Thinking of joining the HEX campaign? Think again.

[mk4]

A signature campaign thread was posted just days ago; specifically, a campaign promoting the cryptocurrency "Bitcoin HEX".

If you didn't know by now, HEX is founded by one of the highly controversial(with good reason) "cRyPtO iNfLuEnCeRs" named Richard Heart.

In summary, it's pretty much just a get rich scheme to enrich the founder. Personally, I wouldn't necessarily dislike the project if it was just created and advertised as a fun experiment, with a 1:1 snapshot of the Bitcoin blockchain. This one though? Nope. Though you could claim these "HEX" tokens by signing a message using your bitcoin wallet, well, the founder conducted an ICO for obvious reasons.. and that's just the tip of the iceberg.

Now, obviously I don't necessarily condone joining signature campaigns(because I'm obviously in one) unless you're a spammer; but you might want to carefully pick what you're going to promote if you were to join one.

If you want to dig deeper:

• https://medium.com/@TooWumboToFail/under-a-hex-396847b86e57 | (Reddit Discussion)
• https://news.bitcoin.com/andreas-antonopoulos-hex-team-offered-me-10-btc-to-speak-well-of-their-token/ | (Reddit Discussion)
• https://web.archive.org/web/20200216042124/https://www.ccn.com/psa-spam-king-web-criminal-crypto-hex-founder/ (shame to CCN for taking this article down)
• https://www.reddit.com/r/btc/comments/79y40b/scammer_alert_you_know_the_narcissist_guy_who/

Happy hodling! (of BTC, obviously), and congratulations.

[1713515504]

1713515504

[NeuroticFish]

If you mean the latest signature campaign, I've read here that it's not endorsed by Richard Heart so it may be a scam.
Also from my (small) knowledge on HEX, even if one tries now to get free HEX now, he'll get under 10% of what he would have received one year ago. Of course one can argue that 10% of 0 equals 100% of 0, but that's another point 

So from what I understand the only ones that'll earn anything would be those offering ref links. But I don't know if/how good will they be able to sell their earning and I somehow doubt that this can cover paying for signature wearers.

But maybe I'm missing something...

[mk4]

If you mean the latest signature campaign, I've read here that it's not endorsed by Richard Heart so it may be a scam.
Also from my (small) knowledge on HEX, even if one tries now to get free HEX now, he'll get under 10% of what he would have received one year ago. Of course one can argue that 10% of 0 equals 100% of 0, but that's another point  

So from what I understand the only ones that'll earn anything would be those offering ref links. But I don't know if/how good will they be able to sell their earning and I somehow doubt that this can cover paying for signature wearers.

But maybe I'm missing something...

Taking a look at their signatures, though I don't see any referral links, it could just simply be a campaign for popularity(and obviously to gain token buyers).

There's more shadiness to this than just the referral links. Take a few minutes and take a look at their website (hex.com).

[hilariousandco]

A signature campaign thread was posted just days ago; specifically, a campaign promoting the cryptocurrency "Bitcoin HEX".

If you didn't know by now, HEX is founded by one of the highly controversial(with good reason) "cRyPtO iNfLuEnCeRs" named Richard Heart.

In summary, it's pretty much just a get rich scheme to enrich the founder.

Aren't all alt coins? Can't say I've heard of this one though or think I've seen their signatures.

[mk4]

Aren't all alt coins? Can't say I've heard of this one though or think I've seen their signatures.

I mean yea of course. But this is a special case of shadiness, multiple times worse in my opinion due to their extra shady marketing; pretty much at the same level of those scammy investment sites.

As for their signatures, I only saw two in this one thread[1], hence why I looked for their campaign topic.

[1] https://bitcointalk.org/index.php?topic=5286807

[SiNeReiNZzz]

Taking a look at their signatures, though I don't see any referral links, it could just simply be a campaign for popularity(and obviously to gain token buyers).

There's more shadiness to this than just the referral links. Take a few minutes and take a look at their website (hex.com).
~

I would give you the well-meant advice not to do it...
I'm almost sure that there are just some people lurking to tag someone red, on the grounds that you would take part in a scam and advertise it. And they might even be right about that...

In addition, this campaign would be so very unclear to me, and I prefer to not apply there at the slightest doubt
So much money it is now also not. Apart from that, the campaign will only last 4 weeks, I think!

[NeuroticFish]

There's more shadiness to this than just the referral links. Take a few minutes and take a look at their website (hex.com).

I don't have to. There were plenty of signals on how shady the HEX project is from the days it was launched. Although it's not proven to be scam or not, I know (for myself) it's just a scheme.
My point was that the signature wearers may actually not get paid at all. And @SiNeReiNZzz point is also very good: they may actually get tagged too.
Especially in the altcoins area people still join bounties head first.  

[slapper]

Nonetheless, there are always people willing to join these types of schemes and then regret. People are ignorant. Even we are ignorant too. We can't erase that in our minds. This is why I am always vigilant, as many projects around the forum have already exited scam. Raise your awareness and be responsible for your own wallet


And for your information, there has been an official campaign on our altcoin board: 🔴[BOUNTY DETECTIVE]🔴HEX SIGNATURE CAMPAIGN $15,000 WORTH OF HEX REWARD POOL 🔴

The thread which was created by a newbie is confirmed as a fake campaign which contains a ref link

I have just made some research. It is quite interesting that this token is listed on coinmakercap and Hex has gained a huge bull recently




Definitely, I will make a deep analysis of this token by myself

[sujonali1819]

In addition, this campaign would be so very unclear to me, and I prefer to not apply there at the slightest doubt
So much money it is now also not. Apart from that, the campaign will only last 4 weeks, I think!

AS I saw the campaign manager said that he/she will start to accept the participants from Wednesday. But this is Thursday did the manager started to accept? I can not see any update from the manager even the spreadsheet. so Just forget about his campaign, It will not run a week IMO,4 weeks is far away. 

Btw there are many participants lately withdrew their application from that signature campaign thread, I think it only for people thought the payment is not secured, not a problem with the project. Because yesterday another signature campaign (token payment), people are joining without hesitation. LOL

[mk4]

I have just made some research. It is quite interesting that this token is listed on coinmakercap and Hex has gained a huge bull recently

https://i.imgur.com/5gV99jC.png

It is going up, at least for now. The thing though is, it has a liquidity problem — a sort of artificial one; because the token holders are incentivized to lock up the funds to earn interest, hence probably why it's going to be easier to prop up the market price. They cant just sell the tokens whenever they want(or use the tokens for anything else lol), because they'll be penalized if they sort of "unlock" the tokens if I remember correctly.

[$crypto$]

In addition, this campaign would be so very unclear to me, and I prefer to not apply there at the slightest doubt
So much money it is now also not. Apart from that, the campaign will only last 4 weeks, I think!

AS I saw the campaign manager said that he/she will start to accept the participants from Wednesday. But this is Thursday did the manager started to accept? I can not see any update from the manager even the spreadsheet. so Just forget about his campaign, It will not run a week IMO,4 weeks is far away. 

Btw there are many participants lately withdrew their application from that signature campaign thread, I think it only for people thought the payment is not secured, not a problem with the project. Because yesterday another signature campaign (token payment), people are joining without hesitation. LOL

It's clear it's FAKE I don't know why newbie accounts do this do they want to cheat with multiple participants?
It is clear that there will be no renewal, he is no longer active and it is impossible to pay large amounts of participants.
An official campaign has been organized by Bounty Detective and he also handled the HEX manager on the previous bounty.

What matters a lot is that HEX is tricking people a lot with some kind of ponzi scheme and some say it won't last 1-2 years at most. Could it be?

I have never held a HEX token out of doubt that many catches here.

[noorman0]

Participants don't care about the identity of the HEX token or anything even though it is hated by the community, because they will get BTC as payment. They don't think it's risky at all about the price of their salary.

But, this will be a new promotional scam concept, free promotions for at least a few days tricking unlimited higher rank participants who are starving with BTC paid campaigns. Scammers create an account on behalf of or resemble a certain project, then opening a signature campaign on the forum with the most expensive BTC payments (who cares) and the admission selection schedule is longer while the project owner doesn't admit that it's official.

Then participants started joining and waking up their sleeping alts to join without hesitation. Start wearing signatures and posting early for a greater chance of getting accepted. This kind of scam only deceives blind people about scam warning, I feel sorry for them but chuckled.

[mk4]

Participants don't care about the identity of the HEX token or anything even though it is hated by the community, because they will get BTC as payment. They don't think it's risky at all about the price of their salary.

But, this will be a new promotional scam concept, free promotions for at least a few days tricking unlimited higher rank participants who are starving with BTC paid campaigns. Scammers create an account on behalf of or resemble a certain project, then opening a signature campaign on the forum with the most expensive BTC payments (who cares) and the admission selection schedule is longer while the project owner doesn't admit that it's official.

Then participants started joining and waking up their sleeping alts to join without hesitation. Start wearing signatures and posting early for a greater chance of getting accepted. This kind of scam only deceives blind people about scam warning, I feel sorry for them but chuckled.

Pretty much. Though I really can't blame them that much(because poverty and all that), but still. Just made this topic as a quick PSA that hopefully they try joining the decently reputable ones instead, and also as a quick PSA for people who doesn't know how shady HEX is.

[hd49728]

Two different campaigns for HEX. One is run by a strange user with payment in bitcoin and with high rates. Another one is run by BountyDetective and payment will be in HEX tokens.

I see many participants wear HEX signature and don't see any tags on them. Only BountyDetective was tagged. Is the campaign accepted by scam detectives? For participants, a neutral tag can be considered.

[nutildah]

Technically speaking, by established norms for determining such, HEX is not a scam. It is, however, a giant shit token, and this picture is all you need to know about what it does. The only thing you can really do with HEX is hope other people buy it at a higher price than you so you can sell it to them. Let's not fool ourselves: this is the case with many cryptocurrencies, but if the end goal of creating something is to profit from it then that thing doesn't necessarily have any value at all.

Its smart contract uses a novel algorithm for generating interest when staking, but other than that it is completely useless.

So, join the HEX sig campaign if you must, but knowing who Richard Heart is and what he's all about, I wouldn't expect any sort of payment in return. Seems like a needless gamble to me, but that's just me.

[Chrystora123]

Two different campaigns for HEX. One is run by a strange user with payment in bitcoin and with high rates. Another one is run by BountyDetective and payment will be in HEX tokens.

I see many participants wear HEX signature and don't see any tags on them. Only BountyDetective was tagged. Is the campaign accepted by scam detectives? For participants, a neutral tag can be considered.

I think it is unnecessary (tag neutral) to the participants of the HEX signature campaign.  I agree with what @nutildah said, HEX is not a scam but shittoken (like many other shittoken).  all we can do right now is just monitoring how the HEX campaign is progressing.  if it ends in disappointment then it is likely that Bounty Detective will get another red flag..

[mk4]

Technically speaking, by established norms for determining such, HEX is not a scam. It is, however, a giant shit token, and this picture is all you need to know about what it does. The only thing you can really do with HEX is hope other people buy it at a higher price than you so you can sell it to them. Let's not fool ourselves: this is the case with many cryptocurrencies, but if the end goal of creating something is to profit from it then that thing doesn't necessarily have any value at all.

Its smart contract uses a novel algorithm for generating interest when staking, but other than that it is completely useless.

So, join the HEX sig campaign if you must, but knowing who Richard Heart is and what he's all about, I wouldn't expect any sort of payment in return. Seems like a needless gamble to me, but that's just me.

Sure, a lot more of a scheme like what NeuroticFish said. Hence why I didn't use the word "scam" even once on the main topic. (take note that I originally posted this in the Meta section, this just got moved by a mod/admin).

As for Richard Heart, if he actually funded a signature campaign, I'd actually think he would pay due to potentially how much money he have made through this scheme anyway. If anything, paying for a campaign might be just pennies for him. But in this industry, he's probably one of the last people I'd like to support.

[Chenqui]

As for Richard Heart, if he actually funded a signature campaign, I'd actually think he would pay due to potentially how much money he have made through this scheme anyway. If anything, paying for a campaign might be just pennies for him. But in this industry, he's probably one of the last people I'd like to support.

Richard doesnt like what people say about HEX here on bitcointalk so he decided to buy that support with money.  Hhampuz just started Hex signature campaign and many others are joining the campaign. Some of them even said in this topic that Hex is ponzi, but when they saw payrate and who is managing it, they changed their mind. What is next, BSV signature campaign?

[mk4]

Richard doesnt like what people say about HEX here on bitcointalk so he decided to buy that support with money.  Hhampuz just started Hex signature campaign and many others are joining the campaign. Some of them even said in this topic that Hex is ponzi, but when they saw payrate and who is managing it, they changed their mind. What is next, BSV signature campaign?

I don't think "support" or changing people's mind is what the HEX people want to achieve here at all. I think they just want to potentially try to convince a small number of people that they could potentially convince to their scheme. That, or just for backlinks and clicks for their links.

[Yogee]

....
Richard doesnt like what people say about HEX here on bitcointalk so he decided to buy that support with money.

I just want to point out that before the latest signature campaign, Richard tried to buy ad slots to advertise HEX here but the forum admin rejected all that.

Hhampuz just started Hex signature campaign and many others are joining the campaign. Some of them even said in this topic that Hex is ponzi, but when they saw payrate and who is managing it, they changed their mind.

I had to enable signature just to see who you're referring to.
They don't want HEX token but they want the BTC paid by the main man behind HEX token?
Perhaps HEX is now loved by the community because it's handled by a different manager?

What is next, BSV signature campaign?

Paid in BTC? Yes why not? hehehe.