As ICO hype waned in 2017-2018, the $3 million supply may have completely modified the polygon (POL) technique. Right here's why co-founder Sandeep Nailwal doesn't remorse the supply he and his staff determined to skip seven years in the past:
“Test was prepared”: Sandeep Nailwal refused to promote polygons for $3 million in 2018
Sandeep Nailwal, founding father of Polygon (Pol) Blockchain and CEO of Polygon Basis, was supplied $3 million to his enterprise in 2018. The choice to reject the supply was a kind of “we felt incorrect in the long term, however we'll repay in the long term.”
Typically you are feeling that the fitting alternative has been incorrect for years, nevertheless it pays off in the long term.
In 2018, everybody was elevating $15 million within the ICO increase. After successful the competitors, there was additionally a $3 million supply. The influencer actually mentioned, “The examine is prepared.”
– Sandeep | Polygon Basis (※,※) (@sandeepnailwal) CEO, August 8, 2025
In response to a Nailwal put up, when the ICO raised, the funding increase had misplaced steam, so he acquired a $3 million supply from Polygon, often called the Matic Community on the time. Some influencers even advised him that “checks are prepared,” he needed to seal the deal.
Regardless of the small funds that acquired zero rewards for months, the staff declined the supply as “simple cash” all the time comes with an invisible chain. Shortly after the choice, issues acquired worse – the polygon was ghostly made by VCS, Nailwal admits:
We've reached some extent the place VCS doesn't even make our calls. I bear in mind one assembly in Singapore. There, I bear in mind actually saying, “I’ve to catch Uber” whereas the VC was making an attempt to stroll him round whereas pitching. I acquired a glimpse of his telephone that the automobile was 8 minutes aside.
2018 Crypto Winter has destroyed Dapps Panorama, which was fueled by ICO fanatics. To supply context, Ethereum (ETH), the biggest Altcoin and financial spine of ICO misplaced 94% in comparison with its peak in January 2018.
When Agglayer is changed into form, many polygon (POL) metric rockets
In 2020, Matic Community was rebranded as Polygon and reworked from Ethereum's L2 to the worldwide Defi Hub. The staff secured a whopping $500 million in funding and remained true to their preliminary worth. Polygons modified the way in which Ethereum (ETH) was scaled and loaded with 1000’s of mainstream daps.
In 2025, its ecosystem is approaching the discharge of Agglayer, a novel cross-chain interoperability infrastructure. The polygon (POL) community itself stays energetic and revisits a number of information of assorted metrics.
For instance, Polygon (Pol) solidifies itself as a go-to blockchain for small funds. One of many three small funds on the chain happens in polygons (POL), says the brand new knowledge.
Precise adoption begins with precise use.
Polygons lead market share for small funds and earn with medium funds. As a result of individuals use it for issues that matter, corresponding to on a regular basis, low-cost P2P funds, dependable common monetary actions and extra.
Take a look at the default fee rails…pic.twitter.com/ntihb9fu2k
– Polygon (@0xPolygon) August 1, 2025
Polygon (Pol) additionally processes greater than $250 million per 30 days funds for Latin America's digital switch system.
