What is the next crypto that will make 10,000X? In this video, we're going to share with you one of our favorite cryptos that we believe can help you multiply your money exponentially.
The project we are going to talk about in today's video is HPX, and it will be launched on PulseChain. We're going to talk a little bit about this project, discuss how you can get into this project early, and share with you our overall thoughts on whether or not this project is worth investing in. As usual, watch this video till the end, so you don’t miss anything.
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Now, let's get started.
Hpx is a marketplace for NFT trading based on the PulseChain network.
Actually, for those who don't know, Richard Heart will soon be forking Ethereum. That means, all the copies of the tokens that are currently available on Ethereum will end up on PulseChain. And all of Ethereum's NFT collections will be in one place. All your favorite NFT collections, including BAYC, Crypto Punks, Doodles, etc... will be available on Hpx.
According to their website, Hpx will have an auto-swap system where users will be able to buy their favorite NFT listed for Pulsechain (or pHex, PLSX, and USDL) using $Hpx and benefit from an incredible reduction in commission fees.
If person X decides to put his nft up for sale for 10,000,000 PLS person Y will be able to buy it back with our $Hpx token using 0% commission. The savings on this transaction is 222,222 PLS. And will be subject to a commission of 0.29% through the PulseX system
Hpx is the core of popularizing PulseChain. They increase the value of the entire network by providing a stable tool for exchanging value and helping populate the Pulse network in the NFT space.
The $Hpx will be used as one of the four different trading methods, which will be the only one to get the x10 commission cheaper than the other trading methods.
So, if you buy NFTs using HPX, you will be charged only 0.222% instead of the usual standard commission of 2.222%. And many NFT trading platforms use this percentage. It's like competition in the market. And so, they say that if you use their token to buy NFT, you will save a lot of money. Using hard numbers, imagine you want to buy an NFT that costs $1000. Using their $Hpx token, you will only be charged $2.22, which is much less than the $22.2 you are supposed to pay in fees. That's really great. However, Pulsechain, pHex, PulseX, and the USDL will be available as well for NFT trading methods. Once the trade is completed, they will be committed to a 2.22% commission fee.
It will also be possible to stake $Hpx tokens.
100% of the commission earned in PLS, PLSX, and USDL will be given to $Hpx stakers. By staking it, you're becoming a stakeholder of Hpx company. The more $Hpx you stake, the more PulseChain, PulseX, pHex, and USDL you will earn, which is absolutely awesome.
So HPX is going to be deflationary. Once someone bets $Hpx, 0.111% of their coins are burned. So, if you decide to bet, it's going to get burned and that's going to cause a decrease in the overall supply of tokens, causing a reduction in tokens with a possible increase in price.
In addition to bringing something new to the PulseChain blockchain, HPX has a real use for Pulsechain.
Indeed, by making Pulsechain, PulseX, and pHex a pay-per-listing method (which no other pulse nft marketplace has done), HPX increases their prices exponentially.
Imagine this, if someone wants to buy an NFT listed by pHex, Pls, PlsX, they will be forced to trade them or buy them, in order to pay for their favorite NFTs. And above all, there will be more than 20,000,000 NFTs available on Hpx! That's almost x100 more than all p-erc-20 available on PulseChain!
They have made a graphic on their website to show the potential of the $HPX token, and more importantly its usefulness. We invite you to take a look at it afterward. You can stake $Hpx, and earn PLS, pHex, PLSX, and USDL tokens daily as rewards.
Now, like most projects coming to PulseChain, the sacrifice phase of this project is underway right now. To participate in the sacrifice, simply go to the site, then send your tokens to the address listed. You can check the site for a full list of the tokens that are being considered.
The total amount that has been sacrificed is over $100,000 at the time of this recording.
To reward their first sacrificers, the team has created a bonus for them, the earlier you sacrifice, the more points you will earn!
The Total supply will be determined once the sacrifice phase will be done.
Another way to get Hpx tokens is through an airdrop.
If you provided your address above and you own or have sacrificed one of these projects, you will receive a $Hpx when the PulseChain main network goes live. The selected projects are Hex, Pulsechain Hedron Maxi PulseX Phiat LiquidLoans Icosa Hurricash.
Now, to know the amount of $Hpx token you will receive, you have to multiply the amount in $ of the mentioned projects by 5.55. So, if you sacrificed $100 USDT, you will get 555 $Hpx. The snapshot will take place once the sacrifice phase is over.
So, regarding the Airdrop, you just need to share your address in order to receive the tokens.
They only need the public address of your Ethereum wallet, so there is no chance that your wallet will be hacked.
Overall, $Hpx will be used as one of the payment methods on their marketplace which will benefit from a 0.222% commission on their platform for the buy and sell of NFT.
100% commission earned by the Hpx platform will be given to $Hpx stakers. $Hpx stakers will be receiving pHEX, PulseChain, PulseX, and USD every day as a reward for staking their crypto.
You can provide only $Hpx that you hold and earn yields. This is less risky than trading and allows you to earn predictable income on your crypto. Cryptocurrencies have the highest yields in the world, far exceeding those of other asset classes.
Hpx claims to have the Best Tokenomics in The Entire PulseChain Ecosystem.
The problem with tokens like the cake swap where you earn yields is that you receive rewards in the same token you put into the yield farm, which causes users to sell them in the future. $Hpx prevent that. Your rewards will be in different cryptocurrencies.
According to their website, if the sacrifice phase gets over million dollars, they will introduce a buy & burn feature to help $Hpx increase in value even more. And none of the tokenomics mentioned above will get affected.
Now, do you think this project can make 10 000X? As usual, share your thoughts and opinions in the comment section below.
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