Sei Labs

Empowering Creators is a Major Goal of the Sei Foundation. The Sei Creator Fund Round 2 has successfully concluded! The results are a testament to the incredible talent and innovation within the Sei ecosystem. This fund is more than just financial support—it's about empowering creators, fostering innovation, and driving the growth of projects that will shape the future of Sei and Web3 at large. The Sei Foundation is committed to providing creators with the resources they need to bring their visions to life. Here are the highlights: 715,000 SEI Matching Pool $82,162 USD Crowdfunded 181 Total Projects 31,122 Total Donations 13,164 Total Donors Thank you to every creator, donor, and supporter who contributed to this remarkable achievement. Together, we’re building a vibrant and thriving ecosystem where creativity knows no bounds. To learn more about the Sei Creator Fund, check out our recent blog here, and stay tuned for Round 3! #SeiLessDoMore #Web3 https://lnkd.in/gGJkFsux

In case you haven't heard.. Sei EVM is now supported by Binance! This milestone boosts the scalability and capital efficiency of the Sei ecosystem, while offering a cost-effective solution for users. With gas fees as low as $0.01, blockchain transactions are more accessible and affordable than ever. For more details please visit the official announcement here: https://lnkd.in/gqddekKr

Once You Go Parallel, You Don't Go Back. Huge shoutout to everyone who joined us at EthCC in Brussels for our #ParallelSummit, we loved getting a chance to chat with you all directly and are excited to shape the future of #Web3 together. Our community at large has recognized the power of web2 speed in web3, we're nearing $100m TVL, and we just launched a $50m Ecosystem Fund for Japan's incredible #BUIDL'ers. What's next? 🚀 🌕

We are proud to announce that the Sei Foundation in collaboration with the Aptos Foundation, Multicoin Capital, LayerZero Labs, Pyth Network, Flipside, GSR, Frictionless Capital and many more, will be hosting the Parallel Summit at EthCC! Join us on Wednesday, July 10th, from 14:00 to 19:00 at the iconic Dome Eventhall in Brussels, Belgium to learn more about the future of high performance blockchain ecosystems! We look forward to seeing you there! Register here: https://lu.ma/s26kadvm

This morning, Sei Labs has announced the upgrade of the Sei arctic-1 devnet to “version 2”. Sei V2 marks a significant milestone as the first high performance, parallelized Ethereum Virtual Machine (EVM) blockchain. This upgrade addresses Ethereum's scalability and performance issues, aiming to significantly enhance speed and efficiency within the ecosystem. Sei V2 merges Ethereum's robust development environment with Solana-like parallel execution and fast finality, setting a new benchmark for blockchain performance within the Ethereum ecosystem. Through backwards compatibility with existing Ethereum smart contracts, Sei v2 allows for a new option for developers, via seamless deployment of existing dApps onto this highly scalable platform. In the longer term, Sei aims to unlock a wide array of application possibilities for developers that were not previously possible on EVM chains, from complex decentralized finance (DeFi) platforms to high-performance gaming and interactive web applications Find out more information here: https://lnkd.in/dyzuMQtb