【Why is $SIGN considered the "essential infrastructure of Web3"? Look at these two details】
Web3 does not lack "new protocols", but lacks infrastructure that can solve essential needs—Sign demonstrates the irreplaceability of $SIGN with two details. One is the Thai government's 99% verification success rate, and the other is the $15 million profit report for 2024. @Sign Official has made "full-chain certification" a true essential need.
First, let's talk about the technical essential need: In the cross-chain era, the inability to use the certification of one chain on another chain is a major pain point. Sign Protocol's cross-chain verification can connect multiple chains such as Ethereum and Solana, ensuring smooth cross-chain queries for both NFT ownership and identity information. In the Thai digital ID project, local banks initially needed to connect to three different chain systems, but with Sign, one interface solved it all, increasing efficiency tenfold—this is the starting point of "irreplaceability".
Next, let's discuss the commercial essential need: TokenTable transforms token distribution from a "troublesome task" into a "standardized service", allowing project parties to operate according to templates without writing contracts themselves. The $350 million distribution volume reflects the essential need for "efficient tools". With a profit of $15 million in 2024 and a buyback of $12 million for $SIGN in 2025, it shows that it does not rely on financing but earns money through services. @Sign Official Official is now targeting government markets, with over 20 countries ready to implement—while Web3 is still fighting for "traffic", it has already occupied the "infrastructure" niche.
