Satvik Sethi, the former Non-Fungible Token (NFT) Product Lead at Mastercard, has made a unique and fitting resignation announcement. On Thursday, Sethi surprised the NFT community by minting his resignation letter as an NFT, showcasing his expertise in the field and leaving a lasting impact.
“I have resigned from Mastercard,” Sethi said to open his Twitter thread on the topic on February 2. He noted that, for the past year, he had served as the NFT Product Lead at the company, where he “evangelized Web3 for Mastercard leadership & regional teams, as well as all our Fortune 500 clients & partners.”
Sethi decided to mint his resignation letter as an open-edition NFT on Ethereum via the digital collectibles protocol Manifold. This project is called “New Beginnings”. The price is ETH 0,023, and 100% of the proceeds “go to survival,” he said. By the time of writing, there were 64 total minted NFTs.
The letter spoke of Sethi’s passion for Web3 and its potential, of valuable experiences gained at Mastercard and those that had led him to financial struggles.