Your keys.
Your decisions.
Self-custody matters to us. We value being able to hold assets and interact with contracts through our own wallet, without handing custody to a trading platform.
Understand the wallet →CIX369 · Our conviction in HEX & PulseChain
We stand behind Richard Heart and remain invested in HEX, PulseChain, PulseX, INC and ProveX. Self-custody, useful products and the community around them are at the heart of our conviction. Here are our reasons, our original posts and the opportunities we’re watching.
OUR CONVICTION. OPEN SOURCES. YOUR OWN VIEW.
01 / Our conviction
For us, this is personal: the ideas we value, the people we have met and the work we want to contribute.
Self-custody matters to us. We value being able to hold assets and interact with contracts through our own wallet, without handing custody to a trading platform.
Understand the wallet →HEX’s published design centres on an immutable contract. That appeals to us: understand the rules before choosing a commitment. Network, interface and bridge risks still need separate scrutiny.
Read HEX’s project description ↗We are proud to be part of this community. Sharing knowledge, building useful tools and helping each other understand the ecosystem are how we choose to support it. Lasting use and deeper liquidity are what we want to see next.
What we’re watching →“Because we believe in a better, decentralized future.”
In the original posts, CIX369 describes a concentrated personal commitment to pHEX and exposure to INC and PLSX. That is his historical positioning, not an instruction for readers to copy it. Read the original words alongside today’s context.
Open the original posts ↓CIX369 / Investor notes
My strongest conviction is in pHEX, eHEX, ProveX and INC. I see a compelling opportunity in the gap between the ecosystem’s current reach and what simpler access, wider exchange distribution and renewed attention could bring. That is why I remain invested — and why I’m documenting the thesis.
Using a wallet, choosing a network and finding liquidity creates friction for newcomers. These assets already trade on decentralized exchanges. My opportunity thesis is about wider centralized exchange availability, simpler onboarding and the demand that easier access could unlock.
Understand today’s routes →A verified legal development, renewed streams and broader exchange distribution could reinforce one another. That is the positive sequence I’m watching. The test is what follows: new users, sustained activity and deeper liquidity, rather than attention alone.
See the catalysts I’m watching →ProveX interests me because its project describes payment proofs, peer-to-peer settlement and token burns linked to use. I want to see that translate into repeat use and integrations. A mechanism becomes a stronger investment thesis when demand shows up.
Read the project’s description ↗My scenario map
A confirmed release, renewed public communication and easier access could reinforce one another. That is a sequence I consider as an investor. Its timing, likelihood and market effect remain uncertain.
A confirmed release or another material legal outcome could change sentiment. I would first check the actual decision, then watch how attention and liquidity respond.
Direct communication could reconnect the community and explain the products to new people. I would look for substantive updates and engagement that lasts beyond the first stream.
New exchange listings, wallet integrations or simpler funding routes could reduce friction. I would check which asset and network are supported, whether deposits work and how much executable liquidity follows.
Starting point: Anadolu reported the minister’s confirmation on 17 Oct 2026 of detention in Istanbul on 14 Oct. This dated report does not establish a later custody outcome. No release, stream schedule or new listing is confirmed by this scenario map.
I use early Bitcoin as a way to think about friction: an unfamiliar buying process can keep people away. That does not make every difficult-to-buy asset “the next Bitcoin”. For this thesis to work, easier access needs to meet real demand.
Reuters reported Changpeng Zhao’s release on 27 September 2024. I study events like this for shifts in attention. It does not establish that a release caused a price rise, or that Richard Heart’s situation would have the same outcome. The legal circumstances, assets and market conditions differ.
Attention that fades, no improvement in access, thin liquidity, weak repeat usage or prolonged uncertainty. I’m interested in a positive sequence, but each step has to earn its place in the thesis. These assets can lose their entire value.
From my earlier sacrifice-phase note
My earlier note compared the participation dynamics with PulseChain and PulseX. I was drawn to a different market mood, the exclusion of core ecosystem assets described in that note, and the idea of replacing intermediaries with proofs.
My position at the time
“I’m not saying it will work. I’m saying I personally like the setup.”
In that post, I described sacrificing $250k for PulseChain and $1.1M for PulseX, with ranking central to my approach. For ProveX, I wrote that I was aiming for a top 10–20 position.
These are my historical statements and an intended rank, not an independently verified ranking or a record of realized returns.
In my interpretation, excluding HEX, PLS, PLSX and INC changes which capital can participate. It raises a useful question: how much comes from outside the existing ecosystem, and how much is rotated from it?
I also saw limited enthusiasm as a reason to look more closely. Low attention can create overlooked opportunities, but it can also reflect weak demand. What interests me now is whether the product can turn that early thesis into measurable use.
Read the original project announcement · 7 Nov 2025 ↗The macro timeline. The Fed announced on 29 October 2025 that securities runoff would stop on 1 December. The announcement linked in my post is dated 7 November — nine days later, not two. Timing is part of my research; it does not demonstrate coordination.
The 2019 comparison. The Fed ended runoff from 1 August 2019, before HEX’s December launch. Those events were not simultaneous.
The roughly $5.9M figure. My original note quoted an early sacrifice total. It is an historical observation from that note, not a current figure, market capitalization, fully diluted valuation or price floor. Sacrifice totals and token market caps cannot be used interchangeably.
The ranking goal. “Top 10–20” described what I intended to do. I am not presenting it as a verified final result. The original note’s publication date and quoted sacrifice total have not been independently established here.
Project naming. The linked 7 November announcement used “MrProve” and “PrivateProver”. The current project website uses ProveX and identifies its token as PRVX. The original link is retained so you can read the language used at the time.
The rankings domain was unavailable during this review. No current total or rank is inferred from it.
This research is growing
I’m preparing further posts on HEX, PulseChain, PulseX, INC and ProveX, with original material, catalyst updates and the evidence behind my conviction. This page is a work in progress.
02 / Understand the ecosystem
Choose a token to understand its role, our interest and the questions worth asking. Then explore the live markets below.
pHEX / HEX on PulseChain
HEX on PulseChain is separate from HEX on Ethereum. The shared name does not make balances, liquidity or prices interchangeable.
This is the asset at the centre of CIX369’s archived all-in thesis. Lower-cost interaction and the surrounding PulseChain community are part of his interest.
Check liquidity, actual use and commitment mechanics. A strong community alone does not establish future returns.
eHEX / HEX on Ethereum
eHEX is the name commonly used to distinguish Ethereum HEX from its PulseChain counterpart. Confirm the chain and contract before using a wallet or chart.
HEX’s fixed contract design and self-custody are central to our view. Each chain deserves its own assessment.
Ethereum fees, market depth and lock-up conditions matter to the practical experience.

PLS / PulseChain
PLS pays transaction fees on PulseChain. The price chart below uses a wrapped-PLS pool as a market proxy; wrapped PLS is not the asset used directly for gas.
A usable network is the foundation for the ecosystem. We’re interested in what people can actually do on it.
Look for repeat activity and reliable tools, not just a rising token price.

PLSX / PulseX
PulseX is a decentralised exchange on PulseChain. PLSX is its token; PLS is the separate asset used to pay network fees.
Accessible swaps connect the ecosystem. Our interest includes how exchange activity relates to the token’s mechanics.
Read the current protocol mechanics. Trading volume is not automatically income for every token holder.

PRVX / ProveX
Using ProveX and acquiring the PRVX token are separate actions. Check the official app for current supported routes and availability.
CIX369 is interested in easier movement between traditional payment methods and crypto. The archived beta discussion expresses that thesis.
Test actual availability and use. App adoption alone does not prove demand for the PRVX token.

INC / Incentive Token
INC is the PulseX incentive token. Buying INC, providing liquidity and farming are different activities with different exposures.
INC and farming feature in CIX369’s original ecosystem thesis. Incentives are interesting when paired with genuine trading activity.
Compare emissions, reward demand and liquidity. Farming adds exposure beyond simply holding a token.
CIX RESEARCH · THE ECOSYSTEM AT A GLANCE
Follow the price. Explore the chart. Check the source.
PulseChain · Gas token
PulseChain · PulseX
PulseChain · HEX
PulseChain · ProveX
PulseChain · Incentive
Ethereum · HEX
Connecting to market data…
Prices, 24-hour changes, market-cap estimates, fully diluted valuation (FDV), liquidity and volume: DEX Screener. Historical closes: GeckoTerminal. Liquidity and volume refer to the selected pool, not the entire token ecosystem. Market cap and FDV use the provider’s methodology; no custom Origin Address exclusion is applied. Supply, holder totals and all-time-low returns are omitted because they require separate verified datasets.
24H uses 15-minute candles; 7D uses hourly candles; longer periods use daily candles. 24-hour changes come from DEX Screener. Other percentages compare the first and last available chart closes. A young pool or a limited source history can provide less than the selected period; open the full chart to see the exact dates. Times are UTC. Prices refresh every 90 seconds while this section is visible; historical data is cached for 4–60 minutes. Older data is labelled; missing values show a dash.
PLS uses the WPLS/DAI pool as a price proxy. Native PLS market cap and FDV are therefore left blank. HEX is on PulseChain; eHEX is on Ethereum. The same symbol on another network is not interchangeable. These charts show market data, not executable trade quotes.
Visual reference: PulseChain Stats. Built for CIX with independently fetched market data.
03 / Our market analogy
CIX369’s thesis: a legal catalyst can change attention before lasting demand becomes clear. The chart comparison is a starting question, not a forecast.
13 July 2023: the court’s summary-judgment decision. This is the event discussed in the archived XRP chart, not the date the entire action ended.
7 August 2025: dismissal of the cross-appeals resolved the SEC action. The $125,035,150 penalty and injunction remained in effect.
28 February 2025: the court granted the motion to dismiss the SEC complaint on jurisdictional and U.S. transaction/conduct grounds, with an opportunity to amend.
21 April 2025: the SEC said it would not amend. This was a significant litigation win in that action, not a trial verdict endorsing the tokens.
Read the documents & timeline ↓We’re interested in whether attention turns into adoption, liquidity and easier access. Similar-looking price moves cannot establish that HEX will follow XRP, or that a rally arrives one year after a legal event.
The original words / CIX369 archive
Original posts supplied by CIX369 preserve the thinking at the time. The pHEX Telegram screenshot supplied for this update shows 9 November 2024; dates for the other images are not established. These are personal views and forecasts to compare with what happened next.
Archive context: references to a future Gensler departure, unresolved legal cases and possible listings belong to the original prediction. They are not current status updates. Historical return and listing claims in this screenshot have not been independently verified here.
Open the full original image ↗Archive context: “won the case” is the post’s shorthand. The legal outcomes differ, as explained above. Its +99% and +83% figures describe selected chart windows; they are not audited portfolio returns or independently reproduced calculations on this page.
Open the full original image ↗Legal evidence / U.S. civil action
Case 1:23-cv-05749, Eastern District of New York. The sequence matters.
The SEC alleges unregistered offerings and fraud involving Heart and the projects. These were allegations, not findings of liability.
SEC — Complaint announcement, 31 July 2023 ↗The order addresses insufficient grounds for personal jurisdiction and, independently, the complaint’s failure to adequately plead the domestic transactions or conduct required for the U.S. securities-law claims. The court allows an opportunity to amend.
Court order, 28 February 2025 — reproduced by Midpage ↗In a filed letter, the SEC informs the court that it does not intend to submit an amended complaint.
SEC letter filed 21 April 2025 — court-document PDF mirror ↗Calling the dismissal a significant litigation win is reasonable. Calling it a trial verdict clearing every allegation, SEC approval of the tokens, or proof of investment safety would go beyond these documents.
Scope: the linked U.S. complaint, dismissal order and SEC letter. This is not a comprehensive current docket search or a statement about every proceeding in every jurisdiction.
Editorial analysis / hypotheses to test
What would strengthen our view
What would challenge our view
The person / The film / Your perspective
Meet the personality behind the projects. Start with the documentary, then follow the sources and form your own view.
Documentary / Richard Heart & HEX
The 2023 documentary follows Richard Heart and the world around HEX, bringing supporters and critics into the story. It offers a way into the people and the debate.
Directed by Patrick Moreau & Grant Peelle · 93 minutes · English
A film captures a perspective in time. Pair it with the project mechanics and the later court documents below.
The next research pass
Record the chain, pool, quote asset, date and trade size. Compare slippage rather than combining incompatible HEX quotes.
Study recurring usage, fee activity and application retention. Distinguish trading churn from useful activity.
Track dated technical releases and new court filings. Revise the thesis when new evidence contradicts it.
CIX learning route / PulseChain essentials
Begin with the basics, then choose what you want to explore. Our summaries and project guides sit alongside the original PulseChainStats video tutorials.
Wallet
Install from MetaMask’s official download route. Choose your recovery method deliberately; never enter a recovery phrase into a guide or a support chat.
Watch original video ▶ ↗Current MetaMask instructions →Video: PulseChainStatsNetwork
Check the network details against PulseChain’s own site. Adding a network or a token display does not deposit any funds into your wallet.
Watch original video ▶ ↗CIX network & gas checklist →Video: PulseChainStatsFunding
Check the source chain, destination, token and fees before signing. Keep gas available on both sides; a bridged token is not automatically native PLS.
Watch original video ▶ ↗Compare funding routes →Video: PulseChainStatsSwap
Verify the token contract, the amount you receive and the wallet permission. Leave enough PLS for fees and inspect the completed transaction.
Watch original video ▶ ↗Choose a token guide →Video: PulseChainStatsExplore
Use a public explorer to check a transaction’s status, sender, recipient and token contract. A matching logo alone does not establish a token’s identity.
Watch original video ▶ ↗Open the PulseChain explorer →Video: PulseChainStatsAdvanced / optional
Learn how a pool holds two assets and earns fees. Compare the result with simply holding the assets; changing prices can leave a liquidity position worth less.
Watch original video ▶ ↗Read the protocol overview →Video: PulseChainStatsAdvanced / optional
Learn what depositing LP tokens does and where rewards come from. Check the specific pool, permissions and exit process; reward-token prices and rates can change.
Watch original video ▶ ↗Read about PulseX incentives →Video: PulseChainStatsTutorial discovery & original videos: PulseChainStats — Getting Started ↗. Videos open at their original source. CIX wrote the summaries and learning route; no affiliation is implied. Video interfaces can differ from today’s apps, so check the current official instructions before acting.
The practical side / free guides
Four original CIX walkthroughs cover PLS, pHEX, ProveX (PRVX) and Incentive Token (INC). Start with your network and wallet, then choose the asset you want to understand. Read for free, without an account.
This walkthrough
PulseChain network · native PLS for transaction fees. The steps below cover HEX on PulseChain.
A separate asset
Ethereum network · native ETH for transaction fees. This is not the asset bought through the PulseChain route below. A matching ticker or contract address alone does not identify the network.
Guide 01 / PulseChain
PLS is the native asset used to pay PulseChain transaction fees. Adding the network to a wallet does not fund the wallet.
Download MetaMask from its official website ↗ or choose another PulseChain-compatible wallet. Set up recovery using the wallet’s own instructions. Never enter recovery words into CIX, a swap website, a form or a support chat. Read MetaMask’s security guide ↗
Use the wallet setup on PulseChain.com ↗ or enter the current network details in your wallet. Compare them with the official site before saving.
https://rpc.pulsechain.comThe project website currently lists bank/payment routes including ProveX and 0xCoast, and crypto routes including LibertySwap and the PulseChain Bridge. Start from the official directory ↗. Providers differ in availability, identity checks, custody, fees and execution. A listing is not a guarantee.
Confirm the receiving wallet address, destination network, asset you will receive, total cost and minimum amount with the chosen provider. A bridge may deliver a bridged token rather than native PLS. Resolve how you will obtain destination gas before using that route; do not assume a wallet with zero PLS can perform a swap.
Start with a small amount you can afford to lose. Check the transaction and receiving address in the PulseChain explorer, then confirm the wallet is on PulseChain. Keep the transaction reference. Only continue once native PLS is available for fees.
Network and directory checked 25 September 2026. No provider account, payment or bridge transaction was executed for this guide. Routes and availability can change.
Guide 02 / HEX on PulseChain
Begin with PLS in your own PulseChain wallet. This walkthrough explains a swap, not a reason to invest or a promise of returns.
Go to app.PulseX.com ↗. At review, it offers “Launch PulseX” and IPFS/desktop options. Use the current launch link there instead of a sponsored search result or a link sent by direct message. On mobile, use your wallet’s supported dapp browser or connection flow.
Choose PulseChain in your wallet. In the swap interface select PLS as the input and HEX as the output. Compare the HEX contract with the official project sources, not just the symbol. The address below identifies HEX only together with the selected chain.
0x2b591e99afE9f32eAA6214f7B7629768c40Eeb39Compare with HEX.com and PulseChain.com. A contract address is not a receiving address for a manual payment.
Enter an amount while retaining PLS for gas. Check the estimated tokens received, price impact, slippage tolerance, minimum received and transaction fee. Do not raise slippage repeatedly to force a trade through. If the quote is unclear or liquidity is thin, stop and reassess.
Confirm that the account, network and requested action match the swap you chose. If a token spending approval is requested, review its recipient and allowance; it is a separate permission. A recovery phrase is never part of approving a swap. Wallet permissions explained ↗
After confirmation, inspect the transaction in the explorer and your HEX balance on PulseChain. If the wallet does not display the token, use the verified contract to add its display entry. Buying HEX does not require a separate mining or time-commitment transaction; those mechanisms have their own rules and penalties. Read the HEX mechanism first ↗
Original CIX explanation and illustrations. Interface wording may change. No live swap was performed for this guide. Also requested by our editor: HowToPulse’s external HEX guide ↗ — a third-party resource; its current article could not be independently checked during this review.
Guide 03 / ProveX token
ProveX is a protocol and PRVX is its token. Using the ProveX app to obtain crypto and buying PRVX are different actions. This guide covers the token on PulseChain.
If you are new, follow the PLS setup guide first. Keep native PLS for transaction fees even when your swap input is another token.
Open ProveX.com ↗ and find “Buy $PRVX on PulseX”. The separate “Launch App” link opens the ProveX application. Check the destination before connecting your wallet.
Confirm PulseChain and the output contract below. The project’s buying link may preselect an input token: use an asset you actually hold on PulseChain, then obtain a fresh quote. A dollar ticker does not make different token versions interchangeable.
0xF6f8Db0aBa00007681F8fAF16A0FDa1c9B030b11Compare with the project source ↗. This identifies the token; do not send funds directly to its contract.
Check the output amount, minimum received, price impact and fees. Read any spending approval separately and limit its allowance where appropriate. If no usable route appears, stop; do not force the swap by repeatedly increasing slippage.
Sign only the transaction you intended. After confirmation, verify its result in the PulseChain explorer and the PRVX balance at your wallet address. For a bank-payment alternative, the Coast video below explains its own service; check current country availability, fees and account requirements there.
Address checked against ProveX.com and PulseChain.com on 25 September 2026. No purchase was executed for this guide.
Guide 04 / Incentive token
INC is the PulseX incentive token on PulseChain. It is different from PLS and PLSX. Buying INC through a swap does not require providing liquidity or entering a farm.
Use your PulseChain wallet with native PLS available for fees. The PLS guide covers setup and funding; do not use the Ethereum network for this route.
Start at app.PulseX.com ↗ and follow its current launch option. Choose the swap view. Farming and liquidity screens perform different actions and are not needed for this purchase.
Choose your input asset and INC as the output. Match the complete contract with PulseX.com ↗. Do not identify the token by its name or green icon alone.
0x2fa878Ab3F87CC1C9737Fc071108F904c0B0C95dCompare with the project source ↗. This identifies the token; do not send funds directly to its contract.
Retain some PLS for gas. Check price impact, slippage, minimum received and the network fee. Review any token allowance separately. If the route or amount is unexpected, cancel before signing.
Check the confirmed transaction and received token address in the explorer. If the token is not shown in your wallet, add its display entry using the verified contract. Holding INC alone does not place your assets into a farm or guarantee rewards.
Token role and address: PulseX project documentation ↗ and PulseChain directory ↗. Checked 25 September 2026. No swap was executed for this guide.
Prefer watching? / External video guides
English-language walkthroughs from other creators. Publication dates below are the actual upload dates. Interfaces, offers and provider requirements can change.
▶2:22PRVX · Bank-payment route
Coast · 3 Apr 2026
Provider tutorialThe provider explains purchasing PRVX through its own service. Availability, verification and fees depend on your location and current terms.
Watch on YouTube ↗
▶12:59HEX · PLS · PLSX
Crypto Coffee · 8 Jan 2025
Older interfaceIntroduces a bank-to-PulseChain route. The description uses a promotional provider link; use official websites from our written guides to check the current process.
Watch on YouTube ↗
▶24:30INC · HEX · PLS · PLSX
yourfriendsommi · 21 Oct 2024
Starts at 15:50The creator lists the buying chapter at 15:50. Useful for orientation; this older recording also discusses bridging and investment opinions.
Watch on YouTube ↗Selection checked 25 September 2026 using the video pages, descriptions and available chapters. These are external learning links, not a full audit of every statement or proof that a provider is suitable for you. Creator promotions are their own. CIX does not ask you to connect a wallet to watch or read.
Official project resources
ProveX / PRVX
Separate using the ProveX app from purchasing PRVX. The project links its token-buying route to PulseX.
Read the PRVX guide →Incentive / INC
PulseX describes INC as an incentive for liquidity providers. A simple token purchase is a different action from farming.
Read the INC guide →These links lead to project resources. They are not a “buy now” recommendation or a guarantee that any interface or asset is safe.
Never provide a seed phrase to a website or a community member. Check the network and contract using the project’s documentation before signing a transaction.
Beyond the chart / Culture & collectibles
The Enigma / Often called the HEX diamond
The Enigma is a 555.55-carat black diamond offered at Sotheby’s in February 2022. It also appears in the Richard Heart community’s visual story as the “HEX diamond”.
Explore the stone through the auction house’s own video and catalogue. Its cultural connection does not mean HEX tokens represent ownership of the diamond.
Original CIX illustration · Video and auction documentation: Sotheby’s
Your questions / Clear starting points
Richard Heart, also known as Richard Schueler, is the founder associated with HEX, PulseChain and PulseX. This page explores those projects, the public story around him and the evidence that helps readers assess each separately.
No. HEX is a token and time-locking protocol. PulseChain is a blockchain with PLS as its native gas asset. PulseX is an exchange protocol with PLSX as its token; INC is its incentive token. Sharing an ecosystem does not make these assets interchangeable.
pHEX refers to HEX on PulseChain; eHEX refers to HEX on Ethereum. They have separate balances, prices and liquidity. Choose the network first, then verify the token contract and the pool. Moving between networks is not simply changing the ticker name.
The court granted dismissal on 28 February 2025. On 21 April 2025, the SEC told the court it would not amend its complaint. Those documents support describing a litigation win in that action.
The dismissal addressed jurisdiction and the pleaded connection to U.S. securities law. It was not a trial verdict resolving every allegation or SEC approval of the tokens. Read the dates and original documents ↑
Watch the official trailer here, then use the distributor’s page for viewing options. Availability and pricing can differ by country. The film was released in 2023; later developments belong in the separate evidence timeline.
The Enigma is a physical collectible featured in the community story. It is not a component of the HEX smart contract. Owning HEX should not be interpreted as owning a share of the stone.
Start with the free learning path, then understand wallets, recovery phrases and network fees before considering a transaction. The buying guides on this page explain practical steps for readers who have already decided what they want to explore.
Follow the free learning path → · Browse the buying guides ↑
Bring evidence. Challenge the thesis.
What is the strongest evidence for lasting use of this ecosystem — and which fact would make you change your view?
Share your reasoning and a dated source in the CIX community. For project-specific discussion, explore the project community resources ↗.
Project documentation supports descriptions of project design; it is not independent proof of adoption, investment performance or security. Analysis and questions are editorial judgments. No new on-chain dataset or independent security audit was produced for this overview.