{"id":3347,"date":"2023-02-03T13:16:17","date_gmt":"2023-02-03T13:16:17","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/02\/03\/satvik-sethi-leaves-mastercard-nft-due-to-harassment-and-distress\/"},"modified":"2023-02-03T13:16:17","modified_gmt":"2023-02-03T13:16:17","slug":"satvik-sethi-leaves-mastercard-nft-due-to-harassment-and-distress","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/02\/03\/satvik-sethi-leaves-mastercard-nft-due-to-harassment-and-distress\/","title":{"rendered":"Satvik Sethi Leaves Mastercard NFT Due to \u201cHarassment\u201d and \u201cDistress\u201d"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Less than 24 hours ago, the former NFT Product Lead at Mastercard Satvik Sethi announced his resignation \u2013 for controversial reasons. In a lengthy Twitter thread, the Web3 expert claimed he had been \u2018harassed\u2019, \u201cunderpaid\u201d, and \u201cdisrespected\u201d by the giant corporation. From losing his VISA to struggling to make ends meet and a new open-edition <a href=\"https:\/\/nftevening.com\/why-buy-nfts-what-are-my-opportunities-in-the-nft-art-collections-market\/\" target=\"_blank\" rel=\"noopener\">NFT drop<\/a>, here\u2019s the story as he said it \u2013 and the community\u2019s reaction:<\/p>\n<figure id=\"attachment_95578\" aria-describedby=\"caption-attachment-95578\" style=\"width: 900px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-95578 size-full\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-mastercard-resignation-scaled-e1675429650765.jpg\" alt=\"image of Satvik Sethi, the former NFT Lead at Mastercard, wearing a white T-shirt\" width=\"900\" height=\"675\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-mastercard-resignation-scaled-e1675429650765.jpg 900w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-mastercard-resignation-scaled-e1675429650765-300x225.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-mastercard-resignation-scaled-e1675429650765-768x576.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-mastercard-resignation-scaled-e1675429650765-75x56.jpg 75w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-mastercard-resignation-scaled-e1675429650765-150x113.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-mastercard-resignation-scaled-e1675429650765-450x338.jpg 450w\" sizes=\"(max-width: 900px) 100vw, 900px\"\/><\/noscript><figcaption id=\"caption-attachment-95578\" class=\"wp-caption-text\">Mastercard\u2019s former NFT Lead, Satvik Sethi, left the company making serious accusations and a new NFT drop of his resignation letter. Credit: Instagram<\/figcaption><\/figure>\n<h2><span id=\"Why_Did_Satvik_Sethi_Resign_From_Mastercard\">Why Did Satvik Sethi Resign From Mastercard?<\/span><\/h2>\n<p><em>\u201cI was a victim of harassment &amp; emotional distress caused by a series of mismanaged processes, miscommunication, internal inefficiency. There were months at a time when I wouldn\u2019t receive my salary until I begged across the (Mastercard) hierarchy for it, among many other issues,\u201d<\/em> Satvik Sethi wrote in a tweet.<\/p>\n<p>This is just one of the many examples that shocked the Web3 community. Sethi went on to explain that Mastercard warned him with a 3-month notice period so that he wouldn\u2019t resign \u2013 which didn\u2019t happen.<\/p>\n<p>All in all, the former NFT Lead said he had ended up with a 40% salary cut and 200% increased workload. At the moment of writing, Satvik Sethi claims he is losing his London visa and must return to his home country in India.<\/p>\n<p>The former Mastercard employee didn\u2019t offer any evidence on his claims. Allegedly, the company had blocked his accounts after he threatened to expose their practices.<\/p>\n<p>On February 2nd, Satvik Sethi launched an NFT titled \u201cNEW BEGINNINGS.\u201d Surprisingly, the digital asset was, in fact, a letter explaining his resignation from Mastercard where he was the NFT Product Lead.<\/p>\n<figure id=\"attachment_95576\" aria-describedby=\"caption-attachment-95576\" style=\"width: 718px\" class=\"wp-caption aligncenter\"><picture decoding=\"async\" class=\"wp-image-95576 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft.jpg.webp 718w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-300x289.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-58x56.jpg.webp 58w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-150x145.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-450x434.jpg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20718%20692'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 718px) 100vw, 718px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20718%20692'%3E%3C\/svg%3E\" alt=\"screenshot of a Mastercard-related message by Satvik Sethi\" width=\"718\" height=\"692\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft.jpg 718w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-300x289.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-58x56.jpg 58w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-150x145.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-450x434.jpg 450w\" data-lazy-sizes=\"(max-width: 718px) 100vw, 718px\" data-lazy-src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft.jpg\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-95576 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft.jpg.webp 718w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-300x289.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-58x56.jpg.webp 58w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-150x145.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-450x434.jpg.webp 450w\" sizes=\"(max-width: 718px) 100vw, 718px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft.jpg\" alt=\"screenshot of a Mastercard-related message by Satvik Sethi\" width=\"718\" height=\"692\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft.jpg 718w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-300x289.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-58x56.jpg 58w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-150x145.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-450x434.jpg 450w\" sizes=\"(max-width: 718px) 100vw, 718px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-95576\" class=\"wp-caption-text\">Satvik Sethi was allegedly blocked by Mastercard before accessing evidence of his claims. Credit: Twitter<\/figcaption><\/figure>\n<h2><span id=\"What_Does_Satvik_Sathis_NFT_Resignation_Look_Like\">What Does Satvik Sathi\u2019s NFT Resignation Look Like?<\/span><\/h2>\n<p>Satvik Sethi began the letter on a positive note as he thanked the Mastercard team for their support. Soon enough, though, things took a turn when Sethi revealed that it\u2019s been \u201ca real struggle\u201d to stay afloat financially since moving from New York to London due to visa-related issues.<\/p>\n<p>Accordingly, the single-income immigrant had been trying to discuss his salary with his employers several times without success. Nevertheless, he ended the letter by being grateful and ready for new ventures.<\/p>\n<p>Here\u2019s the digital letter:<\/p>\n<figure id=\"attachment_95517\" aria-describedby=\"caption-attachment-95517\" style=\"width: 707px\" class=\"wp-caption aligncenter\"><picture decoding=\"async\" class=\"wp-image-95517 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard.jpg.webp 707w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-252x300.jpg.webp 252w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-47x56.jpg.webp 47w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-150x179.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-450x536.jpg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20707%20842'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 707px) 100vw, 707px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20707%20842'%3E%3C\/svg%3E\" alt=\"screenshot of Satvik Sethi's resignation letter NFT\" width=\"707\" height=\"842\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard.jpg 707w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-252x300.jpg 252w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-47x56.jpg 47w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-150x179.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-450x536.jpg 450w\" data-lazy-sizes=\"(max-width: 707px) 100vw, 707px\" data-lazy-src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard.jpg\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-95517 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard.jpg.webp 707w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-252x300.jpg.webp 252w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-47x56.jpg.webp 47w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-150x179.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-450x536.jpg.webp 450w\" sizes=\"(max-width: 707px) 100vw, 707px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard.jpg\" alt=\"screenshot of Satvik Sethi's resignation letter NFT\" width=\"707\" height=\"842\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard.jpg 707w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-252x300.jpg 252w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-47x56.jpg 47w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-150x179.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-nft-letter-mastercard-450x536.jpg 450w\" sizes=\"(max-width: 707px) 100vw, 707px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-95517\" class=\"wp-caption-text\">Satvik Sethi is asking the NFT community to support his future endeavors by minting his digital resignation letter NFT.<\/figcaption><\/figure>\n<h2><span id=\"What_Is_Satvik_Sethi_Planning_after_leaving_Mastercard\">What Is Satvik Sethi Planning after leaving Mastercard?<\/span><\/h2>\n<p>For now, Satvik Sethi is asking for the community\u2019s support to mint his <a href=\"https:\/\/t.co\/OqxRD6LHvd\" target=\"_blank\">open-edition NFT<\/a> resignation letter for 0.023 ETH per piece. All of the proceeds will \u201cgo to survival,\u201d he said. Further, Sethi promises to reward minters with future airdrops.<\/p>\n<p>Meanwhile, the Web3 expert is planning to focus on his art and Web3 social networking platform joincircle. Right now, the site boasts +90k logins, more than 35 partner communities and upcoming NFT collections.<\/p>\n<p>\u00a0<\/p>\n<h2\/>\n<p>Satvik Sethi\u2019s Twitter thread received plenty of feedback from the Web3 community. While many users showed their support, others seemed suspicious too.<\/p>\n<p><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\"><em>\u201cThis sounds weird from a Fortune 500 company,\u201d<\/em> user @soltsla.eth replied. <em>\u201cThen your desperate attempt to force a mint onto the thread midway put me off reading completely. Good luck with your adventures but I would probably do the same to you if I was Mastercard<\/em><\/span><em><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">, clearly another side to the story here.\u201d<\/span><\/em><\/p>\n<p>At the time of writing, Satvik Sethi and Mastercard have yet to clarify the matter.<\/p>\n<div class=\"bottom-text__subscribe\">\n<div id=\"mlb2-5802138\" class=\"ml-form-embedContainer ml-subscribe-form ml-subscribe-form-5802138\">\n<div class=\"ml-form-align-center\">\n<div class=\"ml-form-embedWrapper embedForm\">\n<div class=\"ml-form-embedBody ml-form-embedBodyHorizontal row-form\">\n<div class=\"ml-form-embedContent\" style=\"\">\n<h4><span id=\"Join_Our_New_To_The_Moon_daily_Newsletter\">Join Our New &#8220;To The Moon&#8221; daily Newsletter<\/span><\/h4>\n<p>Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts &amp; stay on top \ud83d\udc4a\ud83c\udf1a<\/p>\n<\/div>\n<\/div>\n<div class=\"ml-form-successBody row-success\" style=\"display:none\">\n<div class=\"ml-form-successContent\">\n<h4><span id=\"Thank_you\">Thank you!<\/span><\/h4>\n<p>You have successfully joined our subscriber list.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\" data-lazy-src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\"\/><noscript><img loading=\"lazy\" src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\"\/><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/satvik-sethi-leaves-mastercard-nft-due-to-harassment-and-distress\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Less than 24 hours ago, the former NFT Product Lead at Mastercard Satvik Sethi announced his resignation \u2013 for controversial reasons. In a lengthy Twitter thread, the Web3 expert claimed he had been \u2018harassed\u2019, \u201cunderpaid\u201d, and \u201cdisrespected\u201d by the giant corporation. From losing his VISA to struggling to make ends meet and a new open-edition [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/satvik-sethi-mastercard-resignation-scaled-e1675429650765.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/3347"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=3347"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/3347\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/3348"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=3347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=3347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=3347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}