SHILL Issue 99

SOLANA NFT/DEFI/TWITTER ECOSYSTEM 

cyberpunks 

ADAM WESTERÉN 

under 

the 

umbrella 

solcityradio 

monet 

bojmat 

body of work 

blockframez 

ISSUE #99 

◎0.25 

dogecapital 

TheBreakdownRep 

The Fox Club 

IamCazper 

why solana 

0xMert_ 

& MUCH more

4 5 

12 

19 

20 

24 

58 

FROM THE EDITOR 

Under the Umbrella 

CyberPunks 

19 Leaving Solana 

20 The FOX Club 

Editions 

58 The Fox Club 

ISSUE 

99

60 DogeCapital 

64 

SOL working 

90 Art After Dark 

Sam Vosoughi 

133 

NFT Value 

139 

MONET 

143 Body of Work 

BlockFramez 

148 Sentientshapes 

destroyxstairs

Issue 99 

What's the new 'meta' for March? It would seem that OPEN EDITIONS is all the rage? Curious to know what 

the broader community think of this. Alternatively, you have initiatives like DamZine trying something new and 

the public has been rallying behind their efforts. The last DamPFP event sold out 117 pfp nft's made by artists 

supporting the Damzine project. Huge congrats to the Damzine team! They put in many, many hours to help 

promote the Solana community. 

SolcityRadio also has a current drive under the theme of 'umbrella'. Auctions run throughout the week 

promoting artists and the Solana NFT space. The SolcityRadio team run weekly talk shows as well. Their 

commitment is commendable and well worth the follow. 

#SHILLzine picked up 3 pieces this week from laurence_antony aRTcons9 and deojahnu. 

I have been watching OzGeth for some time now, and their art has been growing on me. This week's cover just 

looked great. Add to this, the back cover and you have an entry point to OzGeth's work. 

Your support via retweets helps #SHILLzine reach a broader audience. Every retweet is greatly appreciated. It 

has helped this magazine achieve 640,272 views across 98 issues (previous week = 638,053). 

#SHILLzine still has pieces listed for auction. Every little purchase helps make this magazine worthwhile. 

Listed on both FF and Exchg. UNDER THE PRICE OF A COFFEE! Proceeds go to helping this magazine grow and 

become better. All the World's a Stage is live now https://exchange.art/pixeltoy/ and Do You See Me? https:// 

formfunction.xyz/@Pixeltoy.sol/ The DAMzine Files HERE DAMfiles by #SHILLzine HERE Chemical HERE and 

Among Us HERE and now on @0xBanana MARKET . 

#SHILLzine is INDEPENDENT. @Pixeltoy puts it together. The content used is IMPARTIAL. #SHILLzine neither 

AGREES nor DISAGREES. Articles are presented in these pages as a reflection of the sentiment of the time. 

Sometimes controversial. Sometimes exciting. It is presented in these pages so that YOU make your own mind 

up. 

Pixeltoy

SolCity Radio is the hub for all those who create and appreciate art, 

providing entertainment and educational content while actively 

uniting communities under one umbrella.

Dr. Revel 

Join Jairo as he sits down for the deep dive with 

Dr. Revel an internationally exhibited artist & Co- 

Founder of NFT Club Berlin. 

Is the NFT Art market oversaturated ? 

With the current state of the SOL art market we 

broke down the bear & what artists & collectors 

can do to push through!

TRANSITORY MASK 

Digital artist and comic creator, 

Transitory Mask is bringing his unique 

flavor to the Solana 1/1 ecosystem with 

signature compositions.

@Always_Oblak 

4675 followers 

Most things come to an end because 

there isn't enough interest in it. 

NFTs are no different; so how do 

you keep people interested? 

@Ryd3rSol 

7227followers 

Growing up is realizing 

that blockchain technology 

is the basis for growth

EYES ON 

ANON 

CyberPunks 

Secret Sphinx Society

A Community-Driven NFT Collection with a Vision for the 

Future 

ADAM WESTERÉN 

Take deep dive into the Web3 journey of CYBERPUNKS, as we uncover the not so easy start to what is now a 

thriving and ultra cool NFT community. We connected with the co-founder @_Mbya to get the raw, unfiltered 

story of how it all got started. Check it out! 

Can you tell us a little bit about yourself and your background leading up to your role as 

founder of CYBERPUNKS? 

Sure thing, for reference this is @_Mbya responding. I only clarify that since we have two owners with 

@Scott_Hare being the other. I have been a Web3 enthusiast for a few years now but I had not had 

the chance to actually enter the space due to a lack of funds to repeatedly pay gas fee’s on Ethereum. 

My first “on-chain” experience was when my wife and I founded Jumu DAO, who’s main goal is to help 

bring Web3/Innovative tech education to marginalized and underrepresented communities. We are still 

in the process of building this out to its full potential, but we have a handful of very well-connected 

members that are helping tremendously. 

Before any of my Web3 experience, I worked primarily in Quality Control & Regulatory Affairs for wellknown 

personal care companies. 

12 SHILL Issue #99

What inspired you to create CYBER- 

PUNKS and what sets it apart from other 

similar projects? 

I think since we didn’t create Cyber Punks, I 

should steer this question into “What inspired 

you to “derug” Cyber Punks and what sets it 

apart from other similar projects?”. To that, I’ll 

answer that our community is 90% what inspired 

me. I leave 10% open just because our artist @ 

dayoffrocks is extremely talented and the art for 

the collection deserves credit as well! 

Both Firephly and I minted Cyber Punks during 

OG & Public phase and were part of the initial 

hype the collection received. The project was initially 

supposed to be an “NFT Marketing Agency” 

that would provide a % of any revenue made from 

referrals. 

This sounded good in theory, and we had quite 

a lot of members who joined primarily for this. I 

offered to work free of charge as a Community 

Manager because I really saw the potential we 

had and wanted to make sure the community was 

heard so the project could succeed. 

We had very minimal communication with the old 

owners, even through DM’s where I tried to get 

some more info from them to relay to the community. 

Unfortunately, they refused to provide any 

budget for community engagement which led to 

an extremely upset community. 

An announcement came from them showing an 

image of what looked like the front “cover” page 

of a deck to explain the marketing agency, and 

that’s it. They went MIA for several weeks and 

were not providing any updates at all. 

At that point, Firephly DM’ed the old owners 

and proposed a plan to transfer ownership since 

we saw that they were clearly slow rugging after 

having made 15K $USD+ on the mint revenue. 

They agreed and I will explain the process below 

for the next question. 

Can you walk us through the process of 

transitioning from previous ownership to 

your leadership at CYBERPUNKS? 

The process was a nightmare that took much 

longer than it should have. The agreements we had 

proposed were as follows; ownership of royalty

wallet, ownership of Discord server, ownership of 

Twitter account and any/all log-ins that pertained to 

the project. 

However, they were not open to giving us access 

to Twitter since they were scared that it would 

show their IP and reveal where they were. Over the 

course of several weeks we finally got ownership of 

the royalty wallet and the Discord server. 

We created a new Twitter account and started to 

build our following from scratch. The old account 

had about 2,500 followers and we have nearly double 

that already. 

What are your goals for the future of CYBER- 

PUNKS and how do you plan on achieving 

them? 

One of our main goals when we took over was to 

provide some utility and value to our members. 

Here’s a list of everything we’ve added since taking 

over: 

• Fee-Free Staking (Earn $PNKS) 

• Utility Ape Engage-to-Earn (R2E) 

• NEXI Labs Tools 

• Questing via Time Pixies (Earn additional $PNKS) 

• Raffles for $PNKS via Diamond Vaults (Primates 

raffle live right now) 

• Weekly $PNKS & $BONK claims via Crew3 

Our goal now is to finish our next collection 

Cyber Nodes. Cyber Nodes is 

a gamified mint that we’re building at 

full speed to act as an additional utility 

that benefits those who are staking 

Cyber Punks the most. 

This mint will happen every two weeks since part of 

the game is a mechanic that includes “Burn Rounds” 

where the collection is halved at random every 24 

hours for twelve rounds. There are two main winners 

at the end of the game who win 20% and 25% (of the 

revenue we generate through royalties from secondary 

sales) respectively. 

To make it fair for everyone we made it so each time 

a Cyber Node is burned that person will get $PNKS 

as a reward. The amount of $PNKS they get depends 

on the rarity of the “Color” attribute. There is a player 

dashboard that you’ll be able to access where you can 

see your Cyber Nodes, which ones got burned, what 

rewards you received and a few other cool features! 

We have an amazing company @Kollectiff working on 

the technical development for the project and we are 

just about wrapped up building the wireframes for the 

developer to start working on the website(s). They 

have already started working on the coding for the 

smart contract(s) that we’ll be using. 

The art for the collection(s) is fully done and we 

worked with the original artist of Cyber Punks, after 

we reconnected with them since we wanted to give 

them credit for the art. We also worked with an animation 

studio to animate a cool picture our artist made 

for the landing page of the player dashboard. 

We aim to be fully done with this in about 2 months’ 

time but we have not released any mint dates yet. We 

held a community call a week ago where we showed 

our holders the wireframes for the player dashboard 

via Discord screen share and the reception was very 

good. Everyone is excited and ready while they stake 

to save up $PNKS. 


Can you share with us some of the changes and improvements that you have made or plan 

to make in regard to community engagement and transparency? 

This was the absolute priority for me, as I fully believe that transparency trumps any other value you 

can bring to your community. After taking over we started being fully transparent about everything happening 

and the plans about moving forward. 

This was especially important as the original plan for the “NFT Marketing Agency” was no longer feasible 

and we had to shift to a new direction. 

We started taking community votes for major decisions regarding the projects and we built from there. 

We also instantly created a DAO vault through Realms, where we can hold funds, NFT(s) and other 

assets that the community could easily track and would require multiple signatures to move around. 

We also grew our Twitter and host giveaways via our account as well as posting daily to remain active/ 

relevant within the space. We host raffles for our community to use their $PNKS tokens in a cool way 

and we also do a multitude of Discord games. 

We brought in Utility Ape for our community to feel more engaged on Discord and get rewarded for it. 

I’m on Discord every day and I truly make it my goal to provide transparency and keep my community 

engaged. 

I have over 22,000 messages sent in our Discord server and I have no plans on slowing down until #CyberPunksTakeover!

DeGods and y00ts Are Leaving Solana— 

Here’s How It’s Going to Work 

DeLabs details the motivations behind the Ethereum and Polygon 

moves and exclusively explains the bridging process for Decrypt. 

By Andrew Hayward 

@ahaywa 

DeGods, the most valuable NFT project on Solana, has a history of announcing unexpected twists— 

from upgrading its artwork to buying majority control of a BIG3 basketball team, and even recently 

putting some of its previously-burned NFTs on Bitcoin. 

But the project’s creators delivered one hell of a Christmas surprise: DeGods will leave Solana. 

On December 25, DeLabs founder Rohun “Frank” Vora revealed his latest “social experiment,” announcing 

that DeGods NFTs would be “bridged” over to Ethereum—the largest and most valuable NFT market, 

with projects like the Bored Ape Yacht Club and CryptoPunks. 

Meanwhile, y00ts will be moved over to Polygon, an Ethereum scaling network that’s recently gained 

traction with brands like Starbucks, Meta, and Nike. The DUST ecosystem token tied to both projects 

will also be bridged to both Ethereum and Polygon. 

Few concrete details about the migration have been announced since then, but for the first time, Frank 

and Dust Labs CEO Kevin Henrikson exclusively discussed the motivations behind the move with Decrypt 

and explained the upcoming process. 

Not ‘if,’ but ‘when’ 

When DeGods launched in late 2021, Solana was near its all-time high price and its NFT scene was 


apidly expanding. By the time it became Solana’s 

most valuable large-scale NFT project last summer, 

SOL had lost considerable value and the wider NFT 

market was in freefall. 

In late December, soon after the move was announced, 

SOL had fallen about 97% from its peak 

price. Frank had previously tweeted about a potential 

migration amid Solana’s late-year struggles and 

faced considerable backlash from the community. 

Even so, rumors persisted as DeLabs continued 

fleshing out its actual plans. 

Henrikson told Decrypt that Solana was “a great 

place” to begin life, given the tooling on the network 

and the fact that its NFT community wasn’t as 

established as Ethereum’s. But he said that DeLabs 

had larger-scale ambitions that the team knew 

would likely someday lead the 10,000 NFT profile 

picture (PFP) project to the Ethereum ecosystem. 

“It wasn’t about ‘if,’ it was just a matter of ‘when’— 

and that was even in the earliest days of DeGods,” 

he said. “If we’re gonna be the biggest, most popular 

NFT collection in the world, you’re gonna have to 

be on Ethereum.” 

DeGods, which has generated nearly $150 million 

worth of trading volume on Solana, will soon enter 

the largest market for high-value NFT collections. 

Frank reaffirmed his goal of making DeGods the 

“number-one luxury NFT in the world.” 

Currently, a DeGods NFT on Solana starts at about 

$11,500 worth of SOL on the Magic Eden marketplace, 

but Yuga Labs’ Bored Ape Yacht Club PFPs 

on Ethereum start at 10 times that amount. It’ll be 

a new challenge to try and outshine ETH’s heavyweights, 

but that’s a big part of the appeal for 

DeLabs. 

Why Polygon? 

As follow-up project y00ts started making waves 

last summer, DeLabs received outreach from various 

blockchain networks about launching the NFT 

collection elsewhere. 

It ultimately rolled out on Solana, but DeLabs sought 

an eventual destination that could help that collection 

reach a broader audience and collaborate with 

sizable brands. Henrikson cited last year’s litany of 

brand announcements around Polygon, including 

NFT initiatives from Reddit, Meta, Starbucks, Draft- 

Kings, Disney, and beyond, and described it as an 

opportunity. 

He told Decrypt that moving to Polygon is “the 

fastest way to get connected to these companies 

because they’ll be on the same chain.” Frank added 

that in addition to consumer brand deals, Polygon 

offers access to a growing slate of metaverse game 

platforms. Many y00ts visual traits were even left blank 

“so brands can imprint their logos on there,” Frank 

said. 

The project’s artwork was also designed to be broadly 

appealing—or “clean enough that I can sell pacifiers 

and diapers,” Henrikson explained of potential partnerships 

or licensing deals, but also “men’s cologne and 

things that are more degen-centric.” 

Ultimately, DeLabs accepted a $3 million non-equity 

grant from Polygon Labs as part of the agreement to 

move y00ts to the network. Frank said that Polygon 

was “nowhere near the largest bidder in that regard” 

and that DeLabs chose the network for other reasons 

but admitted that “it felt dumb to not take” the grant 

when so many networks were offering funds. 

DeLabs will use the funds to help grow its team and 

take some of the public-facing emphasis off of Frank, 

he said. Furthermore, DeLabs and Dust Labs will develop 

a Polygon NFT launchpad and help incubate new 

projects, as Polygon Labs President Ryan Wyatt recently 

discussed on Decrypt’s gm podcast. It’s a move to 

grow the network’s NFT scene beyond brand apps. 

“The most powerful thing in crypto is aligned incentives,” 

Frank said. “I personally want to see y00ts 

succeed, but part of seeing y00ts succeed is seeing the 

rest of the ecosystem succeed.” 

How it works 

DeLabs has set a March 15 launch target for both the 

DeGods and y00ts bridges, but Henrikson told Decrypt 

that late March is more realistic. Up until now, it wasn’t 

exactly clear how the team planned to have users 

move NFTs between chains—particularly on the point 

of whether the NFTs could be moved back and forth 

between the supported chains. 

The bridging process via Wormhole will be an optional 

“one-way migration” from Solana to the new chain in 

both cases, Henrikson said, through a “burn and mint” 

process. Essentially, the Solana version of the PFP will 

be destroyed, and an identical version will be minted 

on the new chain and sent to the holder’s designated 

wallet. There’s no option to undo the migration. 

Holders can choose to keep their existing Solana NFT 

from either collection, but they will lose access to 

ongoing incentives and future benefits around the 

projects. For example, the staking rewards offered to 

both—the DUST token for DeGods and points for y00ts 

holders—will only continue to accrue for NFTs that 

have been bridged to Ethereum and Polygon. 

“You want to do the burn-and-mint,” Frank said, “and 

you want to have some type of incentive for people 

to get over there in the first week—so that it’s like a 

proper party.”

Henrikson said that Phantom wallet, which supports 

Solana and has added Ethereum and Polygon 

in beta, is ideal for this kind of transition as it 

can all happen in one interface. But the Wormhole 

process can work with other wallets, starting with 

any other Solana wallet and ending with the new 

NFT in the popular Ethereum wallet MetaMask, 

for example. 

What’s next? 

Frank said that DeLabs has purposefully been quiet 

about future plans ahead of the shift, but that 

the migration will herald the start of its next phase 

for both projects. “DeGods Season starts when we 

get to ETH, and y00ts Season starts when we get 

to Polygon,” he affirmed. 

“Let’s not get complacent here. Let’s keep pushing 

the boundaries and trying things out that are 

new,” he said. “We’re trying to take big swings, 

and we are trying to do it in a way that is going 

to make it exciting on the upside for people to 

participate.” 

Moving the projects from Solana to its new respective 

networks will also serve as a showcase 

for Dust Labs’ software and technology, Henrikson 

said, adding that the firm was founded with the 

ambition of being “all-chain or multi-chain.” 

Dust Labs, which raised $7 million last year, will offer 

up its software across multiple chains for other 

brands and companies to use. He said that doors 

to potential new opportunities are opening up at 

a “much faster” rate than ever before, thanks in 

part to support from Polygon Labs and interest 

from brands that want to help grow the NFT space 

on that network. 

While the announcement agitated many Solana 

die-hards, Frank emphasized that the migration 

isn’t meant to be a firm goodbye to the original 

home of DeGods and y00ts. Any unredeemed y00t 

t00bs NFTs—which holders burn to spawn a y00ts 

PFP—will continue to live only on Solana, and 

Frank said that DeLabs would consider building 

future projects on the chain. 

“We have so much love for Solana,” Frank said. 

“At times, it can feel very charged on the internet, 

but for us, it has nothing to do with that. We are 

honestly excited to see the mantle quote-unquote 

‘passed off’ from us to another set of builders on 

Solana.” 

But DeLabs and Dust Labs see their future spanning 

multiple chains, and believe that the best 

place for DeGods and y00ts to grow is elsewhere. 

Frank said he’s never bought into the “Yuga [Labs] 

playbook” that many other NFT projects have 

tried to copy, and that his plan is to branch out in 

search of new conquests and potentially broader 

audiences.

A pragmatic perspective on choosing what chain to build a business on. 

0xMert_ 

Crypto is a weird industry. It’s part tech, part economic theory, and part religion. I’m not quite sure what 

makes it so cult-like. People argue for hours about modular blockchains vs. monolithic blockchains, ETH vs. 

SOL, or Optimistic Rollups vs ZK Rollups. Interestingly, pretty much no one seems to be arguing about the 

fact that barely any crypto products have even the resemblance of product market fit (PMF). The total crypto 

market is a few million people at best, and most of those people are generally gambling, running scams, or 

speculating on pictures of cartoon apes. No, seriously. That’s almost 100% of this industry. Everyone is busy 

repeating optimistic tropes like “we’re so early”, “we’re going to onboard the next billion people”, or “mass 

adoption is coming”. 

Of course, none of this is true. We are not early, we 

can’t even onboard the next million people, and “mass 

adoption” is not coming unless something drastically 

changes. What’s more, you’ll often see those on Crypto 

Twitter (CT) talk about how Ethereum and the EVM 

has already “won”. I always chuckle when I see posts 

like this. What exactly has EVM won? There are less 

daily active users on Ethereum than even 1% of the 

users on TikTok. 1%! No one has won — certainly not 

in crypto. Yet. 

Okay, where am I going with this? This is a post on 

choosing Solana after all — how does any of what I 

said relate to the title of this post? 

It’s quite simple: Solana is the chain for pragmatists 

wanting to build real products. Something that crypto 

hilariously lacks. 

While blockchain researchers and academics go to war 

on the intellectual front about modular blockchains, 

L2s (even L3s now!), sharding, and ZK rollups to scale 

for the “next billion users” — Solana is leveraging 

parallelization and hardware that’s available today 

to build a decentralized system that handles 5-50x 

more transactions than any other chain with 1000x 

less fees. All major tech scales with hardware (cars, 

laptops, TVs, phones, robots, AI, Cloud), Solana 

is no different. The SVM is a 10x improvement 

over the EVM due to parallelization alone. While 

other ecosystems argue about hypothetical scaling 

solutions, Solana is already scaling. 

Don’t believe me? Look at some of the only crypto 

applications to actually find PMF so far: Phantom, 

Magic Eden, Helium, Stepn — all on Solana. 

It’s not just about tech either — pragmatism is a core 

value in the Solana community. It’s an ethos that 

engulfs as soon as you enter the ecosystem. Solana 

Spaces, Solana Mobile, Solana Pay, Hacker Houses, 

Hackathons (with over 10k participants), Solana 

University Incubators, Teleport, Dialect, Hivemapper, 

Tiplink, Ottr, Backpack. The community is packed 

with those wanting to build real products to solve real 

problems. 

We need to stop wasting so much time on debating 

hypothetical scaling solutions and purity tests. I see 

hundreds of arguments about whether Chain X is 

“decentralized” or if Chain Y needs better “BD” every 

single month. Why is no one arguing about the fact 

that we don’t have any real products with PMF? Why 

is no one arguing about the fact that there are barely 

any real sustainable businesses that aren’t full out 

ponzi schemes? It’s as if everyone is running away 

from the ugly truth that this industry is essentially 

an adult child that refuses to grow up. We worry about 

random gas optimizations and bridges and royalties 

instead of worrying about building apps that solve 

real problems. L2s, ZKs, sharding — these are all 

super cool technical solutions and the engineer in me 

gets excited to talk about them. But the pragmatist in 

me is concerned. 

People ask me all the time why I build on Solana. 

My answer is simple: because Solana works, now. 

There’s nothing else to it. I’m not a Solana maxi, I’m 

a “root access to your digital identity and finances” 

maxi. I believe firmly that crypto has the potential 

to re-imagine how the digital world works. But I 

don’t think that potential will remain forever. We’re 

in a race against time. Every time we debate about 

sharding, or danksharding, or interconnected chains 

— we are adding yet another conditional, which when 

multiplied, reduces the overall probability of success 

for the industry. I want the industry to succeed. For 

the industry to succeed, we need to start building 

things that work and are useful. We can’t do this on 

Ethereum currently, it’s too expensive. We can’t do 

this on L2s yet either, they’re too early, centralized, 

and unreliable. That’s not to say L2s and ETH won’t 

scale in the future. But we can already do it on Solana, 

now. Solana simply works. Low fees, elastic compute, 

composability, a die-hard community. You don’t need 

anything else to start building the future. 

Stop the infinite optimism. Stop kicking the ball down 

the road. Start building real products that solve real 

problems. When you’re ready, Solana will be waiting 

for you. 

SHILL Issue #99 

19

@IamCazper 

We are just about ready to reveal the genre for our monetized high wager multiplayer browser game ran on AWS built in 

UE5 !! Testing is currently live for a few whales in our community and the feedback we have had… The product we have 

is a game changer. 

A Quick 8 Week Recap 

@TheFoxClubSOL 

Over 1000 SOL to our holders 

Over 1500 SOL worth of NFTs in our DTM Machines 

89-91% Staked on average 

15k Volume 

80-110 Range Listed for weeks 

Limited Apparel drop 40% sold out & all orders have been fulfilled & either in transit or have been delivered thanks to 

our direct web2 partner @onyx_branding. 

We are officially working with @GhostKidDAO on their apparel drop this year. 


thefoxclub.life 

We are running a business & networking with project founders who want to grow this ecosystem. Our alpha has 

been in plain sight The homepage https://thefoxclub.life 

If you have been with us since the beginning or recently, our main site has had clues since we launched our mint 

The $CHITZ Arcade is coming !!! We will be releasing more info in regards to the monetization of the game in the 

coming weeks As you can see we are paying attention to detail in every aspect of our business. This is only one 

of the few systems we will be providing though..

We are running a business & networking with project founders who want to grow this ecosystem. Our alpha has been in 

plain sight The homepage https://thefoxclub.life 

If you have been with us since the beginning or recently, our main site has had clues since we launched our mint. 

Pick & Win Machine 

@CyronicaNFT & our in house dev team are ready to begin sharing details next week with We will be generate perpetuity 

royalties by providing it to other projects. Each spin will generate profits from a tx fee benefitting the Fox Club broken 

down. 

We appreciate the support from our entire community and the real builders in this space. The systems @JellyCoNFT @ 

CarlosOMFG @LibertySquareHQ @IMSOnft_Chris @Block9_NFT are building will be setting the stage before the next 

bull run. 

What we’ve been building is an organic community & the numbers speak for itself. If we have provided this much in 

8 weeks in a bear market… You can easily see what we’ll be providing in a bull market and on #nfts #solana #nftgame 

#solnfts

82dazai

Eckso Any

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Eckso Any

MEKtxt

JuntDoe Goose

Irfan

Lil2Noisy

KirkEnglehardt

Pixelchecks

MinasSanimArt

austin_visual

VinceHelen

SAVAG3H3NRY

DeoJahnu

CultureHacker

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TheBreakdownRep 

@thedogecapital/ Recognizing an OG Solana project, their sustainable business model, and NEW products for 

the #SOL ecosystem. Doge Capital continues to build. 

What is @thedogecapital? 

Best described as a Web3 software company their SaaS model has attracted 50+ partners, driving sustainable 

business for their Dubai-based entity. They’ve built staking, raffles, auctions, & verification systems. They even 

built a betting platform! 

Secondary 

Over the last week or so, listings are down, volume is up, holders are accumulating, and FP is bull-flagging just 

under 5 SOL resistance. With Solana NFT traders returning to OG projects, this one seems ready to double - for 

good reason. 


DOGESWAP 

Dogeswap is a new development allowing Web3 projects to collateralize project tokens against NFTs. This helps improve 

price efficiency while also creating profit opportunities as the platform highlights arbitrage for holders. https://twitter. 

com/thedogecapital/status/1626281588391571459?s=20…

Quote Tweet 

@thedogecapital 

Let’s Talk Future Implications of DOGESWAP / We created the DOGESWAP pool model to close a systemic hole 

in Web3 project economies by directly linking a project NFT with the underlying project token. In this thread, 

we touch on HOW we hope this model improves the ecosystem 

Doge Academy The team is also working on another large development with long-standing project @Divine- 

DogsNFT. Doge Academy will be an interactive library of resources for degens to strengthen investment knowledge 

& onboard new members. 

As Solana traders look to return to OG projects, Doge Capital holders have a lot to look forward to for yet another 

year as the team joins @frakt_hq & @ElixirNFT in judging an upcoming Hackathon. The team also provides 

monthly financial reports to share transparency w/ holders. 


Complete Guide 

Today, we will discuss four methods of earning yield from your SOL tokens. 

gumshoe 

At the time of writing, the Solana market cap is $8.04 billion with a 24-hour volume of $479 million. 

The price of SOL is $21.23 and market dominance is 0.79%. The Total Crypto Market Cap is $1.03T, 

down 3.89%. The NFT transaction volume surpassed 500,177 SOL, closing in on $10.6M in the last 7 

days. 

Solana can process thousands of transactions per second, significantly faster than many other popular 

blockchains. This allows for fast and efficient processing of transactions, making it attractive for developers 

and users who want to avoid high gas fees associated with other blockchains. 

Solana enables developers to build complex and sophisticated decentralised applications, which is why 

the network appears to be speed-running the rest of the industry both in the DeFi and the NFT sector, as 

we’ve seen with the NFT Marketplace wars around the zero royalty meta. 

How NFT DeFi can Offset Solana’s Inflationary Mechanics 

Solana, like many other cryptocurrencies, has an inflation rate. Solana’s annual inflation rate is currently 

~6.5% and will decrease by 15% every year. It will eventually stop at a fixed rate of 1.5%. 

In 2022, the Solana token circulating supply increased by 20%. This is a result of token unlocks and staking 

rewards. Today we are going to show you six different ways in which you can put your Solana tokens 

to work. 

Disclaimer: None of the following practices are financial advice. The purpose of this newsletter is to educate. 

Always do your own research. 

Staking involves holding tokens in a wallet to help secure the network and validate transactions. In return, 

stakers receive rewards in the form of additional tokens. 

As a user, you can stake your $SOL tokens in a validator node, to help secure the network, or in DeFi protocols. 


Solana is a delegated proof-of-stake network, meaning you can stake your SOL tokens, or ‘delegate’ 

them to validators who are responsible for processing transactions, running the network and 

keeping it secure. For doing this, validators earn rewards in a similar fashion to how one might 

understand Bitcoin mining.

ination of staking and MEV rewards. 

• 6.16% APY 

• 502,727 SOL of Total TVL 

Solana DeFi platforms allow users to lend their tokens to borrowers who require them for various 

purposes. 

Lenders earn interest on their loans, while borrowers gain access to cryptocurrency without having 

to buy it themselves. In 2022, Solana saw the birth of a new narrative merging NFT with DeFi. 

NFT DeFi added several new use cases to the ecosystem and created new ways of generating yield 

with $SOL, such as NFT-collateralised loans. 

Sharky 

Sharky is the biggest NFT DeFi platform on Solana, with over 3.5 million SOL in Total Loan Volume. 

FRAKT 

Although FRAKT has a lower APY %, many people would argue it is theoretically safer due to its 

liquidation mechanism. 

Liquidated NFTs which haven’t been repaid during their 12H Grace Period will automatically 

become eligible for the liquidation raffles in which Frakts stakers and Gnomies holders can participate. 


Atadia 

Atadia has developed the ability to offer instant, zero-collateral loans without the need for KYC. They use 

a machine learning credit scoring model trained on $300,000 worth of zero-collateral loans from Lending 

Lab to guide their underwriting criteria. Currently, their default rate on a volume basis is around 3-4%. 

Note: Currently, Atadia’s Lending Lab only allows borrowing. 

Citrus (FFF) 

Famous Fox Federation recently launched its own peer-to-peer Lending platform. Citrus lending mechanics 

are similar to Sharky, however, loan duration time and APY % are generally smaller. 

Be Careful 

Recently, there was a liquidation cascade event which caused a major downtrend in several NFT collections. 

Be aware of the risks of NFT-Lending platforms. If the collateral suffers a major price drop and the 

borrower does not pay back, you will have lost money on your loans. 

Yield farming allows users to earn rewards or interest by providing liquidity to decentralised protocols 

through staking, lending or providing liquidity. 

Although yield farming can be an extra source of income, it also carries significant risks, such as price 

volatility, smart contract vulnerabilities and liquidity risks. 

Orca 

Being the largest DEX on Solana, Orca requires a large amount of liquidity. This is obtained through pools. 

While browsing the Liquidity tab, users can choose to provide liquidity to a diversified amount of trading

pairs. 

Automated market makers (AMMs) are a type of algorithm that facilitates trading on decentralized exchanges 

(DEXs). They are designed to provide liquidity to the market by continuously buying and selling 

assets based on pre-determined rules. 

Hadeswap 

Hadeswap has several features, including 0% platform fees (subject to governance decisions using the 

$HADES token), 0% royalty fees by default (with an option to pay them), and progressive selling/buying 

of NFTs. Additionally, users can earn SOL while using the platform. 

Elixir 

Elixir is an ecosystem focused on NFT utility that includes an app powered by automated market maker 

(AMM) pools. The app offers various features, including instant selling, NFT exchanging, borrowing, earning 

passive income, and long/shorting. These features enable users to participate in NFT financialization 

and generate returns through various means. The Elixir ecosystem includes other core products in addition 

to the app. 

In conclusion, there are many ways to put your SOL to work beyond just buying and holding them. From 

trading and staking to lending and yield farming, the opportunities are plentiful. 


1. @Claynosaurz 

2. @theolafnft 

3. @THELILYNFT 

4. @RUNDEADNFT 

5. @ElixirNFT 

1. @Claynosaurz 

2.@y00tsNFT 

3. @okaybears 

4. @BlocksmithLabs 

5. ABC

Damzine

Damzine

Angel 41

ArtBerines

Clint Fulkerson

Clint Fulkerson

Cool Puppet

Createdby_imrie

Createdby_imrie

ADeepStateofMind

azinrostami11

arielgricio

azinrostami11

azinrostami11

azinrostami11

okam

One of the major benefits we often times 

hear in the space is the ability to connect 

with individuals from all over the world. We 

are increasingly getting exposed to new ways 

to view the world, unique ways of 

interpreting our society and most 

importantly to cultures as varied as we can 

imagine. 

With so much happening all the time, it can 

be a challenge to get to learn about the raw 

talents from all over the globe. 

However it was thanks to this increased 

connectivity that I was first able to connect 

to 23-year-old Tehran-based artist Sam 

Vosoughi (otherwise known as SV) a few 

months back though Twitter. Founder of an 

art crew called Shahr Crew, Sam is an 

independent artist who’s work reflects a 

signature blend of Pop Art and Street Art. 

Rich in commentary, culture and critical 

thought, SV’s body of work seamlessly draws 

from both classical-historical art periods and 

modern techniques that paint a vivid picture 

of his unique approach to art and life. 

“Being an artist & graphic designer… 

it’s like a gateway for me, to be able to 

both fulfill my passion for being a 

creative and also to share my thoughts 

and feelings about what’s going on in 

life…” – Sam Vosoughi 

Portrait of artist Sam Vosoughi 

(@svofshahr), otherwise known 

as SV. 

”Off The Hood” by Sam SV, from his 

2022 Renaissance series on Exchange.Art 

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In my efforts to keep highlighting 

as many artists as I can with 

SolCityRadio, I sat down this past 

week with Sam Vosoughi, to discuss 

his mission, inspirations and goals as 

an artist. A revealing conversation — 

which you can read below — that 

highlights Sam’s genuine desire to 

help spark a change in our world 

through art. 

Sam, who are you? What do you 

do? And, why do you do it? 

Hello I’m Sam Vosoughi, 

artistically I go by the nickname SV 

and I’m a 23-year-old independent 

visual artist from Tehran, Iran. 

I started my career when I was 14 

by designing an album cover for one 

of my musician friends, a year before 

I went on to study graphic design. 

”Ordinary Day” by Sam SV, minted on 

FormFunction, December 2022. 

I’ve continued designing cover arts to 

this day and also creating artworks for 

myself, mostly digital. I’ve also been in the 

NFT space for almost 2 years now. 

Being an artist and graphic designer is 

not only my main job but it’s like a 

gateway for me, being able to both fulfill 

my passion for being a creative and also to 

share my thoughts and feelings about 

what’s going on in life, both personal and 

public. 

What inspired you to create in the first 

place? 

”Is This Art?!” by Sam SV, minted on 

FormFunction, January 2023. 

Lots of things, naming myself a Pop 

Art/Street artist I have to keep my eyes 

open. I’m also founder of art crew called 

“Shahr Crew” — Shahr in Farsi means city. 

The reason I named it this is because the 

main source of inspiration for me is the 

city. 

2/4

I took things from the city, visualized it 

in my way and I gave it back to the city 

trying to respond to or share my thoughts 

about things I see every day in my city. 

Things like consumerism, youth problems, 

movements going on and also some more 

personal concepts like love, friendship, 

etc. 

I notice you try to bring a lot of 

conversation through your art, why? What 

themes and subjects are important to 

you? 

Exactly. I don’t want my artworks to be 

just a normal fine art piece. I want the 

people who see my pieces to get 

something from it. It can be done by using 

a quote or a message I put or write in the 

pieces themselves. 

I saw many people, specially people my 

own age, struggling with various things so I 

wanted to somehow show my sympathy 

to them by writing a message on the piece. 

How important is culture to what you 

do? 

Culture is the thing I must keep an eye 

on. Coming from Iran, although our young 

generation has a very modern lifestyle — 

and because of that our parents too — but 

we are quite a traditional country. A lot of 

things are still considered taboo and 

those things cause some problems for us 

sometimes. 

Not just my country though, I’ve also 

gotten commissions for cover arts 

throughout my career from musicians 

from other countries. So I had to keep in 

mind what audiences I’m designing for. 

Living where you live, what are some of 

the challenges that come to a creative? 

They’re quite a few things actually, 

because of that tradition issue I 

mentioned. Lots of people still think 

people with bad grades in school went to 

study art and begin their career as a 

creative. Things have gotten better in the 

last decade, but unfortunately I saw a lot 

of lost talent and dreams because their 

parents wanted them to be doctors or 

engineers. Thankfully not for me, as my 

parents work in the fashion industry. 

Another big problem comes from the 

government, the limitations they put. For 

example, you’re not allowed to showcase 

everything you want in your exhibition, or 

even worse, post whatever you want on 

your social media accounts. They’re kind 

of afraid of the influence creatives can 

have on the community. 

On the other hand, there are many iconic 

things in our culture like cigarettes, cars, 

sodas and events that inspire me to create 

Pop Art style pieces. 

”Dream Big” by Sam SV, from his AbStreet 

series on FormFunction, February 2023. 

3/4

What are some of your goals and 

intentions when creating work? 

The main one is to leave a message. 

Whether it’s sharing my though and 

expressing my personal feelings or it’s a 

thing I feel like I had to say to specific 

groups of audiences. 

Do you feel a sense of responsibility as 

an artist to express the issues you see in 

life through art? 

Personally, yes. It’s not a must for every 

artist, but in my opinion artists are partactivists 

in this post modern era. Unlike 

the past where artists would sit in their 

studio and only paint a still life or express 

personal feelings, artists today should 

respond to what’s going on in the world 

right now. But again, it’s my personal 

opinion. 

How have your experiences of recent 

years changed how you approach 

creating and see the world? 

I wouldn’t call it a change, more like a 

development. As I studied art and design 

through the years, I’ve gotten to know 

more artists, how they do work and what 

was their mindset. It affects mine 

definitely, both with my techniques of 

creating and also how to look at the world. 

That’s why I insist every artist to always 

read the art history. It opens new doors 

for you and you will learn a lot from that. 

What kind of impact are you looking to 

leave behind through your work? 

A big dream is to be named as one of 

the greatest, but as I mentioned, I want to 

be someone who got something to say. 

Something that people can relate to, feel 

good when they look into and if I’m lucky 

enough it will spark a change in someone. 

That’s it. 

Sam truly embodies that spirit which 

great art movements are built upon — a 

fighting spirit that hopes to help progress 

our society forward. Whether it’s his 

focused intent on responding to our 

times, his desire to inspire others or his 

willingness to support those around him — 

whether at a protest or the timeline — , 

Sam Vosoughi is the perfect example of 

the human quality this digital art 

movement contains. 

”Fear” by Sam SV, from his 3 piece 

Immortalized series on Exchange.Art, 2022. 

To support or engage with Sam Vosoughi you 

can find him on twitter 

To view his art on a variety of 

platforms click 

4/4

fraim.10

elifsezgin

CultureHacker

gambaXstudio

gambaXstudio

glitchstroke

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glitchstroke

hellofaten

hellofaten

Leverage

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BARNDOG GAMING 

Genopets - 2024 

Metaverse Explorer 

STAR ATLAS #163 Foundation Room Pictures 


suppvalen 

Have NFTs moved in correlation with the stocks market since 2023 started? Yes. Here’s why: 

2023 started positively with January, where stocks and bonds experienced their strongest January gains in years. S&P500 

rose 6.2%, and Nasdaq closed Jan with a 10.7% gain, the highest January gains since 2001. And Bitcoin reached $25k. 

NFT sales volume correlated with a significant huge spike and several top collections achieving new ATHs (like @De- 

GodsNFT in SOL terms, @pudgypenguins, @Claynosaurz, etc). We saw high end sales for collections like BAYC and Azuki. 

The BONK airdrop; the Blur incentives, etc. 

Quote Tweet 

@suppvalen 

January 2nd 2023: DeGods reaches a 635 SOL floor ATH. : @solsniperxyz 

ETH NFTs had a very nice start on January with $780M USD in volume according to @cryptoslamio’s updated data.

SOL NFTs also ended January with $158M USD, the biggest volume amount since September 2022 when y00ts minted. 

CryptoSlam!

After Feb 21st US stocks fell, NFTs sales vol also decreases for both chains. ETH NFTs did a positive $49M volume day 

on Feb 21st, but decreased a very significant amount till Feb ended. Also notice that it ends in a decrease of buyers and 

sellers. 

CryptoSlam! 

ETH bluechips show a decrease on Feb 22nd, a day after the stocks fall, then a short spike on Feb 23rd, and ends February 

28th with a slow attempt to recover again. 

NFTGo 

The overall mkcap USD chart of ETH NFTs follows the same path as the bluechips, ending Feb 28th with $22.80B, a 

$170M mkcap loss since Feb 21st. Data: @nftgoio 

// What about the Bluechips on SOL? Surprisingly, the bluechip SOL chart in the last 30 days looks extremely similar to 

ETHs bluechips chart. There’s a decrease on Feb 22nd, a spike on Feb 23rd, a continuous decrease besides a few spikes 

and finally ends bearish on Feb 28th.

SolanaFloor - NFT Analytics & News 

But, the sales volume of NFTs on SOL DID decrease on March 7th and has been trending down (so far), as data by @ 

cryptoslamio shows. Total floor value of SOL NFTs actually had a positive recovery on March 7th from previous fall, but 

it’s been trending down since.

CryptoSlam! and SolanaFloor - NFT Analytics & News 

For ETH NFTs, March 7th sales volume was lower than past days and continued to decrease since, but it’s looking very 

positive today! However, the marketcap value of ETH NFTs had a positive spike on March 7th but has been decreasing 

since then, according to @nftgoio. 

.

CryptoSlam! 

There have been several instances where crypto decreased and NFTs were increasing in 2022, or where macro factors 

didn’t affect NFTs… However I’ve noticed a similar correlation with stocks this year. Will it continue? 

// A little complicated to understand? No worries! Here are 6 key points of this research about the correlation of price 

movements between NFTs and stocks performance in 2023:

@bojmats 

Let’s talk about @MonetSAC from @StonedApeCrew & @JellyCoNFT. Here’s what you need to know: 

Monet is an innovative community raffle platform for NFTs and Whitelist spots created by @StonedApeCrew. 

So how is Monet different than other raffle platforms? Monet is social-first, they are about connecting people 

and communities. 


139

This is why you can connect your discord (& twitter) to Monet and based on discord roles you will be able to see the 

communities you are part of. 

When hosting a raffle, you can choose to feature the raffle on a community page for more reach. These raffles will also 

be posted in the projects discord. By doing this the community will earn some revenue share on the raffles featured on 

their page!

So Using Monet for your raffles means more reach for your Raffle and.. More revenue for your project! Which is one of 

the reasons SAC created Monet. To support creators after they stopped receiving royalties. 

Quote Tweet 

@StonedApeCrew 

Community created raffles! Open to everyone. Create your own raffle as a holder of a verified project to share revenue. 

Support your favourite projects with rev share to be featured on their community page for extra reach and 

engagement on your raffle https://twitter.com/StonedApeCrew/status/1606393369890013185… 

Now that you know what Monet is, let’s talk about how @JellycoNFT is involved. Jelly has invested in Monet and is partnering 

up with SAC to take Monet to the next level. 

Together, they will be working to turn Monet into the No1 social hub on Solana, expanding into auctions, IRL items, social 

tools, and so much more!

JellyCo. Will earn a share of the profits & fees collected in $JELLY. And has the chance increase ownership of the platform 

in the future. 

Can’t wait to see how @StonedApeCrew & @JellyCoNFT will turn @MonetSAC in the biggest social Hub on Solana. Mega 

Bullish on both projects.

@BlockFramez 

A detailed overview of my body of work as it currently stands and a little background info on myself as an artist. 

I’ve been a professional artist for about 15 years. I quit my job as a manager at a Los Angeles music studio a few yrs ago 

and migrated to Web3 a little over a year ago. I’m also a music composer for tv and film and freelance videographer. 

Here is a rundown of some of my work. This isn’t my full body of work but just the series I’m currently focused on now. 

DARKNESS WATCHES, my first sold out series which consisted of 7 Acts which were later consolidated into a single 

series ACT I. ACTII was minted recently and available on Exchange. ACT III is in production and will be a short film. I 

have very long term goals for this series. 

exchange.art 

DARKNESS WATCHES: ACT II | Exchange Art 

Neon Nights, a series of moody Neon light themed street photography (sold out). Act II is currently in the works and 

should be launched soon https://exchange.art/series/Neon%20Nights… 


143

Streetframez, a series of urban street photography primarily focused on Downtown Los Angeles, my favorite place on the 

planet. (Sold out). Act II is currently in the works and will be launched shortly after Neon Nights Act II. 

exchange.art 

Streetframez | Exchange Art 

The Arcade, a series of nostalgic 1980’s retro arcade games and retro vibes consisting of both still images as well as video 

pieces. (Sold out) Will announce when Act II goes into production. 

formfunction.xyz 

The Arcade | Formfunction - NFT Marketplace

Memories in Motion: A series of short films from my roadtrips on the California Coastline with a vintage vibe. One piece 

remains in this series. Act II scheduled for production later this year. 


Memories in Motion | Formfunction - NFT Marketplace

A San Diego Vibe, a series of 4K aerial footage + music score of the many beautiful beaches in San Diego county. Series 

consists of 3 pieces. Plans to develop this series further will be announced later this year. 


A San Diego Vibe | Formfunction - NFT Marketplace 

Drivelapse, a 5 pieces series of moving Timelapse’s through beautiful California landscapes. Act II is in production and 

will be announced once Act I has been sold out. 


Drivelapse | Formfunction - NFT Marketplace

Moodscapes, Breathtaking atmospheric landscapes + an ambient orchestral music bed. MOODSCAPES is a series of 

six 4K resolution audio/visual pieces created as a refuge from human constructs. Preserving nature for eternity on the 

blockchain. 


MOODSCAPES | Formfunction - NFT Marketplace 

Got a lot of walls: An ongoing continuously updated series of wall photography. Yes you read that correctly, wall photography. 

One of my more popular series. 


Got a lot of Walls | Formfunction - NFT Marketplace

WITH SENTIENTSHAPES 

The art of writing and poetry is normally described as a “lost art”...would you 

agree? Maybe it’s more of an overlooked art, what do you think? The practice of 

writing, creatively, journaling, to do lists, emails, love letters, blogs, artist 

biographies, etc is an important aspect of the artist’s life. How many times have 

you written things in the previous list and wished you could write just a little 

better? By using our hands with a utensil to write, this simple physical act can lead 

to other processes in our creative flow. So, let’s not overlook the art of writing! 

Let’s practice a bit together and watch how our artistic endeavors unfold as we 

become better writers. Getting ideas out of our heads and on to paper is the first 

step in making those ideas into reality. 

To write a poem is simple, don’t overthink it! Just do it. 

Step 1: Grab a notebook or your notes app and choose a topic. I’m feeling silly today 

so I’m choosing candy bars. 

Step 2: After choosing your topic fill in the blanks with some information. Here’s mine 

on the topic: Candy bars are sweet, sometimes sticky. Candy bars are never 

enough. Candy bars make you sick if you eat too many. 

Step 3: All good things must come to an end, bring the poem to a close by making a 

grandiose or mundane statement. Let’s see what I can do: Too much of a good 

thing can make anything bad, I guess candy bars are no different. 

Step 4: Put Steps 1-3 all together! 

Bonus: Use creative wording to express ideas, use grammar and word spacing to 

make your poem unique. 

1/2

WITH SENTIENTSHAPES 

THE POEM 

What do you think? Poems can be funny and 

lighthearted and not scary to write at all! Who 

knows, maybe you will be inspired after writing 

yours. I’d love to hear what topics you come up 

with! Feel free to send me your poems 

I can’t wait to read them, 

until next time! 

2/2

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Twitter follow now

ozgeth

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