"With a $12 million buyback and profitability, why has Sign become a dark horse in Web3 infrastructure?"
While most Web3 projects are still just pie-in-the-sky promises, Sign has already delivered with real money—a $12 million buyback and $$SIGN in revenue and profits expected in 2024. These dual signals have confirmed the market's solid strength in the infrastructure sector.
As the infrastructure for full-chain authentication and token distribution, Sign's two pillars are running steadily and rapidly. The Sign Protocol (@Sign Official ) is no longer just a concept: countries like the UAE and Thailand have incorporated it into their national digital infrastructure. From identity verification to contractual rights confirmation, it has embedded decentralized technology into the fabric of the real world. TokenTable, on the other hand, has become the "token steward" for projects, enabling one-click implementation of airdrops, vesting period management, and unlocking rules. Its practicality has established it a firm foothold in the Web3 tool market.
This $12 million buyback is a clever move: $8 million was used to buy 117 million SIGN tokens on the open market, directly reducing volume and stabilizing prices; $4 million was used to connect with major holders through private settlements, mitigating market volatility. Importantly, this funding comes from project revenue—using profits to fund buybacks is far more tangible than empty promises of "value support." More notably, the launch of Binance Alpha has further boosted SIGN's liquidity. The scarcity created by buybacks, combined with a more active trading pool, creates significant potential.
From Sequoia Capital's $14 million seed round to YZi Labs' follow-up investment of $16 million in the Series A round, investors have consistently invested in Sign's dual strengths: government infrastructure and commercial tools. Now expanding its services to over 20 countries, @Sign Official is using this combination of profitability and buybacks to reassure its $SIGN holders. #Sign大展橙图 , this wave of infrastructure dividends may have just begun.