Segmint is Pivoting: ✳️ Collectibles platform @SegMintIO announced a major pivot ✳️ While they got some traction, they felt there were bigger opportunities to pursue and will change focus to two areas: ✳️ First, they're launching a B2B backend infrastructure business ✳️ The business will power RWA (real world asset) tokenization, fractionalization, redemption/escrow ✳️ To get clients from all over web3, they'll support multiple chains, not just Abstract ✳️ IMO this is brilliant. Real world tokenization will only grow from here and businesses will be looking for easy and trustworthy ways to participate ✳️ Second, they're launching a web2 consumer collectibles app with optional web3 features ✳️ It's hard to scale web3 apps to millions of users (heck even to thousands of users), so it makes sense to go down the web2 path ✳️ What'll happen to existing Segmint customers? There won't be a TGE anymore, but your collector score will translate into graded slabs ✳️ Overall, this pivot makes a lot of sense. If you have a talented team with a lot of resources, you shouldn't settle for small wins and should go big
3,39K