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Polygon Co-Founder Mihailo Bjelic Steps Down from Foundation and Labs

  • Mihailo Bjelic, co-founder of Polygon, has stepped down from the blockchain project, resigning from the Polygon Foundation board and Polygon Labs.
  • Bjelic expressed his decision to resign after significant thought and reflection, stating his continued support for the industry while stepping back from day-to-day involvement.
  • He is the third co-founder to leave Polygon, following Jayanti Kanani and Anurag Arjun. While their reasons for departure are known, Bjelic's reason remains unclear.
  • Bjelic played a crucial role in Polygon's growth, co-founding the Ethereum Layer 2 in 2017, known for faster transactions, lower fees, and improved scalability, with recent collaborations and achievements marking Polygon's progress.

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