Web3, a subject everyone discusses, except no one comprehends, with the exception of perhaps a small bunch of individuals. Sandeep Nailwal from a little locale in Nainital, Uttarkand is one such special case. He grasps it, yet is today leading a worldwide Web3 revolution.
In 2017, Nailwal established Polygon, an Ethereum Layer-2 scaling startup, alongside his companions in the blockchain environment, Anurag Arjun and Jaynti Kanani. From that point on, there is no halting him.
By mid 2021, Polygon became one of the top 20 crypto tokens internationally. Furthermore, in 2021, it made more heads turn by getting a “sizeable investment” from tycoon business visionary Mark Cuban.
In February this year, this blockchain versatility stage raised capital from numerous marquee financial backers. It was a $450 Mn subsidizing round that was driven by Sequoia Capital India with investment from in excess of 40 significant VC firms including SoftBank, Tiger Global, Galaxy Digital, Galaxy Interactive, Republic Capital and others. Not just that, Nailwal has put resources into numerous new businesses from the space, for example, Koinbasket, Liminal, Samudai Kissht and FanTiger.
Genesis of Polygon
Before Polygon, Nailwal was extremely dynamic in the generally speaking blockchain local area in India and that is the manner by which he met his fellow benefactors, who together understood that Etherium was an impressive creation, however it wouldn’t have an enormous userbase as it was intrinsically exceptionally decentralized yet has low bandwidth.