Seems to be unusually quiet no tweets for 24hrs from what I can see wonder if this is because of the HEX mob???
Might be totally jumping to conclusions, but reckon the media team (by definition of being involved with the internet/twitter etc) will be far more aware of the implications than perhaps some others within the club. I would expect a number of issues to be flagged through them and them to be more cautious online with what they are currently posting.
How's the new sponsorship deal going? Yeah good. Well, a couple of teething problems. The colours in Hex's logo clash violently with the Red of the shirt. Everyone, including Hex, agree it was a mistake and we should have gone with a white logo, but it's gone to the printers now, so... You live and learn. And wait until you see it on the away kit! Oh, and it's too big on the shirt. Like breaking the rules too big. Like Waaaaaaaay too big. So we'll get fined for that. Hopefully the money we receive from Hex will cover the fine. We haven't got the money yet, it's linked to the performance of Hex over the next 12 months, but with the returns they're promising it should just about cover it. Before tax. Let's just hope the Hex value doesn't go down! We could end up owing them money! Ha Ha. Actually, to be serious for a minute, we really could. Oh, and all our fans using Twitter are being systematically harassed by Bots and Hexicans. Sound like Star Trek doesn't it? Ha Ha. It's not, it's really quite sinister. And we've had to shut down our social media presence as if we post anything, and a Barnsley Fan replies, they become a target of those Hexibottom things. So that's not ideal. And some of the predictions by those who purport to be investors in the sponsorship deal appear to be a little optimistic. We make about a tenner on a shirt. In order to generate £10 million in revenue we'd have to sell a million shirts. We hope to have a new shirt out by next May. If we want to sell a million shirts between now and then we'd need to do over 4,000 every day. Not sure Gladys in the club shop can cope with that. And it would require 350% of Puma's entire annual output form all their production plants to fulfill. And it's over 100 times more shirts than there are Hex investors. But other than that. And the views they express appear a little, well, I'm not really sure what a 'thirsty gay' is, but if there are any out there, I'll happily stand them a beer. Like I said, a couple of teething problems, but it's mostly going well. Mostly.
Is it just me that has no clue who they are or what they actually do ?!? I feel a bit out of the loop. I'm not usually but it seems this has passed me by well over my head.
Depending on who you ask, they're the leading brand in the ‘new economy’ or a set of scumbags - I know what definition my digital currency's on.
From what little I've seen it seems that to get any Hex you have to buy Ethereum (a type of cryptocurrency) and then exchange that for HEX (people who held Bitcoin before 2019 can exchange that instead). You then 'stake it' for a set period of time (basically like a fixed rate bank account where you lock it away for a minimum number of years), up to 5555 days. If you take it out before the time is up, there are severe 'penalties' (can be up to 100% of the amount staked). Some of the penalty that is applied to people who take it out early is shared out amongst the other stakers. Once the end date arrives, you've got 14 days to end it and mint your coins otherwise you get a 'late penalty'. Your minted coins have whatever value they are worth at that point, it could be less than you put in, it could be more. *There's another bit about Good Accounting and burning shares but I don't get that bit.
I suspect they may have had to shelve all the pre-drafted content for tonight's game, talking about all the HEXcitement that's been building aHEXead of tHEXe game with MiddHEXlesbrough.
I think that's basically it. Decentralised finance, known as yield farming. A massive casino in the already casino-esque world of crypto. My mate dabbles in this a little bit. He made around $20,000 from a $500 stake in a few weeks, but then lost the lot in another month. Proper Wild West stuff.
That's a bit harsh, seeing as I'm probably the only other person you know who collects chess sets as a hobby!
