Mihilo Bjelic, co-founder of the Ethereum Layer-2 Scaling Solution Polygon, has dropped from his role in Polygon but suggests that he will remain active in the crypto industry in some capacity.
His resignation has drawn reactions throughout the polygon and the broader crypto community, with many seen as a significant loss for the polygon, which has been tied to many major development in recent months.
Bjelic Winds Down ‘Day-to-Day Involvement’
“After over-thinking and reflection, I decided to go down from the Polygon Foundation Board and drop my daily involvement in polygon labs,” Bjelic Says In a post of May 23 x.
“I will always make fun of the sideways and support how I can, however I can,” Bjelic added.
Polygon co-founder Sandeep Nailwal, praised Bjelic’s contributions in recent years, Adding That bjelic is always “a force behind what makes the polygon what it is today.”
Bjelic said he remained “as enthusiastic as before” about crypto, and suggested that he remain active in the crypto industry.
“You’ll probably still see me around,” Bjelic said.
Aave-chan Initiative Founder Marc Zella Says This is a “big L for polygon.” Polygon marketing leader Leon Stern Says The company will miss Bjelic. “Thanks for everything you’ve done for Polygon, and best luck,” Stern said. Meanwhile, Skale Network CEO Jack O’Hollaran Says Bjelic should be “proud” of all that he has done in Polygon and excited to see what he does next.
For the past two years, two of the earlier founders of the Polygon Labs, Jayntti Kanani and Anurag Arjun, have also stayed away from the company.
Arjun’s departure coincides with the polygon spin-off avail, a web3 data and consensus layer, which has become an independent creature, with Arjun leader.
Bjelic has yet to reveal his next plans.
Related: Crypto market cycle is permanently switched – Polygon founder
Bjelic’s resignation follows several major announcements tied to Polygon this year.
On March 25th, the Real-World tokenization Platform (RWA) was announced that it would be taken Tokenized real estate trading in polygon launching realestate.exchange, also known as rex.
Just two months before, on January 16, Jio platforms, An Indian mobile network operator Owning the richest people in Asia, Mukesh Ambani, cooperated with Polygon labs to upgrade some of the existing offerings with web3 and blockchain capabilities.
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