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Polygon Labs CEO: Bias against Indian co-founders hinders development of the Internet

On November 26, Cryptoslaate reported that Marc Boiron, CEO of Polygon Labs, blamed the difficulty of gaining wider adoption of Polygon's network in this field on racial bias against its co-founder Sandeep Nailwal. In a post posted on Platform X on November 25, Boiron suggested that Nailwal's Indian ancestry had led to prejudice and hindered Polygon's recognition, despite its widespread use throughout the blockchain industry. He wrote: "If Sandeep were not Indian, then Web3 would accept Polygon on a large scale, rather than treating Polygon as a second-class citizen even though its proof of stake is more commonly used than all blockchains combined." When a user in the cryptocurrency community argued that Indians had held important positions in major technology companies around the world, Boiron responded that location also played a role. He pointed out that Indians like EigenLayer's Sreeram Kannan in Western countries face much less prejudice than people working in India. At the same time, the broader Web3 community remains divided on the issue. Some users believe Polygon's challenges stem from competition from the emerging Ethereum Layer2 network or the network's own strategies, rather than bias.

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