cryptoviewing

cryptoviewing

HEX: FULL DEBRIEF

Added 2021-04-30 01:33:21 +0000 UTC

Hello Cryptofriends!

HEX is an ERC 20 token looking to replace traditional finance CDs that allow you to stake long-term and claims it has up to 40% API returns. This is an unusual target in that all 4 viewers give it a thumbs down. Let us know your thoughts about this controversial crypto!

All the best,
Jamie

Comments

@Eric369 "does not have use case except that it is designed to pump upwards more than any coin in cryptos" As an ERC-20 coin it can be sent and received (faster and cheaper than BTC) and various smart contracts can be created for it. So being money and smart money are already proper use cases there. But the primary use case is to be a better _store_of_value_ than BitCoin (or anything else) by being more secure technically (security audited better code, fully decentralised) and economically (no PoW mining sell pressure, even less sell pressure through incentivising strict timelocks). The high average APY is because only 10% is staked right now. If all HEX would be staked, the APY for the average length staker would be 3.69%, which is the inflation payed to commited hodlers (stakers). So adoption and usage is lowering the APY. All this is self-contained, there is no middlemen and everyone can hold their private keys in cold storage. Also the 2x security audited code is not modifiable, so bugs are not introduced. The ownership is quite centralised though, the OriginAddress-associated addresses are able to sell and dump the price but so far they behave in a benevolent way (they don't stake, provide liquidity, no rugpulls or pump&dumps). A shady past is not a 100% indicator of present ill will. The HEX name is unfortunate. The marketing is bombastic, sounds too good to be true. The founder may be naive and arrogant. He is fuelled by a need for respect ("glory"). What counts is what the smart contract does and if people will trust and use it. It works as advertised so far. If anything, the product is too independent (and ambitious) for the Powers That Be, so it is easy for me to believe that legal and other attacks are inbound. It is already gate-kept, not properly listed on many websites... nomics.com works though.

2021-05-05 07:33:31 +0000 UTC

Hello, first post. First of all, my name has nothing to do with Richard Heart... I had this nickname since before crypto was a thing. It seems like the viewers got data about various things: the founder himself, the environment, current HEX on Ethereum and the upcoming Ethereum fork PulseChain that is being worked on. PulseChain will snapshot/airdrop most of the Ethereum tokens, including HEX, in order to have lower transaction fees where there is a lot of read from disk (amongst other improvements). Also there will be a new native token: Pulse. The aim of the fork is to be independent from changes in Ethereum that are not beneficial. So the target is quite complex.

2021-05-04 06:43:37 +0000 UTC

In all the interviews Richard does say that he took his Hex advertising idea from the Pump and Dump Ponzi Pyramid schemes. Seeing that, that type of advertising works really well. And he also says his HEX coin does not have use case except that it is designed to pump upwards more than any coin in cryptos. So he is upfront with his his concept. Is he a shady person, well to create something that is designed to pump for no other reason than to make money, then he is shady. And all that buy his HEX coin is also of the same mind. He calls it designed for the Pumpamentals.... Hope people dont lose too much when it comes crashing down like all Ponzi Pyramid schemes

2021-05-01 05:46:23 +0000 UTC

It's go time! ;)

2021-04-30 14:36:23 +0000 UTC

I hope its ok that I share this link.. I've seen this guy somewhere else, He is Full of himself beyond his own ability to see https://www.youtube.com/watch?v=Y5qfvNJXJEE&list=RDCMUCta3TYFhzfpPvOtKBDifYJA&start_radio=1 a caller asks about staking at 2:43:00...I have always had a bad feeling about Him and HEX

2021-04-30 12:06:39 +0000 UTC

Vechain? Is there anything about it on the site? Thank you

2021-04-30 04:13:33 +0000 UTC

View XPRT and UBX

2021-04-30 02:19:38 +0000 UTC

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