Satvik Sethi Leaves Mastercard NFT Attributable To “Harassment” And “Misery”

Lower than 24 hours in the past, the previous NFT Product Lead at Mastercard Satvik Sethi introduced his resignation – for controversial causes. In a prolonged Twitter thread, the Web3 professional claimed he had been ‘harassed’, “underpaid”, and “disrespected” by the large company. From shedding his VISA to struggling to make ends meet and a brand new open-edition NFT drop, right here’s the story as he stated it – and the group’s response:

image of Satvik Sethi, the former NFT Lead at Mastercard, wearing a white T-shirt — Mastercard’s former NFT Lead, Satvik Sethi, left the corporate making critical accusations and a brand new NFT drop of his resignation letter. Credit score: Instagram

Why Did Satvik Sethi Resign From Mastercard?

“I used to be a sufferer of harassment & emotional misery attributable to a sequence of mismanaged processes, miscommunication, inner inefficiency. There have been months at a time once I wouldn’t obtain my wage till I begged throughout the (Mastercard) hierarchy for it, amongst many different points,” Satvik Sethi wrote in a tweet.

That is simply one of many many examples that shocked the Web3 group. Sethi went on to clarify that Mastercard warned him with a 3-month discover interval in order that he wouldn’t resign – which didn’t occur.

All in all, the previous NFT Lead stated he had ended up with a 40% wage minimize and 200% elevated workload. For the time being of writing, Satvik Sethi claims he’s shedding his London visa and should return to his residence nation in India.

The previous Mastercard worker didn’t supply any proof on his claims. Allegedly, the corporate had blocked his accounts after he threatened to show their practices.

On February 2nd, Satvik Sethi launched an NFT titled “NEW BEGINNINGS.” Surprisingly, the digital asset was, actually, a letter explaining his resignation from Mastercard the place he was the NFT Product Lead.

screenshot of a Mastercard-related message by Satvik Sethi — Satvik Sethi was allegedly blocked by Mastercard earlier than accessing proof of his claims. Credit score: Twitter

What Does Satvik Sathi’s NFT Resignation Look Like?

Satvik Sethi started the letter on a constructive notice as he thanked the Mastercard crew for his or her help. Quickly sufficient, although, issues took a flip when Sethi revealed that it’s been “an actual battle” to remain afloat financially since transferring from New York to London because of visa-related points.

Accordingly, the single-income immigrant had been attempting to debate his wage along with his employers a number of occasions with out success. Nonetheless, he ended the letter by being grateful and prepared for brand new ventures.

Right here’s the digital letter:

screenshot of Satvik Sethi's resignation letter NFT — Satvik Sethi is asking the NFT group to help his future endeavors by minting his digital resignation letter NFT.

What Is Satvik Sethi Planning after leaving Mastercard?

For now, Satvik Sethi is asking for the group’s help to mint his open-edition NFT resignation letter for 0.023 ETH per piece. The entire proceeds will “go to survival,” he stated. Additional, Sethi guarantees to reward minters with future airdrops.

In the meantime, the Web3 professional is planning to concentrate on his artwork and Web3 social networking platform joincircle. Proper now, the location boasts +90ok logins, greater than 35 companion communities and upcoming NFT collections.