The Ethereum scale solution, Polygon, has witnessed a lot of adoption through partnerships with major brands like Starbucks and Addidas, which has increased the network’s popularity among cryptocurrency users. Former vice president of growth, Arjun Kalsy, breaks down 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 drive adoption of Polygon’s network. According to Kalsy, talking to brands that want to pivot from Web2 to Web3 or add elements of the decentralized world to the platform is always exciting. The onboarding process involved several technical meetings where the Polygon network and its capabilities were scrutinized by the major brand, which considered integrating other technologies “a big deal.”
Kalsy explained that after the first set of big brands announced their partnership with Polygon, it opened more doors for the network. Additionally, passing a network evaluation by a major brand gave other teams the confidence to work with Polygon.
Despite Polygon’s impressive growth, Arjun Kalsy believes there is more to come out of network integration than a zero-knowledge rollup. Zk-Rollups technology is expected to increase the speed at which the layer-2 platform can achieve finality while ensuring a high level of security.
After Polygon, Arjun Kalsy moved to BitDAO, where he was the Head of Ecosystem at Mantle, an Ethereum-2 layer network with a modular design. At BitDAO, Kalsy is looking to onboard companies that want to evolve from a centralized structure to decentralized leadership. He says we will see some companies switch to decentralized governance in the coming years.
Kalsy explained that all new companies have a predictable trajectory that involves raising money at an early stage and going public as the company grows, a long journey that can be shortened with decentralized governance. He said that with a decentralized autonomous organization (DAO), new companies are immediately open to the public, so they can benefit from the transparency and global coverage that opens up your company’s governance to everyone.
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On the future of the cryptocurrency industry, Kalsy believes that the latest market downtrend is part of the regular ups and downs of all asset classes. He believes that the market recovery will be fast and can push the industry to the highest level.
In this Episode, Elisa and Arjun Kalsy also discuss:
- Growth management at a major Web3 company
- The evolution of a company into a DAO
- Polygon future technical upgrade – zero knowledge rollup
- Growth of Ethereum scale solutions
- BitDAO and the Mantle network
For more on Polygon’s growth and the company’s pivot from a centralized entity to a decentralized autonomous organization, listen to episode six of Hashing It out on the new page of Cointelegraph Podcasts or Spotify, Apple Podcasts, Google Podcasts, or TuneIn.