Is Polygon In Distress? Mihailo Bjelic Is Third Founder to Exit

Is Polygon In Distress? Mihailo Bjelic Is Third Founder to Exit
Is Polygon In Distress? Mihailo Bjelic Is Third Founder to Exit

Main notes

  • Mihailo BJEIC moves away from the Polygon Foundation to follow other endeavors.
  • Currently, Sandeep Nailwal is the only co -founder in the Polygon Foundation Council.
  • Pol PRICE decreased by 4 % after advertising.

Mihailo BJEIC, one of the founders participating in the polygon, decided to step down from the Polygon Foundation panel. This makes him the third founder walking away from the protocol after Jenini Kanani and Anurag Arjun. According to his participation on X, BJEIC plans to get around, and cheer on the polygon from the side lines.

Why Bjelic descends from the leadership of the polygon?

Although it was not explicitly explained, the co -founder of the MAST has acknowledged that the project had developed and matured.


Hence, he indicated that “it is natural for visions to develop, and sometimes diverge.” Guessing is that its exit from the ecosystem plate is the difference that he talks about. Moreover, BJEIC clearly stated that he could no longer contribute to the polygon.

Meanwhile, it is still positive about the work that the ETHEREUM -2 layer -based solution will lead to. In this memo, the creator promised to show his support from the background.

The exit from the Polygon Bjelic painting adds to the co -founders Jaynti Kanani and Anurag Arjun, who have left their active roles equally in Blockchain project a while ago. Arjun was the first to step as a member of the Board of Directors in March 2023. He left to focus on benefiting, his normative project, Blockchain, whose main network began in 2024.

Seven months later, Kanani also decided that the time had come to retire. Today, Sandeep Nailwal is the only co -founder on the protocol panel at Polygon Foundation.

Along with Nailwal, all the four L2 individuals founded Ethereum eight years ago. During this time, the ecological system recorded a remarkable growth. I moved from the reference to the MATIC network to Polygon. Recently, I have completed the emigration of the distinctive symbol to Paul, which reflects its development.

“From major breakthroughs in zero knowledge technology, to some of the world’s largest brands, we have made purposeful steps towards this major vision.”

BJEIC claimed that he was in the encryption space since 2013.

In the light of the recent development, the co -founder of the mushroom also revealed plans to stop working with Polygon Labs Daily.

Is the polygon in distress?

The announcement of the BJEIC exit from Polygon Labs and Polygon Foundation sparked some reactions among members of the encryption community. Many people feel annoyed by the direction of the exits, with each other with regard to the latest as a loss of the mushroom. This is based on BJEIC contributions to the main developments recorded by the protocol.

Other entities indicate a possible problem in the ecosystem, although no one was able to prove these claims. The polygon faced some difficulties at the beginning of 2025, where he suffered a decrease in network health. At this time, many analysts and observers in the market were afraid that Paul would record a significant decrease.

As of writing these lines, the price of POL was trading at $ 0.2368, which corresponds to a decline in 3.72 %, which is likely to be affected by the BJEIC exit modernization.

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Benjamin Jodfrey is a blockchain lover and journalist who enjoys writing about the real life applications of Blockchain technology and innovations to pay public acceptance and complementarity all over the world for emerging technology. His desire to educate people about encrypted currencies inspire his contributions to the media and famous sites in Blockchain.

Godfrey Benjamin on X

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