Sei Network
SEI
$0.36

Sector

Layer 1

Exchange Debut

2023-08-15

Market Cap

1,153,628,584

Maxim Supply

Circulating Supply

3,175,000,000

Circ. Supply(%)

sei

Sei Network

SEI

Price

$0.36

Market Cap

Sector

Exchange Debut

1,153,628,584
2023-08-15

Volume 24h

High 24h

Low 24h

56466930
0.387550816244
0.357891791261

Change 24h

Change 7d

Change 30d

-5.5788
2.9234
3.828

Maxim supply

Circulating supply

Circulating supply(%)

3,175,000,000

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Sei Network cryptocurrency:

 

Sei Network, a general-purpose open-source Layer 1 blockchain, is setting benchmarks in the crypto realm. Particularly engineered for digital asset exchange, its state-of-the-art consensus mechanism distinguishes it as the fastest in the industry. With a global score of 7.75 out of 10 in its fundamental analysis, it’s much more than just a DeFi chain. It serves various sectors like gaming, social platforms, and NFTs.

SOCIAL & MASS MEDIA: Score 8.5 out of 10

A robust digital footprint is a testament to Sei Network’s prominence. Excelling in attracting a strong following on social media with a full score of 10, it has cemented its position. Furthermore, despite the slight faltering in admin activity, community participation and size are commendable. Its media presence and sizeable community chats further support this narrative, underlining the project’s substantial outreach and public appeal.

AUDIT & SECURITY: Score 5.75 out of 10

Safety remains paramount in the crypto space. The fundamental analysis of the cryptocurrency Sei Network suggests there’s room for improvement. While the audit results remain slightly concerning, the transparency and liquidity scores provide some reassurance, emphasizing a commitment to transparency and trade ease.

TOKENOMICS: Score 4.95 out of 10

Delving into the economic structure, there are aspects of Sei Network’s token economy that raise eyebrows. An inflation score of 2 out of 10 suggests potential devaluation concerns. However, with a reasonably decentralized monetary mass, the system shows potential for balanced control and distribution.

ECOSYSTEM DEVELOPMENT: Score 8.6 out of 10

Sei Network’s endeavors in ecosystem growth are laudable. The project displays a consistent track record in achieving set objectives. Moreover, the drive to usher in new developments shows promise for future expansion and adaptability.

TEAM & DEVELOPERS: Score 8.96 out of 10

Behind every great project is a dynamic team. The Sei Network team showcases remarkable experience, receiving a stellar score of 9.7. However, the number of software developers might need bolstering to further enhance the project’s deliverables and innovation capacity.

PRODUCT & UTILITY: Score 8.34 out of 10

The utility of Sei Network’s product and its tokens within the ecosystem speaks volumes about its potential. With scores north of 8 in both sub-criteria, it showcases practical applicability and relevance in the crypto ecosystem.

PARTNERS & INVESTORS: Score 8.75 out of 10

Relationships with strategic partners and investors can be the bedrock of a project’s success. Sei Network has established noteworthy ties, as reflected in the high scores for investor capacity and partner quality.

Fundamental analysis of the Sei Network cryptocurrency – The final conclusion

In synthesizing the results of the fundamental analysis of the cryptocurrency Sei Network, Sei presents a compelling case for potential investors. Its formidable presence in social media, promising ecosystem development, experienced team, and the genuine utility of its product are noteworthy strengths. However, the aspects of audit, security, and tokenomics necessitate careful consideration and, potentially, further strengthening. Risks lie mainly in the inflationary concerns and audit scores. Nevertheless, its strengths present a potentially viable investment opportunity for those willing to navigate its challenges.

Remember, as with any investment, thorough research, and consultation with financial advisors is essential. Sei Network, with its multifaceted appeal, certainly warrants a closer look for the discerning investor.

What is Sei Network?

 

Sei Network Overview

Sei stands as a specialized Layer-1 blockchain, developed using the Cosmos SDK and Tendermint core. Distinguished from generalized chains like Ethereum, its primary focus is on Decentralized Finance (DeFi). This platform is pioneering the concept of an on-chain orderbook, which forms its backbone, targeting DeFi applications.

Technical Innovations and Features

One salient innovation of the Sei Network is its built-in central limit orderbook (CLOB). This offers a foundation upon which decentralized apps can be constructed. Furthermore, it acts as a shared liquidity hub, permitting other Cosmos-based chains to establish markets for various assets. Among Sei’s other paramount features include an intrinsic order matching engine, reminiscent of a decentralized Nasdaq, and robust measures against frontrunning. Sei amalgamates every order at a block’s conclusion, executing all market orders uniformly, thereby minimizing frontrunning chances. Moreover, Sei Network has expressed intentions to incorporate parallel processing to boost throughput, alongside the unveiling of an optimistic layer called “Nitro”, compatible with Solana Sealevel-VM, aiming to captivate more Solana developers into the Cosmos landscape.

Creators and Token Utility

The ingenious minds of Jeffrey Feng and Jayendra Jog birthed Sei. Steered by Sei Labs, their team boasts of veterans from tech giants such as Robinhood, Airbnb, and Goldman Sachs. The $SEI token isn’t just for settling gas fees. It empowers holders with governance rights when staked.

Sei’s Proposition and Challenges Addressed

The core proposition of blockchains revolves around the exchange of digital assets. On-chain trading and asset exchanges are witnessing an unprecedented growth trajectory. However, current exchanges on Layer 1s grapple with the “Exchange Trilemma”, juggling between decentralization, scalability, and capital efficiency. Sei aims to address this by offering rapid finality, unparalleled performance, and innovative solutions to combat frontrunning, making it a standout in the crypto ecosystem.

Fundamental analysis of the sei network cryptocurrency

Sei Network - SEI performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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