All content on this website is for information purposes only. Nothing written on this site should be taken as financial advice even though my excitement might make it look like such. It is in no way intended to be investment advice nor should be construed as such. Seek a duly licensed professional financial advisor for advice and help.
I am not a professional financial advisor. I am expressing only my personal opinion. Everything written here is just the opinion of some random guy on the internet. I am in crypto because I believe it is extremely profitable. You invest at your own risk and nobody can guarantee you results.
You must accept full responsibility for your own financial decisions. You must accept responsibility for the losses which occur if you buy HEX and it loses value or fails totally.
You must also accept the opportunity cost in case HEX goes to the moon and beyond after you decided not to invest.
Always carry out your own independent research and verification of facts and data.
HEX is not a security. There aren't actually any coins, they're just numbers in a distributed database. No one is actually given anything. People can execute the code they choose on their own. That changes some numbers in a counter. The code that edits some database values should only be modifiable by valid key holders who've signed a cryptographic message. Other code can be run by anyone if they like.
There is no common enterprise, there must be no expectation of the efforts of a promoter or a third party. There is no expectation of profit from the work of others. People pay the Ethereum network fee to execute computations of their choosing on their own. There is only an immutable compiled bytecode on the Ethereum network. It can't be changed. They're just numbers living on the Internet. The code can do nothing on its own, but sit there. People can run the code if they want to, or not.
Users generate their own keys, no one else has keys to give them. The bonuses don't actually take anyone else's database values, they just add or subtract more or less database value based on the system state.
If you can, learn to code. Otherwise have the smartest coder or computer scientist you can find read over the code you plan to execute.
Blockchains, smart contracts, and Cryptocurrencies: all are cutting edge technologies with risks. Yet small, total failure is possible. Software is hard. Computers are hard. Distributed software on distributed computers is harder. It's a miracle this stuff works at all. Strong cryptography seems unlikely to be broken, but if it is, everything will probably be broken.
Bitcoin Miners run computations and mint their own BTC reward if their computation matches what the network consensus code requires.
HEX Stakers run computations and mint their own HEX reward if their computation matches what the network consensus code requires.
In either network you can run your own code on your own machine. Or pay someone else to run the code for you to mint your reward. In Bitcoin, the code lives in the node. In HEX the code lives in the node at a contract address. Paying a fee is paying someone to run your code.
HEX is not an airdrop or a fork. You mint your own coins when you FreeClaim using BTC or transform ETH into HEX. A wonderful innovation! An airdrop requires someone else control the coins and give them to you. A fork requires that some code exists and be forked.
The Howey Test (https://www.google.com/search?q=Howey+test) defines what U.S. federal securities laws apply to, which the SEC administers.
You must have no expectation of any benefit whatsoever from any ETH sent to the HEX contract or any HEX the origin address receives. You must have no expectation of profit from the efforts of others. You must have no reliance on the effort of others. HEX is just a piece of inert code at a contract address on the ETH network. It can do absolutely nothing on its own. Every HEX that ever exists is caused to exist by a user creating it himself per the rules of the code that he chooses to run. It lives at an Ethereum contract address and people might refer to as HEX, mining his own ETH block or paying an ETH miner to do it for him. Only you can mint your own HEX when you run the "leaveXfLobby" function's code, as it requires your private key. Only you can run the "startStake" function's code to stake your HEX, as it requires your private key. Staked HEX are actually "burnt" or "destroyed". Only you can mint your own HEX when you run the "endStake" function's code, as it requires your private key. The users themselves perform all the work. This is the same way that all BTC are caused to exist, people run the code and "coins" are created when the network's rules are met. Wherever possible you agree there is no investment of money. Wherever possible you agree there is no common enterprise. Charitable Donations may be sent directly to the contract by sending it ETH. If you want to join the AdoptionAmplifier system, you must use joinXfLobby function.
If you try to cheat the referral program by overwriting the code of the person that referred you with your own code, the HEX "User Chosen Software Assister" will ignore it. This means that the last set cookie always wins except in the case that you try to overwrite it with a referral link to your own address in Metamask. The HEX "User Chosen Software Assister" behavior might change regarding the referral links. It could be disabled, or prevent your Metamask address from being in a cookie even if it wasn't overwriting another. Referrals could even go away entirely or be changed. It will be great to see more software built for users to help them run the software of their choice the way they want to run it.
If you've read down this far, congratulations. You will notice that all the above text means that you should have absolutely no expectations of any sort! Regarding anything. If anything goes wrong, you shouldn't look for redress anywhere and you should receive nothing in return. When you send ETH to the contract, you don't get the ETH back. Donations can be made by sending ETH directly to the contract without running the joinXfLobbyfunction. Software is hard. Blockchain software is harder. We're lucky any of this stuff work at all.
Does your wallet support human readable addresses? Test it by tipping some HEX or ETH to:
hexstaking.eth instead of the long address: 0xf81790c1d45c481B80044d6A2C64bfA5FabDF179
Thank you, regardless of size, it would be much appreciated.