Mihailo Bjelic, one of the co-founders of the blockchain project Polygon, has announced his resignation, becoming the third founder to leave the team.
Bjelic's Departure
Mihailo Bjelic has announced his resignation from the Polygon Foundation board and is wrapping up his day-to-day involvement with Polygon Labs. He shared his decision in a post on X, emphasizing that he reflected deeply before making this choice. Bjelic stated that he will continue to support the project while remaining active in the crypto industry.
Contribution to Polygon's Growth
Bjelic played a significant role in the development of Polygon, contributing to its success since its founding. He joined forces with other co-founders Sandeep Nailwal and Anurag Arjun when Matic Network, known as Ethereum Layer 2, was established in 2017. This solution became popular for its faster transaction speeds and reduced fees.
Future Changes in Polygon
Bjelic's departure marks the third exit of co-founders in recent times, following Jayanti Kanani's resignation in October 2023 and Anurag Arjun's exit in March 2023. The reasons behind Bjelic's departure remain unclear, yet his contribution to initiatives like RealEstate.Exchange and collaboration with Jio Platforms highlight his importance within the company.
Mihailo Bjelic's resignation raises questions about the future leadership of Polygon and the project's ongoing development, especially following the recent changes in the founding team.
