I've been receiving a lot of passionate messages from people about HEX, telling me that I don't know what I'm talking about. So, I did a search on OpenAI to find out if HEX was a Ponzi scheme. To my surprise, it told me it wasn't. 😮 I don't claim to be a crypto genius, but when I see their website claims...
🔎 HEX mining averages 38% returns a year.
⌛ 3+ Years of flawless operation.
💰 You mint your own rewards, no middlemen or minimums. (Mining HEX doesn't require any hardware or electricity!)
💲 10,000 HEX used to cost 57 cents. Now they cost $227.
So, here's my take: if it involves crypto multilevel marketing, it's a scam. The fact that this company is only three years old seems like a bold statement. However, it's right in line with other Ponzi schemes like CashFX, NovaTechFX, and WEWE Global. Without more research, I'd say it's too good to be true, and my gut feeling says it's a scam. 😕
Over the last three days, three people have contacted me, telling me I don't know what I'm talking about regarding HEX. The same thing happened when I was exposing HyperVerse. It seems like these organizations have many accounts that shut down people trying to expose them. 🚫 It appears to be a pattern. I think better in patterns, and I never claimed my way was the only way,
I'm very entrepreneurial, and I believe in selling a product or service for a profit and putting your money in the bank. It makes life a lot simpler than staking your money with a company that only has three years of history. I haven't done an in-depth dive on HEX because it takes a long time. 😅
But here's the thing: I'm here to name and shame anyone running a Ponzi scheme or a scam. I'm not here to help people find investment opportunities. So, I don't really want to publish anything that looks legitimate because I'm not a financial adviser, and I don't have enough knowledge about crypto.
However, a few knowledgeable people have told me not to invest in any other crypto besides Bitcoin. ⛔
Bitcoin is limited to 21,000,000 tokens or coins, as you call them. All the other cryptos can simply create new tokens or coins at any time. What concerns me about HEX is that it offers unrealistic returns for people's investments, doesn't seem to have a product or service, and of course, the other side of it is...
They pay a 20% commission to people who introduce new participants. So, remember, anything related to crypto and multilevel marketing equals a scam. I truly believe that this is one of the shadiest investments you could get into. ☠️
All the other arguments like "never invest money that you are not prepared to lose" just make me gag. It's a ploy they use to build trust with people. Another thing I discovered is that the guys who started HEX, Richard Heart, are not even using their real name (Richard Schueler). As far as I'm aware, they don't seem to have offices, nor are they a registered business. Are they declaring income? Do they pay their taxes
There's a real ScamDemic going on at the moment, with billions of dollars lost to crypto scams. 😡
I'll do some investigation on HEX, but I'm not here to promote a crypto opportunity that I feel will vanish one day. Give me your thoughts, and I'll conduct an investigation. Please share your experience with me at https://www.dehek.com/contact/