Polygon’s mission ‘has always been to promote widespread Web3 adoption,’ Co-Founder Suggests

Sandeep Nailwal, the platform’s co-founder, stated that Polygon, an Ethereum-based layer 2 blockchains, is intent on becoming mainstream.

“Polygon’s goal has always been the widespread adoption of Web3,” Nailwal said on Monday’s “First Mover” on CoinDesk TV.

Polygon, which began as a blockchain initiative in 2017, has garnered widespread interest since the previous year. Numerous major companies, including Starbucks, Salesforce, and Disney, have already adopted the platform.

He said, With Polygon consumer-facing businesses can “interact and engage with their customers” in more ways. Reddit was cited as an example of a company that has already partnered with Polygon as it seeks to expand its non-fungible token (NFT) market.

According to Nailwal, achieving widespread adoption will ultimately depend on the advantages that Web3 applications offer, such as self-custody and the proprietorship of digital collectibles. For example, Starbucks’ Odyssey program integrates customer loyalty rewards with NFTs and gamified elements.

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