What is Sei Network? Sei is a layer 1 blockchain designed for trading operations. Therefore, they chose to build on top of Cosmos SDK to leverage advanced features such as Tendermint protocol, IBC, etc., to create a complete and scalable decentralized trading ecosystem. Additionally, Sei is currently in the testnet phase and confirmed that 1% of the total supply will be allocated for an Airdrop for Incentivized Testnet program participants to experience the network.
Sei Network has completed 2 funding rounds totaling $35 million: August 31, 2022: Successfully raised $5 million in a Seed round, led by Multicoin Capital.
April 11, 2023: Raised $30 million in a Strategic round at a valuation of up to $800 million, led by Jump Capital.
SEI NETWORK ECOSYSTEM
Sei Ecosystem In October 2022, Sei established a $50 million Sei Ecosystem and Liquidity Fund to support the development of new applications on Sei and help the team bootstrap liquidity towards mainnet launch. The fund has commitments from top venture capital firms, market makers, and exchanges such as Multicoin Capital, Delphi Digital, Hudson River Trading, GSR, Flow Traders, MEXC, Kronos, Hypersphere, and several others.
In April 2023, Sei announced a significant commitment of $50 million from Foresight Ventures, a large venture capital firm. This increases the total Sei Ecosystem Fund to $120 million. Thanks to the effective support of ecosystem funds, the Sei platform experienced tremendous project expansion.
This includes the opportunity to receive airdrops from these projects. Just engage with them to take advantage of this opportunity.
SEI Network Ecosystem which has confirmed the existence or will provide an "Airdrop"
SeiStorm: Launchpad & DEX
Yolee: Gaming platform
Yesports: Gaming platform & Marketplace
Sei Monsters: Meme project
Tatami: Gaming platform
And Potentially Provide "Airdrop"
SparrowSwap: DEX
Eclipse Fi: Token launch and liquidity layer
Kryptonite: Lending protocol
Levana: Perpetual DEX
Fable League: On-chain esports platform
Sea Swap: DEX
Simba Exchange: DEX
Questify: Gaming platform
TETRISK: Gaming platform
SenSei Fi: Gaming platform
Mizu: Martketplace
Fusion: Launchpad & DEX
Can't Wait for SEI Network to Mainnet? Yes, the rumors have been around for months now, but until now this article was written by SEI Network and has not announced any certainty.
