Imagine. You are an American worker in the late 1960s. Your salary has tripled in a few decades and you have no debt to repay. After a short stay on the west coast where you took advantage of your first paid holidays, you return home.

You park your car in the garage of your house, both paid cash, and you slump in the armchair to read your newspaper.

Inside, there is an article that talks about the greatest inventions of the decade: fiber optics, LEDs, weather satellites, pacemakers, internet, computers, lasers, etc.

You are proud to live in a time when the world is changing so fast and you enjoy a peaceful life. Then, for some unknown reason, from 1971, your life changes radically.

The economy continues to grow, but only the rich are getting richer while you ordinary middle-class Americans watch your income stagnate.

Globalization, the computer revolution, the Internet revolution, nothing seems to solve this problem and for the first time in a long time, the new generation seems to live less well than the previous one.

On TV, you are told that family income has increased compared to the end of the 1960s, but you know perfectly well that this is not true, because today, in many families, both spouses work, which was not the case in the 1960s.

You then seek to find out more and are shocked to find that the inflation rate has skyrocketed from around 4% at the start of 1971 to over 8.8% in 1973. is not all.

You also learn that household debt exploded exponentially after 1971. So what could have happened that year that everything started to crumble?

Well, the world economic system has just completely changed, but to understand what happened, you have to go back a bit in time and go back to the time of the First World War.

Prior to World War I, trade around the world was conducted on the gold standard. Basically, the value of currencies was defined by a weight of gold and everything you bought or sold had some value in gold.

Thus, the more a country exported, the more gold it had. In short, wealth was measured in gold. Before the First World War, this system worked quite well.

Governments around the world got along well and trade was simple, but World War I changed all that.

The war has caused a lot of tension and conflict between countries that used to work together before. These countries had to spend a lot of their gold to buy weapons and equipment and fight against each other.

So, at the end of the First World War, the United States had a serious gold deficit, and when the Great Depression arrived, it only worsened this already dire situation.

It was in this context that in 1930, the government decided to encourage American citizens to exchange all the gold they owned for dollars. To do this, he raised the price of gold from $20 to $35 an ounce.

It worked so well that even foreign countries suddenly took an interest in the proposal and started exchanging all their gold reserves for dollars.

The reasoning of these countries was quite simple: since the value of the dollar is backed by gold, holding more dollars ultimately meant holding more gold. On paper, it was an excellent deal. Then came the Second World War.

Suddenly, the United States had to dip into its gold reserves again.

At the end of the Second World War, governments could no longer finance their expenses.

Thus, on July 1, 1944, representatives of the United States and 44 allied countries met at the Mount Washington Hotel in Bretton Woods, New Hampshire, for the United Nations Monetary and Financial Conference.

Their objective ? Redefining the basics of the monetary system. At that time, the United States had more than 75% of the world's gold reserves and the dollar was one of the few currencies still backed by the precious metal.

The other countries therefore agreed to peg their national currencies to the value of the dollar, which constituted a kind of indirect version of the gold standard.

Thus, the price of an ounce of gold was fixed at 35 dollars and all the other countries of the world adjusted the value of their currency according to this.

The Bretton Woods agreements had just given the United States a new weapon: the ability to print as much currency as they wanted to meet all their needs.

Giving a country the power to print an infinite amount of money is like giving a child the keys to a candy store.

Whenever there was a new development policy, social program or whatever, the United States simply printed the money it needed to fund it.

This printing of money allowed for economic growth, but of course it was neither healthy nor sustainable, and we were soon to see the first consequences of this impulsiveness.

In 1955, America went to war again in Vietnam and suddenly needed a lot more money than its gold supply allowed it to print.

To give you an idea, the Vietnam War cost the US government about $1 trillion in today's currency.

To finance this madness, the government printed so much money that other countries began to worry seriously about their economy.

What would happen if President Nixon suddenly announced that an ounce of gold was no longer worth $35 but $45 or $50? Countries like the UK and France would then have to pay a lot more to get their gold back.

Seeing this, the United Kingdom and France decided to leave the game and France even sent a warship to New York to recover its gold.

We are then in 1971 and President Nixon suddenly decides to suspend the convertibility of dollars into gold. For the first time in modern history, the money of the world was no longer backed by something tangible.

From now on, if the government wanted to seize the wealth of the people and make them work as long as possible, they no longer needed weapons or taxes. All they had to do was print more money.

The more money the government prints, the poorer you become. That's the magic of inflation, that tax we all pay without realizing it. The amount in our bank accounts stays the same, but the value of that money goes down.

With the end of the gold standard and the end of the Bretton Woods system, the greatest wealth redistribution scheme that humanity has ever known has begun.

This influx of money has driven up the price of assets such as real estate and stocks, which only a small portion of the population owns.

To give you an idea of ​​the extent of the phenomenon, in 1860 it took an average of 30 hours to buy a share listed on the stock exchange, compared to 126 hours today.

Not to mention that, since 1971 debt has skyrocketed and now more than half of Americans are living paycheck to paycheck, even when earning over $100,000 a year.

Most Americans who can save have less than $5,000, and the incomes of the middle and lower classes have remained virtually the same since 1971. Unfortunately, the situation is not about to improve.

Since January 2020, the United States has printed almost 80% of all dollars in circulation.

This means, ladies and gentlemen, that the government of the United States has stolen 80% of the wealth of Americans in the space of two years and if you have read my thread on "The dark side of the economy - who really controls our money?”, you know that means all of us (non-Americans) were also robbed in the process. For the moment, the effects of this looting are only felt through the increase in the price of gasoline, but the situation will probably get worse.

• The token

• The usefulness of NFTs

• The factory

  • The ecosystem

Here is a little taste of the usefulness of the harevax token: HRX!

Here is a diagram that explains the concept:

We now come to the part that probably interests many people NFT!

NFTs: Like Stepn the NFTs are in the form of shoes. On the other hand, Harevax has a difference which lies in the physical activities you practice because some shoes will be more suitable than others for the physical activities available (running, cycling, walking)

You nevertheless need to have not one but 2 shoes which will be more or less compatible in order to increase your performance.

Each shoe has very different statistics depending on its rarity here is a list of rarities and their statistics:

What do the statistics represent?

Let's take an example to illustrate this: We have a common basketball so it has between 8-25 points, these points will be distributed randomly between the different activities listed above.

Each stats will allow the harem algorithm to average the two stats to calculate your final yield based on the activity you perform.

The supply of NFTs will be 10,000 and will be distributed as follows:

• 2500 for WLs

• 400 airdrop events

• 100 marketing

• 7000 public mint (purchase via app, etc.)

![The advantages of gen0: -No change in stats at the factory level (I'll talk about it no problem)

-Exclusive access to the recycle factory

-If breed (reproduction): rank gen 0 + rank genx = > rank genx then we get 5 mythical fragments instead of 1 in normal times

This means that the creation of mythical basketball will benefit the holders of gen 0 basketball!

The energy bars of the shoes:

You should know that the energy bars on the shoes must be full in order to be able to earn tokens, this energy bar runs out after 2 hours of activity / day, regardless of the rarity of the shoe.

You will be able to sell your shoes once your current activity is finished and your energy bar is full.

The factory:

• Everyone can create their basketball for 2 basketball + fees - New basketball jacket 7 days

• Reveal after 7 days yes or no (can be sold no reveal) - Use of veHRX to increase stats - Creation of mythical shoes: 25 fragments

The breed:

• Fixed fee 150 HRX (if both sneakers never breed)

• Increased fees if a basket has bred once

PS: If some people want to have fun calculating costs, I'll give you the calculation to do :)](https://images.mirror-media.xyz/publication-images/59ORvmz4ESvjJg0mwQZsa.png?height=434&width=1126)

The more a shoe has been bred the more the breed will cost so make sure you have enough HRX to cover the price of the breed which will increase exponentially!

Statistics :

In order to calculate the stats of the factory-made shoe, we will use the stats of the 2 shoe models. The class of the factory-made shoe will be determined based on the points awarded.

The allocation of points will be defined randomly according to the following model (see photo). The points of the activities will then be defined according to a normal distribution.

Here are the tables of statistics according to their gen:

The recycling factory:

Accessible only to gen0 but what does this access provide?

This access will allow gen0 owners, after a 2-week lockout, to be able to obtain a higher class sneaker (n+1, unless it is a legendary shoe).

In exchange, the basketball that has been exchanged will be burnt. The new class n+1 basketball will be gen1, and will therefore lose all the advantages of gen 0.

The harevax ecosystem:

Subnet:

Thanks to the avax subnet they will be able to reduce the costs >0.5$

In addition, the tokens reserved for the team will be vested (locked) for at least 1 year and will be used to validate and secure the subnet.

Bridges:

Users will be able to bridge through the app with partner bridges.

DEX and MA:

There will be 2 different liquidity pools: USDC-HRX and AVAX-HRX Other pools should arrive depending on future bridges!

The fee will be 1% will be distributed to all liquidity providers, and 15% of the HRX burn will be distributed to liquidity providers.

The app marketplace:

• Purchase, sale or rental only in HRX

• 3.85% purchase fee

• Sale: Same system as on Step'n (price to choose from)

• Rental: The shoe(s) will be valid for 4 hours. It will be possible to rent 1 or 2 shoes of your choice.

• 1 HRX = 0.014 veHRX/h

• veHRX: increased stats neither transferable nor negotiable so they will be locked in the user's private wallet.

The maximum veHRX held from a deposit is 100 times the HRX wagered. It therefore takes about 10 months to reach the veHRX ceiling. You can withdraw your wagered HRX at any time. However, your accumulated veHRX will drop to 0 as soon as you withdraw any amount

I would like to point out that he is organizing a private sale (accessible to all) you just have to fill out the form below:

https://berm8lp2o4m.typeform.com/to/WzEMnIDD?typeform-source=t.co

If some are interested in their roadmap:

https://discord.gg/ptEaAGe3