Getting ready to sleep, I saw an archaeological news article.
It said that a certain vanished ancient civilization managed the food and debts of the entire kingdom with a bunch of clay tablets inscribed with symbols. I stared at the photo of that tablet for a few seconds.
What are we using to record today's world, which is far more complex than food? @SignOfficial
This somewhat whimsical thought reminded me of the strange market situation I saw during the day. $SIGN , that project, quietly more than doubled itself in early March when the market was barely alive.
This is not normal.
In the crypto circle, there must be a reason for a price surge. A new listing on the exchange, a celebrity endorsement, or at least a decent meme. But it didn't have any of that. What was circulating in the community was the grand term “sovereign digital infrastructure” that I almost overlooked.
I also went through the interviews the founder gave during those days. He didn't talk about TPS, didn't talk about ecology, but about geopolitical risks, economic resilience, and “digital lifelines.” #Sign地缘政治基建
Too abstract. At that moment, I thought, what kind of jargon is this to fool institutions.
Until I saw the names of a few partners.
National Bank of Kyrgyzstan. Ministry of Technology of Sierra Leone. Abu Dhabi Blockchain Center.
When these names popped up, I felt a certain difference. They were not “sexy” at all, and even felt a bit unfamiliar and awkward. Speculative funds wouldn’t choose them. This is not chasing a trend.
It feels like a bet. A bet on a new “insurance” targeting systemic vulnerabilities.
You think, when news notifications start frequently mentioning channel blockades and payment channel interruptions, a part of the money will instinctively panic and seek a safe haven. And the story told by SIGN happens to be: I can create another verifiable backup track for national-level currency, identity, and capital flow.
Emotions are looking for an outlet. And SIGN happens to present a container that looks the sturdiest and most “serious.”
Of course, the memorandum is still far from actual implementation. The prices are definitely filled with illusions and bubbles. But this round of fluctuations makes me feel that the market seems to be starting to price something longer-term and heavier. It is not buying the next quarter's unlocking benefits, but buying a long-term expectation of “who will step up if the existing system fails.” $SIGN
It said that a certain vanished ancient civilization managed the food and debts of the entire kingdom with a bunch of clay tablets inscribed with symbols. I stared at the photo of that tablet for a few seconds.
What are we using to record today's world, which is far more complex than food? @SignOfficial
This somewhat whimsical thought reminded me of the strange market situation I saw during the day. $SIGN , that project, quietly more than doubled itself in early March when the market was barely alive.
This is not normal.
In the crypto circle, there must be a reason for a price surge. A new listing on the exchange, a celebrity endorsement, or at least a decent meme. But it didn't have any of that. What was circulating in the community was the grand term “sovereign digital infrastructure” that I almost overlooked.
I also went through the interviews the founder gave during those days. He didn't talk about TPS, didn't talk about ecology, but about geopolitical risks, economic resilience, and “digital lifelines.” #Sign地缘政治基建
Too abstract. At that moment, I thought, what kind of jargon is this to fool institutions.
Until I saw the names of a few partners.
National Bank of Kyrgyzstan. Ministry of Technology of Sierra Leone. Abu Dhabi Blockchain Center.
When these names popped up, I felt a certain difference. They were not “sexy” at all, and even felt a bit unfamiliar and awkward. Speculative funds wouldn’t choose them. This is not chasing a trend.
It feels like a bet. A bet on a new “insurance” targeting systemic vulnerabilities.
You think, when news notifications start frequently mentioning channel blockades and payment channel interruptions, a part of the money will instinctively panic and seek a safe haven. And the story told by SIGN happens to be: I can create another verifiable backup track for national-level currency, identity, and capital flow.
Emotions are looking for an outlet. And SIGN happens to present a container that looks the sturdiest and most “serious.”
Of course, the memorandum is still far from actual implementation. The prices are definitely filled with illusions and bubbles. But this round of fluctuations makes me feel that the market seems to be starting to price something longer-term and heavier. It is not buying the next quarter's unlocking benefits, but buying a long-term expectation of “who will step up if the existing system fails.” $SIGN