signpass

ChainCatcher news, Sign CEO Yan Xin stated in a post on X that Sign's revenue for 2024 reached $15 million, achieving the total capital raised externally by the company to date. Its product TokenTable has distributed tokens worth $2 billion to 40 million addresses.Last week, Sign used profits to purchase $10 million worth of Bitcoin. These Bitcoins will increase its treasury reserves, and remaining and future profits will be used for SIGN token buybacks. Sign will soon launch a new product and offer token rewards. At that time, the $10 million worth of Bitcoin will be distributed to users.In addition, Yan Xin mentioned that one of the company's biggest advancements in the past year is SignPass, which is deeply collaborating with Sierra Leone's digital infrastructure and plans to establish more partnerships with other countries.

ChainCatcher news, Sign collaborates with Cypher Capital and RAK DAO to open applications for the SignPass Web3 Entrepreneur Program to global Web3 practitioners. Successful applicants will receive a golden visa issued by the Emirate of Ras Al Khaimah and immigrate to the UAE. The main applicant can directly obtain a 10-year golden visa (with no minimum residency requirement); apply for the same visa for their spouse, unmarried children, and parents; register children to attend international schools; obtain health insurance; and open a personal bank account. Among these, SignPass holders will enjoy special benefits, such as waived application fees and a VIP application experience.Previously, Sign has partnered with the Sierra Leone Immigration Department to launch the first on-chain verifiable physical ID permanent residency card in Africa, and the SignPass system has facilitated hundreds of applicants. In the future, Sign will continue to collaborate with Ras Al Khaimah and various governments to help build an on-chain verifiable identity system and integrate with SignApp, allowing more people to enjoy the conveniences brought by Web3 technology.