Sei Labs, the company behind the Sei Layer 1 blockchain, has announced the launch of its mainnet after successful testing. The SEI coin has also become available on exchanges such as Binance, Kraken and Huobi.

- Sei's goal is to create a network for the exchange of assets, including social platforms, games and NFTs

- Sei is not a blockchain focused on decentralized finance (DeFi)

- Sei is 10 times faster than Solana and ensures transaction finality in 250 milliseconds

- More than 200 teams are developing projects based on Sei, and the number of unique wallets exceeds 7.5 million

- In May, Sei Labs attracted $30 million in investments from Jump Crypto, Multicoin Capital and Flow Traders.