土澳大狮兄BroLeon
土澳大狮兄BroLeon|Feb 18, 2025 10:28
Over the past period of time, looking at the projects on CT, I have been impressed by the ones that have virus transmission symbols and generated curiosity@ Sign can definitely rank in the top 3. As many friends put on their iconic orange yellow glasses and entered a state of FOMO, my curiosity finally reached its climax today, and I DM several friends in the circle. What are they really excited about? In summary, it can be considered a successful attempt of an old crypto native infrastructure project in marketing. But considering that the project has a complete and practical product compared to other nearly identical public chains, I think it is worth writing about the results of DD. Did I first learn about this project about two cycles ago? At that time, it was still called @ ethsign, with the goal of becoming a docusign on the blockchain. After chatting with the founder @ realyanxin, I found that they don't have the idea of launching a coin soon. The reason is that they are still exploring their own direction, and just one blockchain contract function is not deep enough. After diving into it again, I found that they have successfully expanded into many directions, and some of them have already obtained quite good application scenarios and data. By 2024, it has already generated $15 million in revenue and is making money, which is the hardest part. I am trapped by typical old thinking - otherwise, I would definitely mint their NFT at a low price, nnd, After all, it has also made a lot of money and has a fancy VC background. Key points: Binance Labs (@ yzilabs)+Hack VC+Amber just invested 16 million in January, which is a huge investment at this time point. If you are not very optimistic, it should not be easy. In other words, he is a seeded player from Shanghai University. Organized it@ Sign's core products include: 1. TokenTable @ tokentable - the largest token distribution platform in the Web3 field, similar to Goldman Sachs in the cryptocurrency market; 2. Sign Protocol - a verifiable identity layer based on zero knowledge proof (ZK) and decentralized identity (DID), similar to the role of Visa in traditional finance; 3. SignPass&SignApp - provides on chain identity management and compliance services; 4. Sovereign Blockchain - providing blockchain trust solutions for sovereign governments. Among them, Tokentable has processed over $4 billion in token airdrops and unlocks, covering more than 40000+users. Many well-known project airdrop solutions are used by other companies, such as @ movementlabsxyz @ Starknet @ ZetaChain. But personally, I am more interested and believe that their potential lies in 4, which is a solution provided for sovereign states. At first glance, it sounds like a pie in the sky, but upon careful consideration, it's actually possible to make it happen. Why? Do you want to manage Web3 in traditional finance? I definitely want to, but they don't understand. So regulation definitely requires the assistance of industry experts, which is a strong demand. By collaborating with the government, Sign can help countries build compliant on chain identity systems, which may become a growth point for Web3 in the future. As Trump takes office and continues to push for compliance with Web3, more countries will have to take this issue seriously. Currently, Sign has partnered with the governments of Sierra Leone and the United Arab Emirates (UAE) to provide blockchain support in national digital identity, tax compliance, and financial services. The UAE is crypto friendly, and the upper limit of this project is determined by what kind of samples can run. To summarize: A market strategy team with landing functions/cash flow that meet current industry needs, real-world solutions with demand, financing with money, and a smart/troublemaking appearance. It seems that he is a rare seeded player with a high overall score among projects that have not yet been released. @Sign applied to give me a profile picture and also a small pair of glasses~
+6
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads