Mihailo Bjelic officially leaves the Polygon Foundation board and reduces his involvement with Polygon Labs.
Sandeep Nailwal remains the sole original co-founder actively working on Polygon.
Polygon continues development and governance despite the leadership change following Bjelic’s exit.
Mihailo Bjelic, one of the founders of Polygon, said he was leaving the blockchain network. He chose to step down from the Polygon Foundation board and work less at Polygon Labs each day. Sandeep Nailwal is the only member of the early team still involved in steering the project.
Departure Announcement
Bjelic communicated his exit through a post on X, formerly known as Twitter. He explained that after considerable reflection, he decided to step down from his roles in Polygon. His statement confirmed that he will no longer be part of the Polygon Foundation’s board or involved in daily functions at Polygon Labs. This marks a significant administration change in the organization.
https://twitter.com/MihailoBjelic/status/1925955088272572765
With Bjelic's exit, Sandeep Nailwal remains the sole original founder actively working within Polygon. Nailwal responded to Bjelic’s announcement by recognizing his contributions to the network. Nailwal also extended well wishes for Bjelic’s future endeavors, indicating respect between the co-founders despite the transition.
Background on Polygon’s Origins
At first called Matic Network, Polygon has grown to become a leading answer to scaling problems on the Ethereum network. With lots of activity on Ethereum, the developers made sure transactions were both quicker and less expensive. At the time of its debut in 2016, Jaynti Kanani, Sandeep Nailwal, Mihailo Bjelic and Anurag Arjun started Polygon. The technology and community of the network were largely built due to the unique roles each founder had.
Bjelic’s departure reduces the original founding team’s presence within the project's governance and development. Polygon Foundation governs aspects related to the network’s development, ecosystem growth, and community support. The change could affect how the foundation directs future efforts, considering only one original founder remains actively involved.
Although Bjelic steps away, the network continues its operations with Nailwal leading the original team. The foundation and Polygon Labs remain focused on the ongoing development and adoption of the platform. The exit signals a shift in leadership but does not imply immediate changes to Polygon’s technical roadmap or community initiatives.Mihailo Bjelic, a key figure in Polygon’s founding, announced his departure from the Polygon Foundation and reduced day-to-day activities. His exit leaves Sandeep Nailwal as the last active original founder. The network, initially known as Matic, was founded by four individuals who helped build one of Ethereum’s layer 2 scaling solutions. Bjelic’s decision marks a leadership change, while Polygon continues its development and governance under the remaining team members.
