Mihailo Bjelic, one of the co-founders of the Ethereum layer-2 scaling solution Polygon, recently announced his resignation from his position within the Polygon Foundation. Despite stepping down from his role, Bjelic expressed his continued passion for the crypto industry and hinted at remaining active in some capacity. His departure has sparked reactions across the Polygon community and the wider crypto space, with many acknowledging his significant contributions to the project.
In a post dated May 23, Bjelic shared his decision to step down from the board of the Polygon Foundation and reduce his day-to-day involvement with Polygon Labs. While he mentioned that he will continue to support the project from the sidelines, he highlighted the natural evolution of projects and visions that sometimes lead to diverging paths. Bjelic expressed his inability to contribute to Polygon to the best of his abilities given the current circumstances.
Sandeep Nailwal, another co-founder of Polygon, praised Bjelic's dedication and impact on the development of Polygon, describing him as a driving force behind the project's success. Despite the departure of key figures like Bjelic, Polygon remains committed to its mission and growth trajectory.
The crypto community, including figures like Aave-chan Initiative founder Marc Zeller and Polygon's head of marketing Leon Stern, expressed their gratitude for Bjelic's contributions and wished him well in his future endeavors. Jack O'Holleran, CEO of Skale Network, acknowledged Bjelic's accomplishments at Polygon and expressed excitement about his future projects.
Bjelic's resignation is part of a series of changes within Polygon Labs, with early founders Jaynti Kanani and Anurag Arjun also stepping away from the company in recent years. Arjun's departure coincided with the spin-off of Avail, a Web3 data availability and consensus layer, as an independent entity.
While Bjelic has not disclosed his next steps, his resignation comes amidst significant developments at Polygon. Earlier this year, Polygon announced partnerships and initiatives aimed at expanding its ecosystem. These include the integration of real-world asset tokenization platform DigiShares to facilitate tokenized real estate trading on Polygon and a collaboration with Jio Platforms, an Indian mobile network operator, to enhance existing offerings with blockchain and Web3 capabilities.
As the crypto industry continues to evolve, the departure of key figures like Bjelic underscores the dynamic nature of the space and the importance of adaptability and innovation in driving projects forward. Bjelic's future endeavors and the impact of his contributions on the crypto landscape will be
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