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'BEING A HUGE ECONOMY, REGULATIONS IS A BIG PROBLEM FOR INDIA IN WEB3 SPACE'
Entrepreneur magazine
|January 2024
In 2017, Sandeep Nailwal co-founded Polygon Labs (formerly Matic Network) as an easy-to-use platform for Ethereum scaling and infrastructure development. In 2023, it is one of the largest players worldwide in the Web3 space with a total funding of USD 451M
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Where does Sandeep Nailwal envision Polygon to be? "The vision and mission of Polygon is to build this planetary-scale blockchain infrastructure for Web3 applications," he shares. To achieve this scale, the top priority becomes infinite scalability for Web3 apps.
In 2017, Nailwal co-founded Polygon Labs (formerly Matic Network) as an easy-to-use platform for Ethereum scaling and infrastructure development. In 2023, it is one of the largest players worldwide in the Web3 space with a total funding of USD 451M.
Talking about Web2's scalability feature, he shares "Web2 has seamless interconnectivity of data. We are creating this content here, and it is immediately being broadcasted all over the globe." And Polygon CDK will allow for this infinite scalability. With offerings such as PoS, ID, Miden, zkEVM, and CDK he aims to make 'the' application layer of Web3.
This story is from the January 2024 edition of Entrepreneur magazine.
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