Sei Development Foundation

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Introducing the Sei Development Foundation, a U.S. nonprofit organization headquartered in Manhattan, the financial capital of the world 🇺🇲 Established by Sei Foundation, the Sei Development Foundation will provide the infrastructure required for institutional adoption and for builders to accelerate crypto’s future in the US and beyond. The Sei Development Foundation aims to provide critical resources and support for builders while engaging with US policymakers to foster a pro-innovation environment. This initiative represents a significant step toward establishing the United States as a global leader in blockchain technology. By supporting the next wave of entrepreneurs, the Sei Development Foundation is committed to advancing a truly decentralized future for all Americans.

The Sei Foundation is in the process of placing its boldest DeSci bet yet. Sei Foundation is officially exploring the acquisition of @23andMe to defend the genetic privacy of 15 million Americans and ensure their data is protected for generations to come. We believe user data sovereignty is a matter of national security. When an American biotech pioneer faces bankruptcy, personal genomic data of millions becomes vulnerable to parties that may not share the same values of transparency and open access. Our vision: • Deploy 23andMe on Sei, the most performant blockchain built for web-scale applications. • Return data ownership to users through encrypted, confidential transfers. • Allow users to choose how their data is monetized and share in the revenue. This isn't just about saving a company, it's about building a future where your most personal data remains yours to control. We'll be sharing updates in the near future. Stay tuned for more updates. Disclaimer: This is not financial advice, a solicitation, or an offer to invest in anything. This announcement represents an exploration of possibilities rather than a confirmed transaction. We believe in transparency throughout our process as we evaluate opportunities that align with our mission of advancing data sovereignty. Always conduct your own research (DYOR) when making decisions in this space. We look forward to sharing more updates as this potential initiative develops.

ICYMI: SEC Commissioner Hester Pierce joined the inaugural episode of Crypto in America, an original podcast powered by Sei, featuring Jacquelyn Melinek, Eleanor Terrett, and Gerald Gallagher Commissioner Peirce shares exclusive insights on the SEC's approach to crypto, from the Crypto Task Force to memecoins and regulation. Crypto in America has the conversations the crypto community has been waiting for. Full episode out now. New episodes each Wednesday. Subscribe here - https://lnkd.in/g765PbBk

From Stablecoins to Your Bank Account: Sphere is now available on the Sei Network. Teams on Sei can now tap directly into Sphere's API and seamlessly transfer stablecoins directly to and from bank accounts in multiple fiat currencies. With frontend support coming soon, reach out and get started today.

At Sei Foundation, we're in the business of finding killer apps that users love. Recently we've had an onslaught of dapps emerge in Symphony (DEX Aggregator), Filament (Perps), AIDEN (AI Agents), Picasso Markets (Stock Predictions), Groovy Markets (Prediction Market Parlays) and Overherd (SocialFi), but it doesn't stop there. Do you have what it takes? Apply below to build the next killer app on Sei 👇

DeSci (Decentralized Science) is a movement leveraging blockchain technology to make scientific research and development more open, transparent, and accessible. By improving funding, collaboration, and data sharing, DeSci reduces reliance on traditional institutions and unlocks a largely untapped opportunity to impact millions. With this vision in mind, the Sei Foundation is launching Sapien Capital, a $65M fund dedicated to supporting DeSci startups building on the Sei blockchain! For more information read the full announcement here https://lnkd.in/gmym24Zz Builders can also apply for funding directly at https://lnkd.in/gN8qS6Pt

Gm, Feeling emotional today. Just got an update from the Sei Foundation's recent charity initiative. With the Sei Community's help, we delivered 1 ton of rice to 100 families in Tianyar, Kanangasem one of the poorest villages in Bali. Tianyar village struggles with water scarcity, forcing people to spend much of their income on water, leaving little for food. We focused on elders and families living with disabilities to ensure those most in need received the support. Proud of our community for making this happen. It’s a reminder of the real impact we can have when we come together. Let’s keep making a difference. Sei less, do more.

After months of relentless building and meticulous fine tuning, the first parallelized EVM is here! The implementation of the EVM is crucial as it supports the most robust and active developer ecosystem. It enables the creation of decentralized applications that can scale to support thousands, if not millions, of users, addressing significant bottlenecks in current EVM ecosystems. The successful passage of Proposal 55 marks the launch of Sei v2 Alpha. Validators are upgrading their software, enabling EVM-based contracts and infrastructure integrations on Sei. For more questions about the v2 launch, check out our detailed blog post: https://lnkd.in/dpk68yKm Read the full announcement thread on Twitter: https://lnkd.in/dJ68dQQ6