An Inspiring Journey to Becoming India’s First Crypto Billionaire
india-untold Feb 27 2024
Author: Ishwi Singh Image Credits:social media
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Jaynti Kanani
Jaynti Kanani was born in a humble family. His father was a factory worker and could not earn enough money to carry out all the household expenses.
Image credits: social media
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Education
Despite the financial difficulties, he remained dedicated towards his studies. Jaynti Kanani earned an engineering degree from Dharmsinh Desai University, Nadiad.
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First job experience
After completing his graduation, Jaynti Kanani found a job at a company with Rs 6000 monthly salary.
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The struggles
With Jaynti Kanani’s father’s deteriorating health, he needed to find a job with better income. He worked on part-time projects and even collaborated with some start-ups.
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Blockchain technology
Jaynti Kanani’s quest for innovation prompted him to discover blockchain technology. This led to the launch of renowned company Polygon (formerly known as Matic).
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Polygon
In the year 2017, Jaynti Kanani launched Polygon along with Sandeep Naliwal and Anurag Arjun with the goal of addressing Ethereum’s issues with high fees and slow transactions.
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Ethereum transaction facilitator
Jaynti and his friends’ company became the world’s largest cryptocurrency Ethereum transaction facilitator.
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Achieving dreams
From earning Rs 6000 in a month to becoming a billionaire, Jaynti Kanani made it all happen with sheer dedication.
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Cryptocurrency startup
With the immense success of his startup, Jaynti Kanani emerged as one of India’s first billionaire co-founders of a cryptocurrency startup.