Mastercard’s NFT Leader Quits, Mints His Resignation Letter on the Way Out

Nifty News: Bitcoin NFTs cause spicy fees, Mastercard exec tokenizes resignation letter and more By Cointelegraph

Nifty News: Bitcoin NFTs cause spicy fees, Mastercard exec tokenizes resignation letter and more

Nifty News: Bitcoin NFTs cause spicy fees, Mastercard exec tokenizes resignation letter and more

The Bitcoin Ordinals project is raising transaction fees on the blockchain, and Mastercard’s NFT lead quit and minted his resignation letter.

Mastercard’s NFT Leader Quits, Mints His Resignation Letter on the Way Out

"I have long been fascinated by the potential of Web3 to change the world for the better and I believe that now more than ever is the right time for me to fully immerse myself in the space," wrote Satvik Sethi.

MasterCard NFT Lead Quits, Sells Resignation Letter As NFT

Sethi railed against the payments tech giant for allegedly mistreating him and downplaying his role in the company's ambition to enter the crypto space.

Mastercard's NFT leader Resignation letter Goes Viral; Here's Why

Satvik Sethi is supporting himself by minting and selling his resignation letter as an NFT for 0.023 ETH ($38.00).

Nifty News: Bitcoin NFTs cause spicy fees, Mastercard exec tokenizes resignation letter and more

Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so.