ChainCatcher news, according to The Block, Sandeep Nailwal, co-founder and executive chairman of blockchain developer Polygon Labs, will also serve as Chief Business Officer, overseeing strategies related to solutions developed by Polygon.Nailwal will also help expand AggLayer, "a decentralized network that connects various chains for shared state and liquidity."Nailwal stated: "Polygon Labs is building incredible transformative technology that will provide developers and businesses with countless opportunities to scale quickly and securely while gaining liquidity."

ChainCatcher news, CoinDesk reports that Polygon co-founder Sandeep Nailwal, along with the venture capital firm Symbolic Capital he co-founded, has announced the launch of a new Nailwal Scholarship to provide financial support for early builders transitioning from Web2 to Web3.Nailwal has committed to donating his own money to 10 builders selected each year, with a total amount of $500,000. The scholarship focuses on individuals rather than teams. The program is open to all Web3 builders, regardless of age or location. The Nailwal Scholarship accepts applications from May to early June each year. (source link)

ChainCatcher news, according to The Block, Polygon co-founder Sandeep Nailwal has launched a Web3 startup accelerator called Beacon, which will fund early crypto projects through guidance and financial support. Sandeep Nailwal stated that 15 startups have already received funding from Beacon.It is reported that Beacon offers a 12-week program to guide and fund entrepreneurs. The first batch, "Cohort 0," launched in October, with over 30 founders from 15 startups participating, covering areas such as DeFi, infrastructure, and gaming. The application deadline for the next batch is January 31. (source link)