Bounty 100 STEEM: Analyze HEX.win. Is this a working Ponzi?
I just stumbled over HEX.win today.
They are launching a crypto that will launch on Dec 2. with a year long ICO and airdrop combo.
It looks to me like a join of game theory and Ponzi.
On a first analysis (after one day) it looks like something that could work.
I am interested in your analysis on the economic and viability of the project and of course the token overall.
On Dec 2 I want to know if to invest and how much. Help me in understanding analyzing the economics and token model.
Does it make sense as an investment?
I want your analysis; for it I pay with this bounty
Go!
@knircky has set 100.000 STEEM bounty on this post!
Bounties let you earn rewards without the need for Steem Power. Go here to learn how bounties work.
Earn the bounty by commenting what you think the bounty creator wants to know from you.
Find more bounties here and become a bounty hunter.
Happy Rewards Hunting!
Congratulations to the following winner(s) of the bounty!
Find more bounties here and become a bounty hunter.
Find more bounties here and become a bounty hunter.
Find more bounties here and become a bounty hunter.
Find more bounties here and become a bounty hunter.
Since there are no answers with responses so far ,here are my thoughts:
@knircky, In my opinion this Project is trying to shift the focus from the Bitcoin Miners to Bitcoin Holders. At this moment it sounds complicated.
Nowadays every Project reflects eye-catching and that's the beauty of this space. But Research and Awareness is needed to take sensible steps.
At the end of the day it's Individual Perception and Understanding.
Have a wonderful time ahead and stay blessed.
Usually I would ask guys like you for such an analysis. No idea - but lemme dive into this and give you advise soon.
I look forward to it
As a non expert and seeing the background I would say - go for it. They play the honest card in a ponzi scam crowded business so at least will get their attention playing the "scam" card. I am not in danger as no floating budgets available but I would try a little one and get some free ones. Heart is a convincing guy as speaker for that.
Summarized - it is for sure a pyramide / ponzi scheme and you have to be quick! If you hold BTC get this Airdrop money and we will see. What I miss or maybe did not see - what is the actuall business model and value behind?
Yeah I think it's legit as any other fork. You see it says if you have Bitcoin you will receive HEX! Thanks for the reminder!
I believe Richard Heart is behind HEX, formerly Bitcoin HEX— aside from that name change I’m not sure if anything else changed regarding the tech behind the project.
It may be ponzu—ish but I don’t think it is one. Out of the many crypto influencers, his logic is usually sound and enlightening. Always learn something from his interviews and lectures on tokenization.
With that said, aside from not seeing why/how it plans to compete in the ‘currency’ space (only con) it seems like a worthy high-risk investment. That’s not advise btw 🙂
Cheers 🍻 !BEER
Posted using Partiko iOS
I think you can just invest a little part (you will don't use normaly) in this project like this if the project work you win a little part and if the project knock down you lose a very small part. But for me, I prefer don't invest in a project using Ponzi because it's iregular and it's not stable in futur.
Hi, @knircky!
You just got a 3.33% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
A fool and their money are soon parted.
The first rule that I follow: Don't buy anything that you don't understand. When it comes to Bitcoin, I get it. Steem? I get it. Ripple and Stellar? I get those too. Ethereum? I used to get it, but not so much anymore given the fruit that it has produced.
If there's a chance that Hex is a scam, then it probably is. It reminds me a lot of bitConnect, but with soundbytes and catch phrases thrown into its selling points to make it sound legit.
Going to investigate and let you know what I am thinking.
Posted using Partiko Android