Sandeep Nailwal, co-founder of Polygon (formerly known as Matic Network), has always had a burning desire to achieve greatness. Growing up in poverty in a Delhi ghetto, he was determined to make a big impact and not settle for mediocrity. Despite reaching a $19 billion market cap and becoming one of the top 10 cryptocurrencies, Nailwal believes that Polygon has not yet truly succeeded. His vision is for Polygon to have the same impact as Ethereum and Bitcoin, aiming to be one of the top three projects in the space.The journey to success has been filled with challenges for Nailwal and his team. They faced financial difficulties and had to change their technology strategy when the Plasma technology they were pursuing lost favor in the market. However, they persevered and raised $5 million in a Binance initial exchange offering to keep the project going. Just as they were preparing to launch their mainnet in May 2020, the COVID-19 pandemic and market crash caused significant setbacks. Despite these obstacles, Nailwal and his team adapted their approach, attracting developers and builders to their platform and embracing a multichain strategy to reduce reliance on a single technology.Looking ahead, Nailwal believes that while the Ethereum Virtual Machine (EVM) will dominate in the short term, other solutions will emerge in the future. He compares the impact of the EVM to that of JavaScript, which was once considered a programming language for the less skilled but is now widely used. Polygon has a long-term plan that includes the development of ZK EVMs, Polygon Zero, and Polygon Miden, which offers high performance and privacy features. Nailwal is excited about the possibilities and believes that Miden will flourish in about a year.Nailwal’s journey from poverty to co-founding Polygon is a testament to his determination and ambition. He is driven to make Polygon one of the most impactful projects in the cryptocurrency space, aiming to achieve the same level of success as Ethereum and Bitcoin. With a focus on innovation and a multichain strategy, Nailwal and his team are poised to make a lasting impact in the industry.
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