Richard Heart’s new project ProveX goes live with a controversial sacrifice phase that excludes PLS/PLSX/HEX/INC, accepts major network tokens, and promises proof-based settlement and deflationary tokenomics.
Introduction
The latest project from Richard Heart is now live: ProveX (formerly MrProve) has launched its sacrifice phase with immediate impact and heated discussion across the community.
What the Announcement Says
On launch day, Heart posted:
"This just went live on http://ProveX.info. 0xAFa2A89CB43619677d9C72E81f6d4c8a730a1022
You are sacrificing your coins to make a political statement. You believe in capitalism, the removal of middlemen and replacing trust with proof. You are sacrificing your coins to prove you are serious about this belief. You have no expectation of profit from the work of others. You understand what you sacrifice can be sold and you will receive no benefit from it.
Bitcoin, Ethereum, USDT, Solana, XRP, BNB, TRX, DOGE, ADA, Hyperliquid, LINK, BCH, XLM /Stellar, LTC, DASH, XMR, AVAX, Zcash and many other coins from many other networks are accepted. You can't game the system with illiquid coins.
No sacrifices will be credited from the PulseChain network for anything. No PLS, PLSX, INC, HEX, eHEX will be credited from any network. A whole lot of people are going to post angrily that what they wanted to sacrifice, they're not allowed to. It's ok. The rate increases quickly and the sacrifice is over quickly. This maximises fairness across all networks.
The max bonus is 3x. There's a leaderboard. Rate increases start in about 21 days. What might be airdropped for free to those addresses noticing proving their belief in this political statement?"
That post sets the framework: a broad list of accepted tokens (excluding core PulseChain assets), a fixed time window, a bonus structure, and a public sacrifice wallet.
Why the Controversy?
There are several points stirring debate:
1. Exclusion of PLS, PLSX, HEX, INC
By explicitly excluding the native PulseChain assets, the sacrifice invites criticism from the loyal base who feel they may be sidelined. For example, some core tokens associated with the ecosystem rallied (~-40% losses) shortly after the announcement.
While heartening that they have since reclaimed some losses, the initial drop raises questions about sentiment and community alignment.
2. Huge Sacrifice History
Richard Heart's prior sacrifices (for projects like PulseChain and PulseX) reportedly gathered over $2 billion in value. This new sacrifice arrives amid that history, increasing scrutiny about motive, transparency, and value creation.
3. Risk vs Claim of No Expectation of Profit
Heart emphasizes:
"You have no expectation of profit from the work of others."
The proponent view sees this as principle-driven; the skeptic view sees possible misalignment between large funds raised and actual deliverables.
What the Project Claims to Be
ProveX is built around the idea of replacing middlemen via proof-based settlement:
- Two parties generate cryptographic proofs (buyer proves payment, seller proves transfer)
- No exchange custody required
- Every successful transaction burns a fixed-supply token (ProveX)
- Use cases stretch from fiat ↔ crypto, identity/age verification, escrow-less marketplaces, DePIN attestation, supply-chain proofs, and more
Pros & Cons
✅ Pros:
- The exclusion of core assets may level the playing field: whales holding PLS/PLSX/HEX/INC can't dominate this sacrifice, which may reduce perceived advantage of early holders
- The fixed-supply burn mechanism ties usage directly to scarcity, which could align incentives of usage ≠ dilution
- The wide token eligibility opens participation across networks and may diversify user base
⚠️ Cons:
- Core base assets being excluded may alienate loyal community members who expected inclusion
- Large historical funds raised raise expectations; absent clear milestones, skeptics question delivery
- Sacrifice mechanics often raise "raise now, build later" concerns—"Will it pay off?" remains unanswered
What's Happening Now
In just a few hours, the live wallet (0xAFa2A89CB43619677d9C72E81f6d4c8a730a1022) shows ~400k USD (or equivalent) already sacrificed.
The sacrifice period runs until January 2026, giving a window of several months.
You can track the wallet live on our site's multi-chain portfolio tracker: https://www.pulsechainstats.com/portfolio?wallets=0xAFa2A89CB43619677d9C72E81f6d4c8a730a1022
Final Thoughts
This is a bold move from Richard Heart and the PulseChain ecosystem. ProveX could represent a new paradigm of disintermediation via on-chain proofs and deflationary tokenomics. On the other hand, the timing, exclusion of ecosystem tokens, and history of big sacrifice events naturally call for cautious optimism.
Will this show up as a master plan — or will critics say it's just another big raise before major build steps? Only time will tell. The question remains: Con man or visionary? The community is watching, ready for delivery.