Getting crypto out of the 'AOL era' — Sandeep Nailwal

Crypto still has several years to go before achieving mainstream mass adoption, mirroring the internet experience of the late 1990s, says Polygon's cofounder.

The current state of crypto is akin to the internet's "America Online" (AOL) era during the late 1990s, when the user experience was clunky, technical, featured limited use cases, and moved at dial-up speeds, according to Polygon co-founder Sandeep Nailwal.

In an interview with Cointelegraph, Nailwal identified several key areas of development to improve user experience, including seamless fiat on- and off-ramps, custody solutions that feature key recovery, and hardware wallets built into mobile devices.

“We are probably still in 1998, and it is going to take at least 10 to 15 years to see crypto in its full glory,” the Polygon founder added.

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