Polygon’s co-founder, Sandeep Nailwal, has reopened dialogue across the community’s token identify.
He requested customers on X whether or not the challenge ought to return to its unique ticker, MATIC
$0.1995
, after a yr of utilizing POL.
Nailwal defined that whereas he personally prefers maintaining the POL identify, he typically hears that MATIC nonetheless feels extra acquainted, particularly amongst on a regular basis customers. He stated many retail holders stay uncertain what occurred to the previous token.
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He illustrated the priority with a easy instance:
The counter-argument I hold getting is: the man within the Philippines operating a sari-sari retailer, or an Uber driver in Dubai, knew MATIC… and now he has no concept the place it went.
Due to this confusion, he requested his followers for his or her opinion. He stated, “I’m genuinely curious what the broader neighborhood thinks, as a result of this suggestions retains arising”.
Some folks stated the identify doesn’t matter so long as Polygon continues to construct and enhance. Others argued that the MATIC identify nonetheless carries weight and that recognition amongst small buyers can affect development.
Nonetheless, some stated the MATIC model nonetheless connects with long-time supporters and retail merchants who have been drawn in early. Mo Ezeldin summed up that view by noting the market has not seen new retail buyers currently, so “going again to MATIC would possibly truly be the play right here”.
In the meantime, Flutterwave, a Nigerian fintech firm, has partnered with Polygon Labs to launch a brand new cost system utilizing stablecoins. What did CEO Olugbenga Agboola say? Learn the complete story.
