Sandeep Nailwal

Polygon co-founder Sandeep: New features and tools will be launched to further lower the development threshold and enhance user experience

ChainCatcher live report, Polygon co-founder Sandeep Nailwal delivered a speech titled "The Age of Aggregation" at the TOKEN2049 conference, exploring the current state and future trends of the blockchain industry. Sandeep pointed out that although the blockchain industry has achieved some success, core issues such as scalability and interoperability still need to be addressed. He emphasized that to achieve global adoption of blockchain, it is essential to break the limitations of traditional frameworks and pursue infinite scalability and unified protocols.In his speech, Sandeep introduced Polygon's innovative attempts to solve these problems, particularly how its latest products achieve cross-chain interoperability and security guarantees by adding an additional layer of architecture. This architecture not only unifies liquidity but also allows developers to maintain full control over their projects while enjoying infinite scalability. He mentioned that Polygon's goal is to enable every application to launch its own chain without being isolated, thereby building a true value internet.Sandeep also shared Polygon's optimistic outlook for the future of the blockchain industry and called on developers to actively embrace change and work together to promote the healthy development of the industry. He stated that with continuous technological advancements and the increasingly完善 ecosystem, blockchain will play an important role in a wider range of fields, injecting new vitality into the global economy.Finally, Sandeep revealed new features and tools that Polygon is about to launch, aimed at further lowering the development threshold and enhancing user experience. These innovative initiatives will undoubtedly bring more possibilities and opportunities to the blockchain industry.

RootData releases the top 50 Web3 angel investors list, featuring Balaji, Sandeep, Sandiago, and others

ChainCatcher news, according to statistics and analysis from the crypto asset data platform RootData, from August 2023 to the present, market financing events have risen in tandem with secondary market trends, with financing rounds decreasing by 10% compared to the peak Bitcoin price in November 2021. During the same period, the monthly financing amount has consistently remained at the "pressure level" of $1 billion, a decline from the previous bull market peak financing amount of $6.12 billion to $1.01 billion, a decrease of approximately 83%. The data indicates that in this bull market cycle, project valuations have been corrected, while the demand for project financing has increased, but the difficulty of financing has also expanded. Additionally, the fundraising and exit pressures on institutional investors are continuously rising, so the participation of Web3 angel/individual investors will help support more early-stage Web3 entrepreneurs and project innovations.RootData has released a list of the top 50 Web3 angel investors over the past year (from August 1, 2023, to August 1, 2024) based on factors such as investment activity and influence. Among them, the top 10 angel investors with the most investments in the past year have collectively participated in investments totaling $1.88 billion (this data is based on total project financing amounts), participating in a total of 234 financing events. These investments are mainly distributed across infrastructure (15.9%), DeFi (9.2%), and GamFi (8.3%). The new track AI accounts for 4.7%, higher than the modular (2.6%), LSD (2.1%), DePIN (1.13%), and RWA (0.75%) tracks that institutional investors are more focused on.In the past year, Polygon co-founder [Sandeep Nailwal](https://www.rootdata.com/zh/member/detail/Sandeep Nailwal?k=MTI5MjU=) has been the most active with 39 investments, participating in Berachain's $100 million Series B financing, as well as financing for well-known projects like Ether.Fi, Succinct, and Movement. Solana co-founder and CEO [Anatoly Yakovenko](https://www.rootdata.com/zh/member/detail/Anatoly Yakovenko?k=OTAyMw==) has invested in 12 infrastructure track projects in the past year, accounting for 26% of his total investment count. Notable angel investor [Balaji Srinivasan](https://www.rootdata.com/zh/member/detail/Balaji Srinivasan?k=MTI5MjI=) has made 24 investments in the past year, with a total investment amount of $230 million (this data is based on total project financing amounts), showing significant interest in AI and tool-related projects. Renowned NFT collector dingaling has participated in financing events for over 30 different segmented track projects in the past year, with the GamFi track accounting for 48% of his total participation financing amount (this data is based on total project financing amounts).
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