Sei is a general purpose, open-source Layer 1 blockchain specialized for the exchange of digital assets. Leveraging a novel consensus and technical breakthroughs, Sei is the fastest blockchain in the industry.
A common misconception is that Sei is a DeFi chain. However, the exchange of digital assets is universal across gaming, social, and NFTs. Trading is general purpose.
The Sei Vision
Gaming assets, social, NFTs and other digital assets
What problem does Sei solve?
The fundamental use case of blockchains is the abilty to exchange digital assets.
Exchanges dominate gaming economies, social, NFTs and DeFi
The most successful Web3 apps are: 1) Indirect trading apps (most Metamask users ultimately use Uniswap / OpenSea) or 2) Direct trading apps, disguised as a game or NFT marketplace (like Axie or Magic Eden).
There are major tailwinds driving the growth of on-chain trading and exchange of digital assets. As regulation increases on centralized exchanges, more activity flows on-chain. As crypto adoption increases, more assets are tokenized and the need to exchange these assets increases exponentially.
Exchanges face a major scaling problem on Layer 1s today. Exchanges face the Exchange Trilemma: between decentralization, scalability and capital efficiency, they cannot achieve all three.
The exchange of digital assets is univeral to all apps in Web3
Sei addresses the exchange scalability problem by building the first Layer 1 specialized for trading, optimizing every layer of the stack to offer the best infrastructure for the exchange of digital assets.
What Sei offers
Sei is the fastest chain to finality - point blank - with a lower bound of 300ms
One of the only chains to conduct market-based parallelization
Native matching engine that exchange teams can leverage
Frontrunning protection - combats malicious frontrunning that is rampant in other ecosystems
Sei has only one value prop: exchange apps - whether it’s a NFT marketplace or gaming economy- will offer the best user experience by building on Sei. For more detailed information on technical innovations, please read the whitepaper.