HEX & PulseChain Review — The Hilarious Collapse of Richard Heart’s Empire (HEX Scam?)

Some crypto projects promise innovation.
Others promise revolution.
And then there’s HEX and PulseChain — which promise financial freedom the same way late-night infomercials promise abs in 7 minutes.

Welcome to the HEX & PulseChain circus, where:

• Glittery jackets = credibility

• Infinite token printing = “decentralized innovation”

• The word Ponzi is considered hate speech

• And the community calls themselves HEXicans, unironically

What started as a promise of “blockchain-powered certificates of deposit” slowly mutated into one of the wildest soap operas crypto has ever seen — complete with a fake NASA genius, a meltdown livestream, unlimited money printing, and a token called pDAI that was supposed to “peg to $1”… but pegged some people’s wallets instead.

Grab popcorn. This is your HEX & PulseChain Review, written before everything disappears into blockchain history like your uncle’s dog-themed altcoin.

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**Who Runs the Project?

(Aka The Man, The Myth, The Glittered Tracksuit)**

The star of this saga is Richard Heart — real name Richard James Schueler — a man known for:

• Promoting HEX as the greatest financial vehicle since sliced Bitcoin

• Livestreaming from gold-plated rooms

• Wearing outfits that would make Liberace blush

• Owning 95% of his own tokens and still convincing people it’s “decentralized”

HEX launched with a self-proclaimed 10,000x potential.
PulseChain was pitched as Ethereum 2.0 but faster, cheaper, and better for HEX bags.

But authorities saw something slightly different.
Richard Heart is now under investigation by the SEC, possibly Interpol, and the entire internet’s sarcasm reserves.

While HEXicans still worship him like the Satoshi of Bedazzled Fashion, Richard has fallen silent online — and every tweet is now treated like a prophecy:

“He tweeted a coffee emoji. He’s signaling Starbucks x PulseChain partnership. It’s happening.”

No, Chad. What’s happening is called copium.

What Are HEX & PulseChain Supposed to Be?

According to the marketing:

HEX = a magical blockchain Certificate of Deposit.

You lock HEX. It prints more HEX. Your bags get fatter.

Until… gas fees on Ethereum during the 2021 bull run made unstaking HEX cost thousands of dollars.
(Some people literally couldn’t sell even if they wanted to. Trapped in staking jail.)

So Richard launched PulseChain — a full fork of Ethereum, chain state included.

Every contract was copied. Even MakerDAO.

That’s where things went… full comedy mode.

The pDAI Peg Disaster (a.k.a. “Peggening”)

Since all Ethereum contracts were forked, some HEXicans noticed that MakerDAO also existed on PulseChain — including a fake version of DAI called pDAI.

Suddenly, rumors went full gospel:

“Richard will fix the MakerDAO contract and peg pDAI to $1.
We’re early. This is the next USDT.”

Price shot from $0.01 to $0.03, and dreams of “the peggening” began.

Yes. They actually called it “the peggening.”

But here’s the punchline:

👉 The pDAI contract allowed someone to mint infinite tokens.

They printed tens of millions, dumped them for other coins, bridged to Ethereum, and escaped with the loot — like a hacker speedrunning GTA with cheat codes.

The Glitter Shirt Guy (Maria Meltdown Live)

Enter: Maria — real name James Ellis Osborne III — a self-proclaimed NASA collaborator and wielder of “true randomness technology.” He became the hero of the HEX crowd… mostly because he also wore glittery outfits like Richard Heart.

Then pDAI started collapsing.

Maria’s response?

He went on livestream, dumped $300k of pDAI, had what looked like a psychotic break on-air, and claimed:

• DAI is a counterfeiting scam

• His family rifle was stolen from his aunt’s house in Kentucky

• He was seeking asylum

• He was being hunted for his crypto brilliance

HEXicans watched in real-time as their stablecoin prophet melted down faster than a Binance Server during launchpad day.

Community Reaction: The Hardest Cope in DeFi History

Even as PulseChain (PLS) cratered beyond recovery — influencers kept calling it “a generational buying opportunity.”

Some claimed an Ethereum whale is about to deploy $330M into PulseChain.

Others said Gary Gensler secretly loves HEX.

One guy swore he received a prophecy in a meditation session that PulseChain will run the world banking system.

pDAI still trades at meme levels.

HEX is down over 98%.

PulseChain adoption is flatter than Richard’s legal defense fund.

And yet…
they still tweet “we’re early.”

At this point, we may need a new SEC category:

“Emotionally-invulnerable delusion-based asset class.”

PROS and CONS

FINAL VERDICT — Is HEX/PulseChain a Scam?

It’s either:

• A misunderstood financial masterpiece
  OR

• A $1B educational comedy experiment in overconfidence

Either way, one thing’s clear:
👉 This is not where smart money goes.
👉 This is where popcorn goes.

If your investment thesis is:

“He wears shiny clothes and tweets rocket emojis — I trust him.”

You’re not investing.
You’re speedrunning the ‘RugPulled’ category on Twitch.

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