Hourglass AMA Recap

Jett, known as @ultrastarter on Twitter and Telegram (TG), introduced himself as someone with over 10 years of business development experience, including roles in M&A investment banking, recruiting, and managing a small resort. He sold the resort earlier in 2021 to fully dedicate himself to blockchain and crypto, particularly focusing on blockchain gaming and decentralized communities.

Jett explained his excitement for decentralized communities with fair launches, no taxes, and liquidity locked for long periods, such as Hourglass $WAIT. He believes that these kinds of projects, unlike typical crypto scams, will help achieve mass adoption. Jett became involved with Hourglass $WAIT after being introduced to it by @LoFurno555.

Key Points Discussed:

• What makes Hourglass $WAIT special?some text
  • Tokenomics: The token is designed with zero tax, locked liquidity for 100 years, and renounced ownership, making it truly community-owned. The developer has bought and burned 2 million of the 100 million tokens to help with deflationary supply.
  • Community: Hourglass has a passionate and organized community. They have collaborated to create NFT collections and find ways to add utility to the $WAIT ecosystem.

Questions and Answers:

• How do I get involved with the Hourglass community?some text
  • The best way to get involved is to join the Telegram group, engage actively, and get to know other members. Regular contributors will be invited to planning and building groups.
• What is unique about Hourglass $WAIT in the crypto space?some text
  • Hourglass offers perfect tokenomics, with circulating tokens, no tax, and liquidity locked for 100 years. This eliminates the risk of rug pulls and ensures the project's success is driven by the community, not by the developers or early investors.
• What about liquidity and its funding?some text
  • There are community members who have already added liquidity. Additionally, proceeds from the upcoming HourglassX NFT collection will help fund liquidity improvements and marketing efforts. The approach is decentralized, with the community actively contributing.
• How high can Hourglass go?some text
  • Hourglass aims to grow based on the strength of its community. Although they are not directly comparing themselves to other projects like $SHIB or $TSUKA, they draw inspiration from their success and aspire to build something similarly impactful.
• Plans for live and virtual events:some text
  • While still in the planning stages, the community is considering holding both in-person and virtual events, likely requiring Hourglass NFTs or $WAIT tokens to attend. The themes will focus on Hourglass lore and community-building.
• About HourglassX NFTs:some text
  • The upcoming HourglassX collection will be launched with the help of Moonclub, a platform with experience in launching successful NFT projects. This collection aims to provide more utility to the Hourglass ecosystem.
• Incubator and promotion house:some text
  • Hourglass plans to act as an incubator and promotion house for community projects. They are focused on helping artists and creators within the community by offering funding and marketing reach.
• Will Hourglass merge with $TSUKA in the future?some text
  • While Hourglass shares a good relationship with the $TSUKA community, the two projects will not merge. Each will maintain its own identity, but they will continue to support and collaborate with each other.
• Who is the developer behind Hourglass?some text
  • The developer remains anonymous, but the project's structure is designed to be "scam-proof" and "rug-proof" due to its locked liquidity and renounced ownership. The community now governs the project, with the developer supporting the vision.
• Governance and participation in decision-making:some text
  • Currently, Hourglass operates in an informal manner, but there's potential for it to evolve into a DAO (Decentralized Autonomous Organization) in the future, allowing token holders to vote on project decisions.

For more information about Hourglass $WAIT, visit their website: hourglassx.com

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