Hourglass ($WAIT), a decentralized and community-driven token with renounced ownership, has announced the launch of its Hourglass Foundation Incubator program and the appointment of Jeff Mahony as its billionaire Chairman.
The program is led by a group of community members with plans to leverage partnerships in media, entertainment, retail brands, and tech. Its goal is to elevate the Web3 space and bring blockchain technology to a much wider audience.
The Hourglass Foundation Incubator program will provide select projects with guidance and growth strategies. These projects will become part of the Hourglass ecosystem and utilize the $WAIT token as their exclusive utility token.
The first 5 projects to participate in the Incubator will be announced on various social channels over the next few weeks, and the list is growing with projects waiting to join.
As Chairman of the Hourglass Incubator program, Jeff Mahony will work towards enterprise integrations of Hourglass, the $WAIT token, and the Hourglass Incubator program.
There will be direct investments into companies that go through the Incubator and use $WAIT as their exclusive utility token.
Mahony is a pioneer in the Fintech space and has created and holds several patents, directly and indirectly. He is also a private investor and advisor for multiple companies in various industries including financial, healthcare, trucking, alcohol, mining, and more.
Mahony’s leadership, along with the Hourglass community team assembled around him, is expected to generate unlimited interest.
“Jeff Mahony is among the most successful people outside of the Web3 space to ever enter the blockchain world with this strong of a commitment,” said Hourglass Foundation President Jett Tang. “It’s an honor to work with Jeff regularly to grow Hourglass. With his leadership in our newly formed Incubator along with our soon to be announced advisor team, we are poised for explosive growth.”
Hourglass has already finished filming The Next Crypto Gem TV series, which features highly recognizable cast members, including Brian D. Evans, Layah Heilpern, George Tung, and Ben ‘Bitboy” Armstrong, among many others. The show has been scheduled for a season 2 and is expected to bring blockchain to millions outside the crypto circle.
The Hourglass community has been busy building during the bear, and with the launch of the Hourglass Foundation Incubator program and Jeff Mahony’s appointment as Chairman, they are now set for explosive growth.