Exciting news has arrived: the IOST Signet Ring sold out completely in just 30 minutes after its release. This remarkable achievement demonstrates the community's enthusiastic response and deep recognition of IOST's exploration in the fields of decentralized identification and modular digital credentials.

The success behind this is the powerful community force. Since the introduction of the Signet Ring concept, global users have shown a strong demand for personal identity autonomy in the Web3 era. Through organic community promotion, daily interactions, and the trust foundation established within the ecosystem, the Signet Ring has transcended its positioning as merely a hardware device and gradually become a key passport connecting to the future of Web3.

The positive response from the market clearly reflects a trend: sovereign identity solutions that combine on-chain credentials with real-world biometric technologies are becoming an increasingly essential requirement in the digital world.

After the successful first round of issuance, the project will enter a new development stage, including:

- Launch the Wear-to-Earn incentive mechanism, providing a biometric-based tiered reward system for physical Signet Ring users.
- Open NFT trading feature, allowing rewards to circulate in the secondary market and support the referral mechanism.
- Expand the application ecosystem, allowing Ring holders to experience upcoming modular features and identity-based innovative application scenarios first.

The IOST team expresses sincere gratitude to all early supporters for their steadfast trust and support for the IOST 3.0 vision. It is worth noting that this is just the starting point of IOST's decentralized identifier exploration journey, and there will be more innovations and breakthroughs in the future.