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SHILL Issue 77

Solana ecosystem magazine.

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The underlying vision and intent is to build an<br />

ecosystem of projects that address broader web3<br />

infrastructure, entertainment and IRL utility through<br />

internal development, partnerships and incubation.<br />

@blackmagic_gg is the LaunchPad for the native eco.<br />

Projects will be funded and resourced by<br />

@immortalincweb3. Projects will denominate in<br />

$HEM. Velocity of $HEM supply constant, demand for<br />

$HEM increases through consumption of incubated<br />

products and services.<br />

@SoDeadNFT are aggressively building a pipeline<br />

of partner brands and propositions. These are cross<br />

chain, not limited to SOL. Upcoming example in<br />

gambling domain. Services denominated in $HEM.<br />

@immortalincweb3 is building a foundation layer on<br />

top of L1s comprising infrastructure and economy,<br />

allowing builders to bootstrap their development and<br />

GTM. This is inspired by Ethereum’s enablement of its<br />

DeFi eco and the Layer stacks on top.<br />

At a point in the roadmap, @immortalincweb3 will also<br />

invest in a L0 protocol to drive portability of its L2 stack<br />

to enable cross chain propagation of the infrastructure,<br />

servicing and economic activity.<br />

There will be continual demand for $HEM given it<br />

is the denominating asset for transacting on the L2.<br />

The bigger the native eco, the bigger the cross chain<br />

distribution, the bigger the demand for $HEM.<br />

HEMX is a token gated DEX for trading $HEM for<br />

$USDC. Only SD Holders can access. This is the only<br />

mechanism for converting $HEM that is generated<br />

at wholesale prices through staking and hunting into<br />

USDC at the retail rate based on secondary demand.<br />

The bigger the gap between wholesale price and retail<br />

price, the greater the demand for SD assets which<br />

enable generation of wholesale $HEM and access to<br />

HEMX. Projects, marketers and consumers transacting<br />

at high values may prefer staking to secondary buys.<br />

Transacting in $HEM is further incentivized through<br />

gameified mechanics such as airdrops to wallets that<br />

transact in $HEM on any given day and within any<br />

given month. Non-trivial payoffs.<br />

@arsenaharonyan comes from the gaming world. It<br />

shows in his tokenomic and incentive design. There<br />

will be a significant focus in driving $HEM as the<br />

denominating crosschain asset for GameFi broadly.<br />

TLDR:<br />

@SoDeadNFT are the value accrual layer for the eco,<br />

$HEM has the potential to be a broadly distributed<br />

asset for transactions across a range of industries,<br />

@ArsensNation represents and shares in @<br />

arsenaharonyan’s personal revenue streams.<br />

All this fits together to create a significant flywheel.<br />

The BIG IF, is in the execution. This is an extremely big<br />

vision. There is inherent risk and uncertainty. If it lands,<br />

the relationship between supply and demand and the<br />

impact on FP and $HEM retail price is v big.<br />

Ty for listening to my TED talk. Hear it from<br />

Arsen himself here: https://twitter.com/i/<br />

spaces/1DXxyvkDzDYKM?s=20… Or wait for the<br />

Whitepaper to drop later today. It will be better than<br />

my humble attempt at explaining the jigsaw.<br />

<strong>SHILL</strong> <strong>Issue</strong> #<strong>77</strong><br />

169

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