June 6, 2023

Seinami is coming. It's a tsunami in the world of trading 

Meet Sei, the fastest Layer-1 blockchain designed for trading

What is its main distinguishing feature that sets it apart from other Layer 1 solutions? The answer is simple: the team solves a particular problem by making their product specialized. We are offered the best infrastructure for trading apps and exchanges.

We are offered a solution to the "Trading trilemma" since trading apps cannot achieve decentralization, scalability, and capital efficiency simultaneously.

So how does Sei solve this problem?

  1. Using two new advances in consensus research, Sei has a Twin-Turbo consensus to achieve a level of performance that no other Layer 1
  2. Sei's built-in matching engine and front-running prevention provide trading apps with valuable advantages out-of-the-box
  3. Sei features the fastest time to finality in the industry with a lower bound of 300ms and built-in parallelization, making the infrastructure ideal for trading functionality
  4. Sei's automatic order bundling capability improves app throughput and improves the user experience for all trading apps built on Sei

That is, Sei Labs creates a product that organizes an ideal environment for scaling trade DApp's, thus claiming a sustainable position in the Web3 market, as it carries unquestioned value.

Sei Labs position

Sei Labs has one core thesis: the ability to exchange digital assets is the fundamental use case for crypto. Thus, the problem of how to scale trading apps and exchanges is instrumental to unlocking the next stage of growth for Web3 adoption.

source: The Sei Litepaper

I believe that with this approach, the team is destined for success. Personally, I am confused by the idea of Layer 1 solutions "for everything and everyone", as they pale in comparison. I fully support creating niche solutions for a clear market position and understanding utility value among institutional companies for potential large partnerships.

Large investment funds see great potential in the project, with Sei's Ecosystem Fund recently commitment of $50 million from Foresight Ventures. The total investment is now $120 million, including previous contributions from Multicoin, GSR, Hudson River Trading, Flow Traders, Delphi Digital, MEXC, Hypersphere and Kronos Research.

https://cryptorank.io/ico/sei-network#funding-rounds

In addition, we can see a number of interesting partnerships and the rapid growth of the ecosystem. This shows that Sei provides a really comfortable environment for scaling, which attracts developers.

I will list some of the partnerships with links to articles: Axelar Network, Multichain, SPACE ID.

Community

As an active Web3 user, I, your humble narrator, was attracted to this project by two things:

  1. Stimulated Seinami testnet in the form of quests on the platform Blocked. For active participants in the tokenomics of the project is allocated 1% tokens as a reward, so I encourage everyone to try. In addition, this is a unique opportunity to get acquainted with the projects of the ecosystem before entering the main network to learn all the tools in advance and use the oceanic power of Sei Network to the fullest
  2. The Atlantis Ambassador Program, which gradually immerses you in a new field of creative possibilities. I received the warmest response from existing abmassadors, which immediately sparked a desire to be an active part of this community. This article is also part of an expression of my commitment

These tools involve the creation of a sustainable and loyal community, which always carries huge benefits for the project.

Conclusions

  1. The project has a clear positioning in the market - the aim of the "Trading trilemma" solution
  2. The project has all the tools it needs to solve this problem: a talented team, technology, foundation support, useful partnerships, and a loyal community

So Seinami is coming...

Thank you for your attention!

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