Mihailo Bjelic, one of Polygon’s co-founders, has announced his departure from the blockchain project. He will be stepping down from both the Polygon Foundation board and his role at Polygon Labs, marking his resignation following other key departures within the team. This move is not without context: Bjelic played a crucial role in building Polygon into the platform it is today, joining forces with Jayanti Kanani and Sandeep Nailwal to launch Matic Network in 2017. The company’s success has been attributed to Bjelic’s leadership, as they developed the Ethereum layer-2 solution that delivers faster transactions, lower fees, and improved scalability. Polygon utilizes these features to enhance its own performance and user experience. Notable recent developments include DiGiShares’ announcement of real estate tokenization on Polygon in March, as well as Jio Platforms’ collaboration with Polygon Labs to integrate blockchain into some of their existing offerings in January.