As ICO hype waned in 2017-2018, the $3 million provide might have completely modified the polygon (POL) technique. This is why co-founder Sandeep Nailwal would not remorse the provide he and his staff determined to skip seven years in the past:
“Verify 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 provide was a kind of “we felt mistaken in the long term, however we’ll repay in the long term.”
Generally you’re feeling that the fitting alternative has been mistaken 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 provide. The influencer actually stated, “The examine is prepared.”
– Sandeep | Polygon Basis (※,※) (@sandeepnailwal) CEO, August 8, 2025
In line with a Nailwal put up, when the ICO raised, the funding increase had misplaced steam, so he obtained a $3 million provide from Polygon, generally known as the Matic Community on the time. Some influencers even instructed him that “checks are prepared,” he needed to seal the deal.
Regardless of the small funds that obtained zero rewards for months, the staff declined the provide as “simple cash” all the time comes with an invisible chain. Shortly after the choice, issues received worse – the polygon was ghostly made by VCS, Nailwal admits:
We have reached a degree the place VCS would not even make our calls. I keep in mind one assembly in Singapore. There, I keep in mind actually saying, “I’ve to catch Uber” whereas the VC was making an attempt to stroll him round whereas pitching. I received a glimpse of his telephone that the automotive was 8 minutes aside.
2018 Crypto Winter has destroyed Dapps Panorama, which was fueled by ICO fans. To offer context, Ethereum (ETH), the biggest Altcoin and financial spine of ICO misplaced 94% in comparison with its peak in January 2018.
When Agglayer is become form, many polygon (POL) metric rockets
In 2020, Matic Community was rebranded as Polygon and remodeled 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 hundreds of mainstream daps.
In 2025, its ecosystem is approaching the discharge of Agglayer, a singular cross-chain interoperability infrastructure. The polygon (POL) community itself stays lively and revisits some data of varied 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 folks use it for issues that matter, equivalent to on a regular basis, low-cost P2P funds, dependable common monetary actions and extra.
Take a look at the default cost 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.
