United States

Fermah

NovaNet

NodeOps

Electron

India

Rep3

Products

Protocols

Infrastructure

Apps

Tools

Interoperability

DeFi

Scaling

Gaming

Wallets

Bots

Dev Tools

Resource Coordination

Exchanges

Oracles

Data

Stablecoins

Indexing

Block Explorers

Multichain

Investing

Community

Modular

Layer 1

Aggregators

Liquidity

Metaverse

Mobile Wallets

Payments

Social Token

Staking

Storage

Validators

Yield

Compliance

Algorithmic

Custody

Data Analysis

Entertainment

Identity

IPFS

Jaynti Kanani is Founder & CEO at Morphic, Mozak. Formerly, Co-founder & CEO at Polygon, Full-stack developer and blockchain engineer. Contributor to Web3, Plasma, WalletConnect. Previously data scientist at Housing.com.

At Polygon, we are building a Layer 2 solution on top of Ethereum. Initially, Matic will be targeting token transfers with Plasma and will build scalability for the general state using generic state fraud proofs.

From my perspective, Ethereum is far ahead than other smart contract platforms, in terms of its simplicity and focus on decentralization. It also has such a fantastic community and passionate devs working for it - I have been privileged to be interacting and learning from so many great people in this space.

However, there are problems with throughput, and the resultant slow transactions and high transaction fees. The current system is also inherently not user-friendly. One of the key pillars of ideology is user experience which is very poor for Blockchain applications as of now. With Matic Network, we want to solve these problems.

I am fascinated by scaling mechanisms - Plasma, state channels and others. Building any usable decentralized system will involve tradeoffs - the challenge is to design Consensus mechanisms and the underlying economic incentives/disincentives - crypto-economics - in such a way, that you achieve throughput while still maintaining decentralization. And having fun, while doing it!

We are open to collaborations around scaling - and we do intend to engender a dApp ecosystem around the Matic platform. Please do reach out to me for any such requests.

Polygon

Jaynti Kanani

Funding Rounds

CypherHunter Plus

Jaynti Kanani

Investment Rounds

Deal by Year

Portfolio