MasterCard NFT chief quits over pay; mints his resignation as NFT

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Image source: MasterCard Mastercard NFT head resigns over pay

After criticizing the company’s inefficiencies, Satwik Sethi, head of Mastercard’s NFT division, decided to submit his resignation. In a Twitter thread, Sethi gave an explanation for his decision to leave the firm, stating that, “leaving was not easy,” he had ignored it for a long time and was going to devote all his time to Web3 and making art. wanted to dedicate.

After deciding to leave the multinational payments organization as NFT chief, he decided to mold his resignation letter as an open-version NFT using the Digital Collectibles Protocol Manifold, stating that the raised All money “will survive.” The price per unit for the “fresh start” project is 0.023 ETH, or roughly $38. Twelve NFTs have been produced so far.

Sethi said she was ignored by the corporation and had to plead for her salary. He insisted that Mastercard’s internal inefficiencies and several poorly run procedures had subjected him to harassment and emotional distress.

The organization reportedly informed Sethi that he would be paid for the notice period of three months if he quits. However, in contrast, when he revealed his decision to leave, he was given only one month’s salary. He also accused Mastercard of blocking his accounts.

According to Sethi, if he leaves Mastercard, he will lose his work visa and will have to work from India until he finds a way to enter the country legally. Which is why the X-Products Lead has returned to India and will now focus on JoinCircle, a social networking platform built on the blockchain.

frequently Asked question.

1- What is the price of Satvik Sethi’s NFT?
Through the digital collectibles protocol Manifold, Satwik Sethi created his resignation as an open-edition NFT. The “fresh start” project costs 0.023% ETH, or about $38 per unit.

2- What is Satwik Sethi doing at this time?
Sethi is currently focused on building his web3 social networking and community-building platform, joincircle.

Read also: Mastercard replaces Paytm to bag title sponsorship rights for all BCCI international and domestic matches

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