Saturday, September 30, 2023

Polygon Studios Hired Executives From Amazon, Riot Games

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Polygon Studios hired six executives from tech and gaming companies such as Amazon, Riot Games, and Electronic Arts, less than two months after CEO Ryan Wyatt took the reins so let’s read furhter in today’s latest blockchain news.

Polygon Studios is a web3 development company that is focused on Ethereum’s Sidechain and it now hired six executives from companies such as Electronic Arts, Amazon, and Riot Games. Michael Blank from Electronic Arts will be joining Polygon Studios as the new chief operating officer, and Young Ko will be joining as a chief financial officer from Penske Media. Urvit Goel and Charanjit Bansi will join as well as VP of gaming business development and VP of game design.

Goel came from Amazon where he worked as a business developer for a decade while Bansi worked at Mythical Games and as a Call of Duty developer. Ben Watley who is another gaming industry executive will be joining Polygon Studios from Electronic Arts and he will mostly focus on gaming strategies along with fellow hire Will Matteson who worked at NASA. Polygon Studio CEO Ryan Wyatt joined the company two months ago after he left YouTube’s gaming division and now said he is thrilled to have the new hires:

“The combined expertise and perspectives from both the traditional and blockchain industries will be invaluable in growing the developer ecosystem and bridging the gap between Web2 and Web3.”

As recently reported, The Polygon network has three layers and each one serves a distinct purpose. The ETH layer runs smart contracts while the Bor Layer helps in generating blocks and the fault lies in the third Heimdall layer. The bug caused the different Heimdall validators to be on different versions of the chain and hasn’t reached the 2/3 consensus. The outage for a few hours was expected and was notified by the Polygon team with the 11-hour extended outage which became a reason for concern for most projects and traders.

Polygon’s Network Grows, eth, ethereum, developers,

The Polygon network fixed another upgrade bug back in 2021 after the security partner discovered a bug that can put $24 billion worth of funds at risk. As per the latest Polygonscan data, the network started producing timely blocks and the team assured the network bug was taken care of.

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