/biz/ - Business & Finance

>>18744957
I don't quite understand why /biz/ can't wrap its mind around this token, because it's so fucking simple.

It's certificate of deposit and financial instrument. You can send it and receive it. Just like bitcoin, except there's an actual product: you can lock up your coins for some period of time (akin to a CD). People who don't lock their coins pay some fee in form of an inflation tax. People who lock up their coins pay less of a fee or even see a bit of an increase, depending on how long they lock up.

That's it.

How much is this worth? Simple: it could be worth as the CD market that it correlates with, and how much people use CD's.

HEX has a few thing going for it:
- The locking mechanism might help prevent panic dumping
- It's in the Ethereum ecosystem so it can automatically be used in all protocols that support ERC20
- It's grabs people's attention, if only because of its extravagant creator ("there is no such thing as bad publicity")
- Asia is still sleeping on it. Imagine if they ever FOMO on it.

>>18744976
it's a pump and dump scam

>>18744957
>>18744976
>>18745002
Richard here.

This project was started to solve a personal problem, that is why it's more legit than any other project in crypto right now. As many of you know, I was barely getting by doing hourly magician gigs, you know, sleight of hand card tricks, long ass handkerchiefs, shit like that. I was sinking fast and had been going to my magician gigs hungover. Most of the time I would have to take a flask of bourbon along just to make it thru the gig. One Monday I started, well... continued, a gnarly bender after doing tricks for some rich banker's kid's bar mitzvah. I was so depressed hearing them talk about their parents money I just kept smashing whisky shots and doing insane amounts of blow I got off this gayboi designer I met at some club. We fucking went apeshit man.. when I woke up the next friday afternoon I saw all the ideas we came up with in our coked out frenzy to start an Ethereum token ponzi scheme. I used to be a BTC maximalist before I got into magic so I kinda know the crypto scene. The logo was so good and apparently I promised this gayboi that he would make millions off this logo so he would keep fronting me blow... I don't want to fuck that up cuz he's super hot and I don't get that type of boi pussy as much these days. This shit was fucking pristine too, like sticking your dick in a warm meatloaf. Anyhow, I have to do this thing now so check out Hex and if you are early enough you might make a few bucks, but probably not.

>>18745002
HEX is guranteed to only go up. Before you spread fud, at least take the time to understand pumpamentals.