Mihailo Bjelic, co-founder of Ethereum Layer-2 scaling solution Polygon, has announced his resignation, sparking diverse reactions within the crypto community and among colleagues.
Reasons for Mihailo Bjelic's Departure
Bjelic announced his decision in a post on X on May 23, stating: "After much thought and reflection, I’ve decided to step down from the board of the Polygon Foundation and wind down my day-to-day involvement with Polygon Labs." He added that he will continue to support the project and the crypto industry as a whole.
Community Reactions to the Resignation
Bjelic's resignation was seen as a significant loss for Polygon. Co-founder Sandeep Nailwal noted that Bjelic has always been "a force behind so much of what makes Polygon what it is today." Others, including Skale Network's CEO, expressed their condolences and emphasized Bjelic's accomplishments.
Future of Polygon After the Founder Leaves
Although Bjelic has stepped down, he confirmed that he remains "as passionate as ever" and intends to stay active in the crypto industry. The future of Polygon is expected to include new initiatives, such as the partnership with Jio Platforms to enhance services in the Web3 technology realm.
Mihailo Bjelic's departure marks a transitional period for Polygon, yet his legacy and activity in the crypto industry remain a significant aspect of the project's future.
