Key Points:
- On Thursday, Satvik Sethi, a former non-fungible token product head at Mastercard, announced his resignation.
- He created his letter of resignation as an NFT.
- Sethi left Mastercard in August 2020 after beginning his employment with the company as an analyst on its worldwide bill pay product development team.
Former Mastercard NFT product director Satvik Sethi left his job and submitted his resignation letter to NFT on the digital collectibles agreement Manifold.
Sethi announced his resignation from the international payments and credit card corporation in a lengthy Twitter thread, alleging harassment and mental hardship.
“At Mastercard, I was a victim of harassment and emotional distress caused by a series of mismanaged processes, miscommunication, internal inefficiency. There were months at a time when I wouldn’t receive my salary until I begged across the hierarchy for it, among many other issues,” he wrote.
The three-month notice period would have to be served before Sethi could leave the firm, he claimed, which was an attempt to prevent him from quitting when he alerted Mastercard human resources about his problems.
The money would be spent 100% on survival, he declared. 16 of these NFTs have already been produced at the cost of 0.023 ETH ($37.7), and Sethi anticipates earnings of over $600.
Sethi left Mastercard in August 2020 after beginning his employment with the business as an analyst on its worldwide bill pay product development team. Later, he would go to London and take the company’s NFTs product lead position.
Sethi has worked at Mastercard as the Head of NFT Products for the past two years. Sethi is presently employed at joincircle, the CEO of which he started and which focuses on Web3.
Within the last two years, Mastercard has taken a number of actions in the cryptocurrency industry. The gloabl startup collaborated with the top cryptocurrency exchange Binance to introduce a crypto-to-fiat card in Argentina as well as measures to stop financial crimes based on cryptocurrencies.
Polygon has been selected by Mastercard to debut its Artist Accelerator, the company announced at the most recent Consumer Electronics Show in Las Vegas, Nevada.
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Harold
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