Polygon, which was previously known as Matic, a blockchain scalability platform, was founded in 2017 by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. It was later joined by a Serbian engineer Mihailo Bjelic. It is intended to address the issue of excessive transaction costs and slowness on Ethereum, the world's second-largest cryptocurrency by market value.
Polygon hasn't consistently ranked in the top ten cryptocurrencies. But, on the other hand, the team behind it is full of optimism and believes they can overtake Bitcoin and Ethereum as the most popular projects. So here, let's get ourselves familiar with one of the first crypto billionaires of India, Anurag Arjun.
Anurag Arjun is a co-founder and chief product officer at Matic Network.
Meltem Demirors Biography - Bitcoin Investor
Anurag Arjun, one of the first crypto billionaires of India, is basically from Bengaluru, Karnataka, India. Anurag is a computer engineer who completed his education at the Nirma Institute of Technology. Moreover, he also appeared for the CAT examination and secured the 99.61 percentile.
Anurag Arjun cleared the CAT exam with 99.61 percentile. Image Source: Social Media.
Apart from the billionaire's educational background, neither his birth details nor Anurag's parents' information is available. However, we would love to know more about the Karnatak based engineer's childhood in the near future.
Anurag Arjun Net Worth & Career
The whole hype about the blockchain and cryptocurrencies was once nothing but a nuisance to the regular people. However, today the scenario is changing as even the top billionaires are securing their place by investing in such crypto networks.
The founders of Polygon came with the concept in 2017 and started creating the product in April 2018 after forming the firm and raising a small amount of money from friends and family.
The prize pool for the round was only $150,000. After that, the team did another minor round of funding, this time for about $500,000. Following that, the developers raised $5 million via a first exchange offering with Binance.
Matic, Polygon's native token, has grown in value from $26 million when it was originally released in 2019 to over $14 billion. The growth in the price of Matic has made its co-founders billionaires, thanks in part to their 4-5 percent shares in the cryptocurrency. Hence we can clearly see how the newly made billionaire Anurag Arjun's net worth skyrocketed all at once.
Here, have a look at what Anurag Arjun has to say about the Blockchain network, Matic.
Taking a brief glance at his earlier roles, Anurag first started working as a Programmer Analyst in Cognizant Technology Solutions from 2006 to 2008. After gaining work experience of two years and four months, he landed a job at Dexter Consultancy Pvt. Ltd. as a product manager. The engineer then served at IRIS Business Services Limited, where he worked for about three years and four months.
As of now, from December 2017, Anurag has been serving as Co-Founder & Chief Product Officer at Matic Network. Though the network's name has changed into Polygon surprisingly, the founders still refer to it by its previous name in interviews.
The thing here to know is that MATIC is the name of the cryptocurrency that runs the Polygon network.
Moreover, Anurag is an entrepreneur as well. He has also used IRIS software, which is used by institutions like central banks. In fact, before stepping into the blockchain, he had started a GST-related business. Thus, we can see even before stepping into the crypto world, Anurag Arjun's net worth was substantial.
And since we are talking about cryptocurrencies, then also read about Taylor Gerring, the Co-founder of Ethereum. This blockchain platform has a crucial role in the whole concept of the Polygon network.
Is Anurag Arjun Married?
Where there is too much of a buzz about crypto and blockchain, we wonder if the developers have time to think about their personal lives. Similarly, there is no information about Anurag Arjun's girlfriend or wife, but his involvement in the digital platform is highly publicized.
Hence we wonder if the tech giant is already married or is still immersed in making the Polygon network one of the top blockchain scalability platforms.
Moreover, Polygon, which already has 400 apps, 76 million transactions, and 800,000 unique users, appears to have a promising future, and so have its founders.
- Anurag is a fluent speaker of English, Gujarati, Hindi, and Malayalam.
- Moreover, Mark Cuban, the owner of the NBA's Dallas Mavericks and a billionaire investor on Shark Tank, recently invested an unknown sum in Polygon.
- He has 13.6K followers on Twitter.