Polygon’s co-founder, Sandeep Nailwal, has reopened dialogue across the community’s token identify.
He requested customers on X whether or not the mission ought to return to its authentic ticker, MATIC
$0.1995
, after a yr of utilizing POL.
Nailwal defined that whereas he personally prefers holding 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.
Do you know?
Subscribe – We publish new crypto explainer movies each week!
Non-custodial Pockets: Why Do You Want It Proper NOW
He illustrated the priority with a easy instance:
The counter-argument I maintain 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 individuals 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 traders can affect progress.
Nevertheless, 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 traders currently, so “going again to MATIC may 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.
