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HEST claims to exist to revolutionize problems and build effective data without losing sight to facilitate ethical social networks and assets. They purport to function on developmental concepts of building and partnerships, aiming to on-board the first million users into crypto, with the value of its network allegedly reaching high values as a long-term investment asset. The total supply of HEST is stated as 2,000,000 fixed supply, which they claim cannot be minted or changed.
HEST also claims to be developing the HEST Chain on their own, without the interference of any other protocol team. They state that the wallets used in HEST-chain can be synchronized to several protocols on the market eventually, with the HEST Chain being live in Q1 of 2024. They also claim that when the price of tokens goes up to a higher level, every developer will start looking for their protocol and they will provide open source at GitHub for everyone.
The team behind HEST allegedly has over 7 years of experience in the blockchain field and has solid management with the knowledge of leaders who are experts in this field. They claim to have an IT team spread across several countries, and that the HEST ecosystem will focus on the cryptocurrency-based financial sector, as well as a transparent bridge connecting transactions between blockchain networks.
HEST's stated motivation is to have all people in the world enjoy the euphoria of cryptocurrency and make HEST their long-term asset, with their vision being to be the leading protocol in the world. They also claim to have several cooperations with exchanges from around the world, and to have reliable developers who join and develop their projects through their network.
However, it is important to note that these claims have not been independently verified and therefore, it is uncertain whether HEST is a legitimate project or a scam. It is always recommended to conduct thorough research and due diligence before investing in any cryptocurrency or blockchain project.
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