Hourglass (WAIT)

The Hourglass Collective, represented by the coin Hourglass (WAIT), is a community-driven initiative created by Hourglass $WAIT community members. Its primary aim is to elevate the Web3 space by incubating and nurturing projects that bridge the gap between the crypto industry and mainstream entertainment, popular apps, major retail brands, and large-scale events. The Hourglass collective currently has over half a dozen projects in its incubator, with many more in the pipeline. These projects exclusively use the $WAIT utility token, thus contributing to growth in adopting real-world blockchain utility.

Hourglass ($WAIT) is a decentralized, community-driven, tax-free token with renounced ownership. Its ownership structure ensures that the developer’s centralized power is eliminated, thus mitigating the risk of abuse. The tokenomics of Hourglass ($WAIT) include a current circulating supply of 97.96 million tokens, with no team tokens, developer tokens, angel round tokens, or pre-ICO tokens. The original supply was 100 million $WAIT, but the community has burned over 2 million tokens. To purchase Hourglass ($WAIT), individuals can do so through platforms like Uniswap, MEXC, and Bitmart.

The Hourglass collective’s team includes influential industry figures such as Jeff Mahony, the Chairman, who brings years of experience in the fintech space and holds multiple patents. Mahony is joined by Jett Tang, the President, who has extensive mergers and acquisitions experience, and Brian D. Evans, a Senior Advisor known for his remarkable talent in forging connections and expertise in digital marketing and consulting. The collective also features Senior Advisors George Tung and Layah Heilpern, Media Partners Gideon Heilpern, and Ro Sahebi, and Events Advisors Enrique Velez and Ivo ten Broek.