Polygon, the Ethereum-based layer 2 blockchain, has been focused on achieving mass market adoption. The platform, which began as a blockchain project back in 2017, has since then gained attention from big companies such as Starbucks, Salesforce and Disney which have tapped into its capabilities. Sandeep Nailwal, Polygon's co-founder, stated that the mission for his platform has always been mass adoption of Web3 technologies.

These Web3 technologies have the potential to provide features such as self-custody and ownership of digital collectibles, and when it comes to achieving mass adoption, Nailwal suggested that the benefits provided by Web3 apps will be essential. For example, one of the companies already tapping into Polygon's capabilities is the platform Reddit with its Non-Fungible Token (NFT) marketplace.

Nailwal also believes that mass adoption and usage of these applications could lead to more friendly regulation regarding cryptocurrencies. As more people use and recognize the value they provide, regulators will understand that this is an industry with legitimate potential. An example of Web3's capabilities has been showcased by Starbucks' Odyssey program, which incorporates loyalty rewards with NFTs as well as gamified elements.

In conclusion, Polygon and its associated Web3 technologies aim to make cryptocurrencies accessible to the general public, providing them with the comfort of self-custody and the ownership of digital identity. As more companies and users recognize the value behind these technologies, mass adoption of Web3 may eventually lead to more favorable regulation from governing bodies.



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