PRESS RELEASE. [Singapore, September 4th 2023] – The Hourglass Collective is spearheading a new era of Web3 adoption. In a world where technological progress has sprinted from hard industries to consumer-facing revolutions, it’s now in the hands of service-oriented high-tech sectors like robotics, advanced software, artificial intelligence, and quantum computing.
OpenAI’s ChatGPT recently made headlines, reaching 100 million users in just two months, even outpacing TikTok’s adoption rate record of nine months. Yet, challenges faced by crypto, Web3, and blockchain technologies in 2022 prompted the need for fresh perspectives and strategies to clarify and elevate their value proposition to the real economy.
The solution? The Hourglass Collective.
About The Hourglass Collective: A New Model for Blockchain Adoption
The Hourglass Collective is a Web3 incubator composed of seasoned professionals from fintech, media, mobile apps, retail, real estate, entertainment, and marketing sectors. Founded by the Hourglass $WAIT community, its mission is to foster real-world blockchain utility by incubating projects that bridge crypto with mainstream entertainment, popular apps, major retail brands, and large-scale events.
Beyond The Code: Turning Web3’s Visions Into Reality
In a world where nearly 90% of startups falter, Hourglass recognizes the potential of engaging a broader demographic beyond gamers and financial speculators. As a community influencer and incubator, Hourglass aims to bring Web3 and blockchain into the everyday lives of regular individuals.
To prove their commitment to visible crypto adoption, The Hourglass Collective has partnered with NEFT Brands, a global conglomerate with premium alcohol brands, TV productions, live entertainment promotions, celebrity podcasts, apps, and media companies.
Hourglass Forms a Dream Team of Founding Members
Chairing The Hourglass Collective is billionaire Jeff Mahony, a pioneer in the fintech space with a wealth of experience and impactful international banking relationships. Mahony has surrounded himself with influential figures such as Jett Tang, Brian D. Evans, George Tung, Layah Heilpern, Ro Sahebi, Enrique Velez, and Ivo Ten Broek, all with substantial social media followings.
The Hourglass Incubator: Nurturing the Best of Web3
The Hourglass Incubator program aims to fill a gap in developing sound and viable Web3 companies, by providing guidance, resources, and growth strategies. Selected projects will join the Hourglass ecosystem and utilize the platform’s $WAIT token as their exclusive utility token. With over half a dozen projects already onboard, Hourglass is set to elevate Web3.
$WAIT: Blockchain-ifying Conventional Entertainment & Internet Services
Hourglass’ native token, $WAIT, is a decentralized, community-driven token with renounced ownership. With a total token supply of 100 million, over 2 million tokens have already been burned by the community. Notably, $WAIT tokens have no team, developer, angel round, or pre-ICO tokens, ensuring a transparent and decentralized ecosystem.
The World’s First “Crypto Reality TV Show”
On September 7th, The Hourglass Collective will debut ‘The Next Crypto Gem,’ a competitive reality TV show aimed at introducing cryptocurrency to mainstream audiences. Contestants will compete for a prize package valued at over $150,000, with content aiming to bridge the gap between crypto enthusiasts and skeptics.
‘The Next Crypto Gem’ will be available on Insight TV’s global network and various platforms, making crypto more accessible and engaging for a wider audience.
The Countdown Begins
Stay tuned for The Hourglass Collective’s major announcement on September 7th. With a dedicated team, an innovative incubator model, and the $WAIT token, Hourglass aims to drive crypto adoption into the next stage of user and enterprise acceptance.
For more information, visit the website at https://hourglassx.com.
Follow on social media:
– Twitter: https://twitter.com/Hourglass_Wait
– Medium: https://medium.com/@hourglasswait
– Telegram: https://t.me/hourglassofficial
– Discord: https://discord.com/invite/b2Q7ZNTXcT
– Linktree: https://linktr.ee/hourglassx
About The Hourglass Collective
The Hourglass Collective is a leading Web3 incubator and a driving force in bringing blockchain technology to mainstream audiences. Founded by the Hourglass $WAIT community, its mission is to elevate the Web3 space by incubating projects that bridge the crypto world with mainstream entertainment, popular apps, major retail brands, and large-scale events. With a strong commitment to fostering visible crypto adoption, The Hourglass Collective is poised to shape the future of blockchain technology.
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