Brothers, I am Lao Meng. Let’s set aside the grand narratives of 'overriding sovereignty' and talk about the essentials today: how does @SignOfficial make money? Is the technical logic sound?
First of all, Lao Meng believes that the core of Sign is not issuing tokens, but selling 'verification services'. You can see its TokenTable, which has already helped major players like Starknet and Notcoin issue tens of billions of dollars in tokens. This is like SF Express in the logistics industry; as long as a project wants to issue tokens or conduct airdrops, they need to use its smart contracts for distribution and unlocking. This is the real source of revenue, not relying on token speculation. In 2024, its revenue exceeded 15 million dollars, which is a solid 'blood production capacity' in Web3 infrastructure (the data above comes from https://reports.tiger-research.com/p/sign-the-new-standard-in-the-web3-eng and https://www.chaincatcher.com/article/2159200).
✍🏻 Lao Meng is analyzing the technical logic with the brothers. The Attestation (certification protocol) that Sign is working on essentially standardizes 'credit'. In the past, to prove 'I am me', you had to go to the bank or notary; now, through Schema (data templates) + digital signatures, an immutable certificate can be directly generated on-chain. The key is cross-chain interoperability: a KYC certification done on Ethereum can be directly used on Solana or TON. This breaks the 'data islands' between chains, allowing credit to flow as freely as water.
However, the risk points are also very clear: who will define the standards for Schema? If giants monopolize the template-making power, then decentralization becomes an empty phrase. Additionally, privacy protection relies on zero-knowledge proofs (ZK), but this technology currently has high costs and barriers, and large-scale implementation still depends on optimization progress.
🐶 Lao Meng's personal conclusion:
$SIGN is not just a pipe dream; it is paving the way. Once the road is built, toll fees (Gas/service fees) are naturally unavoidable. But whether this road can become a 'main artery' depends on how many national-level applications can truly get up and running. Don't just focus on price fluctuations; pay attention to its on-chain verification volume and the speed of cooperative projects being implemented, as that is the real anchor of value.