![figment-reaches-unicorn-status-with-110m-series-c](https://cryptotoptrends.com/wp-content/uploads/2021/12/figment-reaches-unicorn-status-with-110m-series-c-678x381.jpg)
“Ethereum introduced a noble vision of an open, borderless economic system accessible to everyone,” Mihailo Bjelic, co-founder of Polygon told CoinDesk in a Telegram chat. “With the increased usage, fees on Ethereum layer 1 have effectively ‘priced out’ most of the users.”
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