Hex.com Ico Review: High Interest, No Minimum & Decentralized Design

Hex.com Ico Review: High Interest, No Minimum & Decentralized Design

About Hex.com

Hex.com is like Bitcoin with a proof of work change. BTC and are analogous. Bitcoin and are peer to peer networks that store and transmit value. In Bitcoin, miners buy mining hardware and electricity from companies. In miners buy from other holders then use time to mine. This is Proof of Wait instead of Proof of Work.

This is an ERC20 token launched on the Ethereum network. This is designed to be a store of value to replace the Certificate of Deposit as the blockchain counterpart of that financial product used in traditional financial markets. This is also designed to leverage off the emerging DeFi (Decentralised Finance) ecosystem in cryptocurrencies within the Ethereum network .Buy Sell

HEX allows a user to stake his or her coins for a share of the new coin issuance, or inflation and contains features designed to incentivize behaviors that encourage price appreciation and disincentivize behaviors that encourage harm to the price. The smart contract penalizes stakers for ending their stake early and rewards them for staking larger amounts of for longer periods.

Token Basic Information

Token NameHex.com
Token SymbolHEX
Token TypeToken, Ethereum
Starting DateDecember 2nd, 2019
Ending DateNovember 20th, 2020
Whitelist/KYCNo
AcceptsETH
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

Keeping Score

Bitcoin mining = staking

Your Hashrate = Your Shares

Difficulty = Total shares

Buying more miners = Share price increases

Block reward = Inflation + Penalties

Network Protection

In Bitcoin total hashrate is value invested in the protocol, it protects against 51% attacks.

In Hex.com Share marketcap is value invested in the protocol, it protects the price against selling.

(staked * Share price = Share marketcap.)

(HEX currently uses ETH for it’s 51% attack protection.)

The Future Of Investing Is Here.

Certificates of Deposit (CD’s) are common investment tools managed by banks. CD’s are used by hundreds of millions of people worldwide, creating a market valued in the trillions of dollars. It has taken the concept of CD’s, added significantly higher average interest rates, removed banking fees, and turned it into a decentralized cryptocurrency.

By locking any amount of Hex you choose for a period of time between 1 and 5,555 days, you “stake” your deposit and gain interest every single day. Average APY is over 40%. Average APY for a bank CD is less than 2%. No central entity, bureaucracy, or overhead, and no bonuses awarded to anyone besides users who stake The. As a simple to use, high interest investment tool, makes you the bank.

Follow These Steps

Install MetaMask.

On a desktop browser install the MetaMask wallet extension from.

Buy ETH.

You can buy Ethereum on Meta mask via the Wyre or coin switch buy button.

 Trade ETH for HEX

Visit ETHHEX.COM, connect your Metamask wallet & trade your ETH for. (always leave some ETH in your wallet to cover gas fees).

Stake it!

To stake your visit go.hex.com , connect your Metamask wallet and stake !

Hex Is Special

The first Blockchain CD

CDs, known as Certificates of Deposit or Time Deposits, are worth Trillions of dollars. CDs are worth more than gold, credit card companies, and cash.

Highest Appreciating Asset

Cryptocurrencies are the highest appreciating asset class in the history of mankind. Bitcoin’s price did 2,000,000x from $0.01 to $20,000 in 7 years.

HEX Removes Middlemen

This is the first cryptocurrency in the world with a chart of its future locked supply. You can see when big stakes are set to expire in the future and plan around them.

HEX’s share price went up 302x so far.

The share price used to be $0.56 and went up to $289.46 so far.

HEX Has Low Inflation

At writing: has a marketcap of $5.4 Billion, rank #15 globally (per Nomics.com, Tradingview, Coinranking and more). Over 300,000 BTC in over 30,000 addresses minted their own using the contract.

HEX pays 40% APY on avg.

Every day stakers earn interest. The stakers make additional interest when people end their stakes earlier or later than they committed to.

Hardware Wallets

Direct Ledger Nano S interface: apphex.win/ledger/ Meta Mask supports both Ledger and Trezor hardware wallets. Ledger Meta Mask instructions | Trezor Meta Mask instructions.

Security Audits

HEX might be the first coin to ever have two independent security audits. It even has a third audit by a mathematician on economics. Chainsecurity.com and CoinFabrik.com are among the top contract auditors in the world. Take a look: The security audit by CoinFabrik.com | Economics Audit by CoinFabrik.com. Chainsecurity’s audit is private. Security auditors are like book editors. The author is the more important part of a book.