Synopsis
Gloom and shock spread across the Web 3 fraternity as Sam Bankman-Fried’s FTX collapsed. Amid depths of uncertainty, there still are some companies that have enough runway and are staying positive despite the developments. Polygon is one such company. ET Prime spoke to its co-founder Sandeep Nailwal and tried to get his view of things.
Polygon, founded by Sandeep Nailwal, Jaynti D Kanani and Anuraj Arjun in 2017 in India, was one of the fastest-growing Web3 companies having raised USD450 million in the beginning of 2022.The company was started with the idea to solve problems like scaling and the huge costs of transactions associated with Ethereum.It has partnered with top enterprises such as Meta, Reddit and JP Morgan Chase on different projects. Since the beginning of the
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