SIGN has been online for almost a year, and I've taken a moment to reflect on what has happened over the past year.
On April 28 last year, SIGN was launched on Binance, with an opening price of around $0.05.
Today, the price is just over $0.03, nearly 40% lower than the opening price.
If we only look at this number, those who held SIGN this year have lost money.
But I paused to think about what actually happened with Sign this year—two rounds of financing totaling over $40 million, the Sierra Leone national identity system is genuinely operational, the Central Bank of Kyrgyzstan signed a contract, the white paper was published, TokenTable had an annual revenue of $15 million, repurchased 176 million tokens, and the Orange Dynasty community has over 4 million members.
None of these things had happened when I bought in.
Now they have happened, but the price is even lower than it was then.
I don't know how to define this year. If I say it's a loss, the fundamentals are indeed better than when I bought in; if I say it's a gain, the figures show a loss.
The only thing I can say is: if I had known a year ago that all these things would happen, I would most likely still have bought.
The difference is my expectations about time. I thought government contracts would be finalized more quickly, and the narrative would be priced in faster. The result is that they are indeed happening, just much slower than I expected.
In the second year, I plan to continue waiting.
