Many DWG students have positions in the PulseChain/Richard Heart ecosystem so I wanted to share some things you may not be aware of. There’s been a lot of negative sentiment and FUD around this blockchain. Influencers have slammed it or ignored it, CoinMarketCap have deliberately misrepresented its ranking, and it seems like many of the major players in crypto just don’t want it to succeed!
Why has PulseChain been given such a cold shoulder? It could be that it represents true decentralisation, which threatens the powers that be. It could be that the founder, Richard Heart is controversial, and many people just don’t like him. But as we’ve learned before, those who are hailed as heroes in crypto can often turn out to be villains, and vice versa! Richard has been given the villain edit, but in our view, he does many things right, specifically advocating for freedom of speech and self-custody of crypto.
But today we’re not focusing on any particular narratives, we’re focusing on the truth. And the truth is, there’s A LOT of activity happening on PulseChain, and if you’re only listening to major channels, you probably haven’t heard about it
So what is happening in this space?
Well, if you visit https://gopulse.com/, you’ll find information about this ecosystem that isn’t gatekept. You’ll see lots of projects from different teams and a robust network with all the tools you’d want in a financial system.
The validators and wallet numbers are actually higher on PulseChain than they are on Cardano!
You see, the PulseChain network is more than just Pulse, HEX and PulseX. There are around 170 coins and tokens, with NFT’s, decentralised exchanges, DeFi protocols and yes, even meme coins. And all of this has been built without large centralised exchange support. In fact, most people aren’t even aware that PulseChain exists!
And yet, development is thriving.
Now, I know what you’re thinking.
“When will the price take off?”
And I get it. Waiting out markets and seeing our favourite projects take longer than we expected to pump isn’t easy. But if it were easy, everyone would do it.
This is why we encourage investors to research projects, because sometimes your conviction will be called upon to hold a little longer!
What we can say is that our opinion about PulseChain hasn’t changed. In fact, some of our coaches have been accumulating more and taking advantage of the cheap prices. While it hasn’t seen the price action that some other altcoins have seen, we’re still early in the bull run. (Ethereum hasn’t even surpassed its previous all-time high yet).
While it can be disheartening to see other coins go up, the amount of activity on this chain tells me that PulseChain is not the ghost town some want us to believe. There are developers and teams who see the value in this ecosystem and are committed to seeing it thrive.
Remember, the average crypto investor has no idea of the untapped potential that PulseChain represents. They don’t know that it’s a faster and cheaper version of Ethereum, they don’t realise they have free copies of ERC20’s sitting there waiting for them. In many ways, for those who value utility, decentralisation and freedom of speech, PulseChain is the sleeping giant of this cycle.
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