Ethereum scaling solution Polygon has seen huge adoption through partnerships with major brands like Starbucks and Addidas, increasing the network’s popularity among cryptocurrency users. Former VP of Growth Arjun Kalsy discusses how Polygon has attracted partnerships with major brands and how the project is driving mass crypto adoption.
Arjun Kalsy, before leaving Polygon late last year, led a team tasked with onboarding companies to promote adoption of the Polygon network. According to Kalsy, it was always nice to talk to brands looking to switch from Web2 to Web3 or add elements of the decentralized world to their platforms. The onboarding process involved several technical meetings where the Polygon network and its capabilities were discussed by these major brands, who see integrating other technologies as “a big deal.”
Kalsy explained that after the first set of big brands announced partnerships with Polygon, it opened more doors for the network. Additionally, passing network evaluation by major brands gave other teams the confidence to work with Polygon.
Despite Polygon’s impressive growth, Arjun Kalsy believes that there is much more that could emerge from the integration of zero-knowledge backlogs network. The Zk-Rollups technology is expected to increase the speed at which the Layer 2 platform can achieve its purpose while ensuring a high level of security.
After Polygon, Arjun Kalsy moved to BitDAO, where he is Head of Ecosystem at Mantle, an Ethereum Layer 2 network with a modular design. At BitDAO, Kalsy seeks to onboard companies looking to evolve from centralized structures to decentralized leadership. He argues that we will see a number of companies make the switch to decentralized governance in the coming years.
Kalsy explained that all startups have a predictable trajectory that involves raising money early and going public as the company grows, which is a long and winding journey that can be cut short with decentralized governance. He argues that with decentralized autonomous organizations (DAOs), startups go public immediately, allowing them to benefit from the transparency and global coverage that comes with opening their company’s governance to everyone.
Related: NFT Steez and Cryptoys CEO discuss the future of toys and entertainment within Web3
On the future of the cryptocurrency industry, Kalsy believes that the latest market downtrend is part of the regular ups and downs across all asset classes. He believes that the market recovery will be quick and could propel the industry to new highs.
In this episode, Elisha and Arjun Kalsy also discuss:
- Managing growth at a major Web3 company
- Evolution of companies to DAOs
- Future Polygon Technical Updates: Zero Knowledge Accumulations
- The growth of Ethereum scaling solutions
- BitDAO and the Mantle Network
To learn more about the growth of Polygon and the turn of companies from centralized entities to decentralized autonomous organizations, listen to episode six of hacking it out on the new Cointelegraph Podcasts page or Spotify, Apple Podcasts, Google Podcastseither Tune in.
