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Polygon Labs CEO says bias against Indian co-founder hindering network’s growth

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Credit : cryptoslate.com

Marc Boiron, CEO of Polygon Labs, has attributed the community’s struggles with broader acceptance within the house to racial bias in opposition to co-founder Sandeep Nailwal.

In a November 25 publish on

He wrote:

“If Sandeep wasn’t Indian, web3 would have massively embraced Polygon as a substitute of treating it like a second-class citizen, even when Polygon PoS was extra broadly used than all blockchains mixed.”

When a consumer within the crypto neighborhood argued that Indians had performed a distinguished position in main tech corporations worldwide, Boiron responded by suggesting that geography performs a task. He noted that Indians in Western nations like Sreeram Kannan of EigenLayer face much less prejudice in comparison with these working from India.

He additionally pointed to discriminatory feedback, together with racist feedback, as proof of the underlying downside. Boiron said:

“All you need to see are all of the ‘brown’ reactions to know there’s a downside.”

In the meantime, the broader Web3 neighborhood stays divided on this problem. Some customers attribute Polygon’s challenges to competitors from newer Ethereum Layer-2 networks or to the community’s methods, moderately than bias.

Regardless of Boiron’s claims, Polygon stays a distinguished participant within the sector, and its POL token is the thirtieth largest digital asset by market capitalization. Nevertheless, the blockchain’s reputation has declined in comparison with newer layer 2 networks such because the Coinbase-backed Base Community.

Nagelwal unperturbed

Nailwal acknowledged the challenges however urged builders to remain centered. Though he admits that such prejudice initially affected him, he now considers it unintentional.

He declared:

“This used to hassle me, however now I perceive that nobody does it deliberately or in a scientific approach, so do not take it personally.”

Nailwal additional emphasised that dwelling on discrimination is counterproductive and suggested builders to focus their power on constructing transformative options as constant success can finally problem biases.

READ  Hedge funds and RIAs boost Bitcoin exposure to $34.3B, up 357% in 2024

In the meantime, the dialog about discrimination in opposition to Indian builders extends past Polygon. Nader Dabit from EigenLayer marked related points, noting that some within the crypto neighborhood harbor bias in opposition to Indian builders, typically out of insecurity.

Polygon Labs CEO says bias in opposition to Indian co-founder hindering community progress first appeared on CryptoSlate.

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