New Delhi. It is said that luck favors only those who believe in themselves, fight challenges and give everything to fulfill their dreams. This has been proved by Jayanti Kanani, who has made a big name in the world of blockchain industry after emerging from the narrow streets of Ahmedabad. Despite being born in a very poor family, struggling with every difficulty of life, running a household with less money and being drowned in debt, Kanani never gave up his determination to succeed. The result of that is that today he is the co-founder of the world’s famous blockchain company Polygon, whose value today is Rs 8,300 crore.
There is a long struggle hidden behind this success. A story which tells that if the intention is strong, circumstances never come in the way. Jayanti Kanani was born in a very ordinary family on the outskirts of Ahmedabad. His family lived in a small flat. Father was an ordinary worker in a diamond factory. His income could barely sustain the household. Since childhood, Jayanti saw poverty closely and had only one dream, to take her family out of this life.
studied with great difficulty
The financial condition of Jayanti Kanani’s house was not good. Still, his father somehow made him do B.Tech in Computer Science. Because the condition of the house was bad, he had to take up a job immediately after studies. In his first job he got only Rs 6,000. Meanwhile, his father’s eyesight started weakening. Doctors advised to stop working. Now the responsibility of the entire house fell on the shoulders of Jayanti, who earns Rs. 6,000. He changed his job to a better paying position and also started earning extra money by doing small projects at home at night. But fatigue, responsibilities and financial burden increased.
marriage by taking loan
The Canaanites were struggling with financial difficulties. In the meantime he also got married. He did not have money for the marriage. He had to take a loan. Household expenses, father’s illness and debt, all these made his life difficult. The journey continued from one job to another. I had a dream of becoming an entrepreneur in my heart, but I did not have the courage and the circumstances were also not supporting me.
Life changed when I met Sandeep and Anurag
Kanani’s life changed when he met Sandeep Nailwal and Anurag Arjun while working as a data analyst in a company. When Jayanti Kanani was working as a data analyst in a company, she met Sandeep Nailwal and Anurag Arjun. All three wanted to do something big to earn money. Sandeep is a software engineer. He has worked in companies like Deloitte and Wellspun. Similarly, the third co-founder Arjun had earlier started a GST related startup. Together, all three started Polygon in 2017. Initially it was named Matic Network.
Now Polygon is a company worth Rs 8300 crore
In the year 2021, Jayanti and his colleagues changed the name of their company to Polygon. Polygon has progressed a lot in just 8 years. The current value of the company is estimated at Rs 8300 crore. Polygon has also received funding from America’s famous investor and Shark Tank judge Mark Cuban. Apart from this, SoftBank, Tiger Global and Sequoia Capital India have also invested money in the company.
What does polygon do?
Polygon is a blockchain platform that makes Ethereum faster, better, and cheaper. With its help, developers can create their blockchain apps, create NFTs, Web3 projects and gaming platforms and scale DeFi projects easily. Today there are 7,000+ dApps running on Polygon and it has become the most trusted name in the Web3 world. The use of Polygon’s blockchain in gaming players, non-fungible tokens and decentralized finance is increasing rapidly. In March 2021, Nasdac-listed Coinbase allowed its users to trade in Polygon Coin.
It provides a Layer-2 solution, which makes blockchain transactions faster, cheaper and more efficient. The company was started in 2017, when it was launched under the name of Matic Network. Its name was changed to Polygon in 2021. It is an important part of the Web3 ecosystem, where developers can easily create Ethereum-compatible blockchain networks.
