Mihailo Bjelic, co-founder of Ethereum Layer-2 Scaling Solution Polygon, has renounced its role in Polygon, but suggests that it will remain active in the cryptographic industry in some way.
His resignation caused reactions through Polygon and the broader cryptographic community, and several saw it as a loss for Polygon, which has been linked to several important developments in recent months.
Bjélico ends ‘daily participation’
“After much thought and reflection, I decided to resign from the Board of the Political Foundation and lower my daily participation with Polygon Labs,” Bjelic said in a position on May 23.
“I will always be encouraging from the side and supporting Howver and whenever I can,” Bjelic added.
“As projects evolve and mature, it is natural that visions evolve and sometimes diverge. With this in mind, I can no longer contribute to the polygon as best I can.”
Polygon’s co -founder partner, Sandop Nailwal, praised Bjelic’s contributions over the years, adding that Bjelic has always been “a force behind much of what makes Polygon what it is today.”
Bjelic said he is still “as passionate as ever” about cryptography, and suggested that he will remain active in the cryptographic industry.
“It’s likely to see me,” Bjelic said.
The founder of the Aave-chan initiative, Marc Zella, said it was a “great L for the polygon.” Polygon Marketing Chief Leon Stern, said the company will lose Bjelic. “Thank you for everything you’ve done for Polygon and the best of luck,” said Stern. Meanwhile, Skale Network CEO, Jack O’Holleran, said Bjelic should “be very proud” or everything he has achieved in Polygon and is excited to see what he does.
Around the last two years, two of the first founders of Polygon Labs, Joynti Kanani and Anurag Arjun, also moved away from the company.
Arjun’s departure coincided with the Polygon Spin-off progress, a layer of data availability and consensus of web3, becoming an independent entity, with Arjun taking the lead.
Bjelic has not yet revealed his next plans.
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Bjelic’s resignation follows several important ads linked to Polygon this year.
On March 25, the real world asset tokenization platform (RWA) Digishares announced that it would bring to Polygon real estate trade with the launch of Realestate.exchange, also known as Rex.
Only two months before, on January 16, Jio Platforms, an Operator of the Indian mobile network owned by the richest person in Asia, Mikesh Ambani, associated with Polygon Labs to update part of his existing square with web3 and blockchain capabilities.
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