Let's Talk About HEX

With the release of "The Highest of Stakes" documentary on Prime video and Apple TV, I once again feel comfortable discussing my cryptocurrency portfolio with friends and family. I'm going to be very candid. In the early days of my crypto journey, I definitely grew way too excited for trends and pumps that dumped far harder than I predicted or understood at the time. I found myself acting more on emotion, as a gambler more than an investor, and my overt explosions of celebration when my gambles paid off would often lead folks close to me to buy the top of a crashing asset - ergo, I led these lambs astray and swore to never talk about my holdings ever again.

So why am I talking about HEX and "The Highest of Stakes" documentary?

The subject of the documentary is Richard Heart, and by connection, his crypto creations. The main focus being HEX. HEX is a first-of-its-kind, completely decentralized crypto asset that functions similar to a bank certificate of deposit without the middle man controlling your money. Due to the unique staking ability coded into its creation, HEX stakers have experienced astronomical APYs which led to both the building of a strong central support community, the "Hexicans," as well as drawing the ire of supposed YouTube "influencers" who spat on the trending coin in exchange for views and ad revenue.

Following HEX's launch in 2019, it was panned by crypto pundits (many of whom are now defunct) and Richard Heart was labeled as a scammer on YouTube channels and across the Twitterverse. Offering APYs as high as 40% in some cases for fifteen year stakes, influencers were quick to call HEX a scam without offering a single objective truth to justify their claims. They simply couldn’t understand how it worked the way it did. Instead, these people who had positioned themselves to steer the retail market lobbed vitriol at HEX, Richard Heart, and the Hexican community at large. All while they shilled companies like FTX and promoted reckless leverage trading through sponsor referral links.

It should be noted that Richard Heart, during the previous bull market, laid waste to these influencers in a series after series of interviews. Heart's charismatic bashing of the nay-sayers became almost addictive to watch, eventually evolving into a persona of Richard that became a part of the brand allure for HEX. Call it schadenfreude,. but it's fun to watch rude people get pooed on.

At the height of the 2021 bull market, HEX reached a whopping $0.52 - effectively performing a 10,000X from it’s original price. Meaning early investors made $10,000 for ever $1 they invested. Multi-Millionaires were created in less time than its taken for the state of North Carolina to finish it's I-95 project . Generational wealth was achieved with nothing more than faith, a few button clicks, and eighteen months of patience.

I found HEX by way of a Navy Chaplain and fellow crypto enthusiast, around the middle of 2021 when the price was hovering just above a penny. Having recently been burned by Safemoon (whose founder is now in jail awaiting trial for fraud), I did not follow the Chaplain’s lead until a few months later when HEX was knocking on the six-cent range, and I was kicking myself for missing a 6x. Still, my decision to buy in didn't come from the fear of missing out, but was done so only after doing intense research to restore my faith in altcoins. It was in this time period where I shifted my emotional posture into a more objective, critical filter concerning assets. I'd even begun teaching crypto classes to "normies" who were interested in entering the space. As time progressed through the height of the bull market and into the bear, I continued to buy with a dollar cost average strategy here and there.

On top of everything that made HEX a dream investment for an early adopter, in August of 2021, Richard Heart opened two separate VC sacrifice phases for Pulsechain (PLS), his first-of-its-kind Ethereum fork layer 1, and PulseX (PLSX), which would serve as the digital exchange on this new blockchain. During the first sacrifice phase, PLS brought in nearly $14B dollars, with $25M being selectively donated by investors to SENS Medical Research foundation. As a reward for their trust, sacrificing investors were given a promised share of the limited Pulsechain supply, to the tune of 10,000 Pulse tokens for every dollar.

Promising faster throughput and fractional gas fees, the Pulsechain layer-1 mainnet went live in May of 2023, and with it came the largest air drop of crypto assets in human history. With the PLS fork from ETH, Heart effectively copied every wallet asset from the Ethereum blockchain onto his new chain, which paid extremely well for HEX holders and stakers, as they received duplicated stakes on the new Pulsechain. eHex and pHex became common terms to represnt HEX on both chains respectively. After the inter-chain bridge fully cleared of traffic, the exchange provided liquidity through the trading of USDT, WETH, HEX, and other crypto assets, as well as limited LP pairing options. All of this was in addition to the PLS and PLSX native tokens that the sacrificers received as a reward for their faith in Heart's ability to deliver a solid product.

The Pulsechain launch, along with the theatrical release of "The Highest of Stakes" did little to move the price of HEX from it's low below a penny, but there is no denying the parabolic movements to come.

Sitting here, at the end of the bear market, with only six months until the BITCOIN halving in April of 2024, there is a very real prospect of eHEX and pHEX reaching a price parity over $1. Some starry-eyed investors even postulate that HEX could follow in the footsteps (or outperform) other smart contract based layer-ones, such as Cardano, which reached an all time high of $3.10 in it’s sophomore bull market.

Whatever the case, as someone who only dove into cryptocurrency in 2020 and later immersed himself in learning all that I could, HEX has a different vibe to it. The community of Hexicans is strong, supportive, and truly champion the asset as their own. Unlike other crypto cults who shill “Overnight riches” or delusional predictions even when their founder’s in jail, the Hexicans are a community who approach HEX and the Pulsechain ecosystem as investors looking to advance blockchain technology while collecting some profits on the way. And we share this with people out of a love for the tech and the future.

If you'd like to know more about HEX, you can head over to the newly launched HEXScout.com for all of your informational needs.

As a Hexican myself, I have faith in what tomorrow holds and truly believe in HEX, Pulsechain, and all that is to come. You could almost say I’ve staked my future on it.