Recently came across a pretty explosive cross-industry news—Sign actually sponsored the Overwatch World Championship team! On one side is a top-tier global esports event, and on the other side is the Web3 sector. Combining these two feels like they want to create a significant flow of virtual assets and esports traffic.
I looked into Sign's background, and it turns out to be quite solid: Sequoia Capital has already invested, and being backed by such a level of investors in the Web3 space itself indicates that the business model is recognized. Even more impressively, last year's revenue directly broke 100 million, not the kind of small project that relies on concept hype. It's said that this is mainly supported by issuing virtual items within the esports ecosystem and operating fan DAOs.
Currently, $SIGN hasn't really gained momentum, but the esports + Web3 trend has been quite strong lately—recently, there was a platform that saw significant increases by binding to LOL team tokens. With Sign directly sponsoring a world championship team, it's like they have a firm grip on the traffic entrance. If they leverage the excitement of the event to promote some fan-exclusive NFTs or on-chain interactions, the potential for growth 📈 is extremely strong.
#SIGN