In the past few days, I've been deeply engrossed in the Sign project. The more I dig, the more interesting it becomes. Today, I finally clarified its underlying logic! I must chat with my brothers.
In the past, we always thought Sign was just an on-chain version of Excel, but after reviewing the real financial data of @SignOfficial , I gasped — the way this guy makes money is completely different from the vast majority of projects in the circle that rely on issuing tokens, boosting TVL, or simply profiting from token appreciation by exploiting retail investors!
In the crypto world, many people are thinking about how to issue worthless tokens, but the most core and profitable business of Sign is actually its TokenTable — a tool specifically designed to help others distribute tokens.
You may not know, but the previous massive airdrop from Starknet, the KYC token issuance from ZetaChain, and even Notcoin, all utilized their system behind the scenes.
Let me share some data for you to feel the impact: just in 2024 alone, TokenTable handled over 4 billion dollars in asset distribution, partnering with more than 200 project parties, and connecting over 40 million wallet addresses. This directly brought Sign a real revenue of 15 million dollars! You see, $SIGN doesn’t rely on hyping its own tokens to make money; it earns by charging a 'service fee' for helping big players issue tokens.
Selling shovels is a facade; weaving nets is the truth.
If you only see Sign as a B-end tool for selling shovels, you’re underestimating it. What truly amazes me is their next big move.
Think about it, TokenTable has served over 200 top projects, which means it has a firm grasp on mainstream public chains and ecosystems like Starknet and ZetaChain. Now, aren't governments around the world scrambling to develop CBDCs (Central Bank Digital Currencies)? When the government starts infrastructure projects, the first headache is: 'Which chain should my money run on? How do I connect with the current Web3 ecosystem?'
At this point, Sign's trump card comes into play. It’s not the kind of foolish entity that first builds a government system and then struggles to attract clients; it first used TokenTable to weave a complex 'customer relationship network' throughout the industry, and then directly approaches the central banks of various countries with this resource of tens of millions of users and hundreds of on-chain projects.