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SHOCKING SHAKEUP: POLYGON NAMES Sandeep Nailwal as CEO!
In a jaw-dropping announcement that has sent shockwaves through the crypto world, Polygon co-founder Sandeep Nailwal has boldly claimed the title of the Foundation’s FIRST EVER CEO!
In a bombshell post on June 11, Nailwal declared:
“As the largest holder of POL, I’ve decided to take full control of Polygon Foundation and will be its CEO going forward!”
This is NOT your average leadership change! Nailwal, who’s been at the forefront of Polygon’s evolution, now believes the project needs decisive action to survive the turbulent crypto seas. With a staggering fall from glory, Polygon has plummeted from a DeFi giant with over $10 billion locked to a mere $1 billion. What a fall from grace!
Citing seismic shifts in Ethereum and the crypto landscape, Nailwal is ushering in a bold new direction for Polygon. The stakes have never been higher!
“The crypto industry has changed from being research-centric to user-centric, and Polygon needs to change accordingly,” he emphasized. Institutional structures may provide stability, but they can also lead to “average-case decisions” — the kind that won’t cut it in today’s fierce crypto battleground!
POLYGON’S REINVENTION: A DRAMATIC NEW FOCUS!
With the winds of change whipping through the Foundation, Nailwal is rolling out radical updates to Polygon’s technical roadmap. Say goodbye to the Polygon zkEVM, which is set to be shelved in 2025! Instead, all eyes are now on TWO core pillars: Polygon PoS and Agglayer.
Polygon PoS will shift to concentrate on real-world assets and stablecoin transactions, while Agglayer aims to meld blockchain networks into a seamless, trustless haven.
Mark your calendars! Agglayer v0.3 is blasting onto the scene in the final week of June, with groundbreaking interoperability features set to drop by the end of Q3!
And that’s just the beginning. The Foundation has kicked off the Gigagas roadmap, meant to elevate the network beyond 1,000 transactions per second on testnet climbing towards a dizzying 100,000 TPS!
Nailwal isn’t stopping there! The Agglayer Breakout initiative rolls on, with exciting POL airdrops for stakers and rapid expansion into cutting-edge research, including the upcoming Polygon ZisK team led by the brilliant Jordi Baylina!
Buckle up, crypto enthusiasts! Polygon is shifting gears, and things are about to get wild!
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