. 

Projects that are entirely hype-driven can do well just after mint, but 

often die off soon, never to come back (especially in the current 

market) as there is no utility motivating long-term holding. 


Projects relying on utility but that have not managed to build the hype 

(including real stealth launches) do not have a peak after launch. 

They tend to end up below mint. Long term success is possible, 

depending on delivered value. 

56 


Entirely failed projects: Usually, an intended hype project that never 

got off the ground. Very few people are looking to get into these on 

secondary and almost all holders want to sell. 

CryptZeroArt 


IMPORTANT MARKET UPDATES 

YOU NEED TO BE AWARE OF 

@FuturistsMY 

The huge wick down for BTC and ETH in the 4 

hour charts suggests whale manipulation is at 

play. They are buying the rumour and selling 

the news. This is to destroy weaker hands, 

allowing whales to accumulate more at the 

bottom. The reasons for selling are as follows: 

Russia is banning cryptocurrencies. To them, it 

is a speculative asset which carries characteristics 

of a pyramid scheme. They are warning 

of potential bubbles in the market, threatening 

the financial stability. Well, isn’t fiat money a 

ponzi too? 

Russian c.bank proposes banning cryptocurrencies, 

crypto mining 

The SEC is coming for crypto exchanges. 

https://google.com/amp/s/www.pymnts.com/ 

cryptocurrency/2022/gensler-sec-is-coming-crypto-exchanges/amp/… 

This comes after 

the http://crypto.com hack which siphoned 

$30 million from investors. Fear from regulatory 

scrutiny triggered investors to move crypto 

out off exchanges or sell some of their holdings. 

58 


The drainage of BTC from exchanges is obvious 

when you look at the charts. It has been 

steadily decreasing since the start of 2021. 

Low balances in exchanges means low liquidity. 

It takes much less effort to move prices up 

or down. 

Leveraged trading. This is the biggest reason 

to why crypto markets are so volatile. A simple 

dump from whales trigger stop-losses/liquidations 

from traders, cascading the entire event 

and causing a flash crash. Seriously guys, 

don’t play futures if you’re not experienced. 


SolGangsters


Fine Filly

RVDY_HRTN


SjadyLadyNFT

keezerfeld

SHILL Issue 32

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