Sandeep Nailwal, the co-founder of Layer 2 blockchain Polygon, is upbeat on Web3 mainstream adoption. “The journey is going to be long, prolly a decade or so, but THE mission “mass adoption of Web3″ will be achieved.” he wrote on Twitter.
His Twitter thread is followed by Polygon Network breaking an all-time record with 190.95 million unique addresses on November 14.
The U.S. sports retail giant Nike’s choice of Polygon as the base for its NFT site, ‘.Swoosh,’ has caused native token MATIC’s price to set an all-time high.
The Polygon network has over 135 million unique addresses and has staked approximately 4 billion MATIC tokens, according to data from the official website.
As reported by CryptoRank, Polygon is the third most profitable smart contract platform in terms of monthly commissions collected. Its monthly revenue over the last 30 days is $3.4 million, a 218% increase from the previous comparable period. Polygon is currently valued at $24 million and $114 million, respectively, trailing only BNB Chain and Ethereum.
He said “zkEVM is the project of my life”, with the level of determination I have rarely seen in a human being. Only other person i remember like that was Legendary Indian cricketer Rahul Dravid. Standing like wall, many times alone, in face of any adversity, those eyes.. man… pic.twitter.com/ycXOC9iGkW
— Sandeep | Polygon 💜🔝3️⃣ (@sandeepnailwal) November 17, 2022
Nailwal quoted blockchain developer Jordi Baylina, who said, “zkEVM is the project of my life.” zkEVM is a virtual machine that generates zero-knowledge proofs to validate programme correctness.
With the level of determination, I have rarely seen in a human being. Only other person i remember like that was Legendary Indian cricketer Rahul Dravid. Standing like wall, many times alone, in face of any adversity, those eyes.. man…
Nailwal added.
The news of other exchanges being involved in the FTX saga has raised more concerns, as many investors and traders are hesitant to invest in some projects. However, this cannot be said of MATIC, as many investors and traders remain enthusiastic about this project. The big brands currently building on Polygon include Nike, Adidas, Starbucks, Reddit, Meta, Robinhood, Ebay, Disney, Stripe, and Adobe.
I am not going anywhere, no matter which CEX goes belly up, what hacks happen, adverse regulation or whatever else, I’m gonna keep showing up everyday & fight for it
Nailwal assured the community.
