Sandeep Nailwal, Co-founder Polygon

Sandeep Nailwal, Co-founder Polygon

Software engineer for Computer Sciences Corporation since 2010, Sandeep Nailwal is a software developer based in Delhi. He became a consultant with Deloitte in 2014, where he worked on management consulting and program management projects. Nailwal served as the Welspun Group's chief technology and supply chain officer from 2015 to 2016.
Metaverse Post ยป Sandeep Nailwal, Co-founder Polygon
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Nailwal established ScopeWeaver as CEO in March 2016, but soon developed an interest in artificial intelligence (AI) and blockchain technology. As co-founder and COO of Polygon (Matic Network), Nailwal joined the company in 2017.

In 2022


On the platform, there are more than 3,000 active development teams, and Nailwal claims the number will soon rise to 5,000. Additionally, he noted that compared to Ethereum, Polygon now has 50% more daily active users. In 2022, when the Metaverse craze starts, it will be interesting to see how gaming and NFTs’ rising popularity play a role.

Due to the growing acceptance of Polygon’s blockchain by gaming platforms, NFTs, and decentralized finance, the company’s market capitalization has increased tenfold. In the top 20 cryptocurrencies by market capitalization as of December 31, 2021, MATIC had a market value of $18 billion.

On December 17, 2021, Polygon announced the creation of a $200 million venture capital fund alongside startup Seven Seven Six, founded by Reddit co-founder Alexis Ohanian. The alliance has ambitions to invest in projects being created on Polygon for gaming, social networking, and Web 3. In 2022, it is anticipated that having various platforms built on Polygon will significantly increase network usage.

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