H3X is a new community based deflationary token. All the decisions are taken by community by Aragon DAO and hence decentralized. Kevin is the developer who has started this community based project and it’s just 7 days old. The project has working staking model since the launch. The project is gaining lots of traction recently from H3X , HEX,4chan and Reddit community .
On the 4th day of it’s launch it did massive 1000% or 10x rally on a single day showing it’s potential. The current Market cap is about 3.6 Million. HEX promoters like Trevon James got surprised by seeing the community support and Market cap of H3X in his livestream Youtube video. Also he deleted the comments about H3X from his YouTube video. Currently the price is undergoing a correction and might pop out any time soon.
Even HEX OG’s are selling HEX for H3X because of it’s decenralization and new deflationary token model. Even i have personally sold all my HEX bags for H3X.There is a lot of support coming from 4chan as well. The best part of H3X is dividends. For every transaction 10% tokens will be burnt and will be distributed to H3X stakers as dividends. When you Unstake your 10% of tokens will be distributed to rest H3X stakers. When someone buys and sells, stakers gets 10% as dividends. So basically whatever may happen if you stake you gain dividends every time.
So to sum up i was being sneakily observing this H3X community for a while and found it has lots of potential to gain in upcoming days with the strong community, deflationary token model , decentralized devlelopment and voting model. There is also sound from FUD’s claiming this is using similar logo of HEX but as the HEX founder haven’t approached the team to change this will be continued and rebranding is also in mind of the community which may take some time.