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Sei Network officially announced the establishment of the Sei Development Foundation, a non-profit organization now headquartered in Manhattan, United States. This step is to make crypto a part of institutional life in a country that has long been known to be very cautious about digital assets. It’s not an easy matter, especially when we talk about bureaucracy and the attitude of US regulators, who are known to be fierce. 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… pic.twitter.com/iHm0Lg71wd — Sei 🔴💨 (@SeiNetwork) April 2, 2025 Many are wondering, why bother creating a foundation in the heart of the world economy? The answer is simple. Sei wants to ensure that their approach to crypto can reach institutions directly and in a structured way. This foundation is designed to provide support, access to resources, and education for developers and industry players who want to build on Sei’s infrastructure. So, not only for those who already understand the ins and outs of blockchain, but also for institutions that are still awkward about setting foot in this world. Outside of regular activities, recently, the Sei Foundation was reported to be exploring the potential acquisition of 23andMe, a DNA service company that has just filed for bankruptcy. They aim to secure the genetic data of about 15 million Americans by storing it on the blockchain. But the question is, are people ready to entrust such personal data to a decentralized system? This plan raises its own concerns. On the one hand, blockchain can provide transparency and protection against data manipulation. But on the other hand, there are big questions about privacy, ownership rights, and the legality of storing biological data on an open network. If this plan is realized, Sei could open a new gateway for blockchain use in a space that has so far been synonymous with laboratories, not cryptography. Furthermore, the Sei Foundation has also shown its seriousness in supporting a more open and decentralized science ecosystem. In January 2025, they launched Sapien Capital—Open Science Fund I, a $65 million investment fund dedicated to funding startups in the Decentralized Science (DeSci) space. Projects funded will be built directly on the Sei blockchain with investment amounts from $100,000 to $2 million per project. For Sei, this strategy is not only about cryptocurrency acceptance but also about moving science in a more open and cooperative way. Once kept in university glass cabinets, information is now available via digital wallets. Apart from the acquisition plan and support for DeSci, Sei Network has also made a technical achievement that is worth considering. The Sei network’s total value locked (TVL) in March was $1.6 billion. Even for a fairly new blockchain, this is not a small number. The Parallel EVM upgrade, which hastened transactions and opened the path for more DeFi initiatives to arise, caused this increase. Still, the price of the SEI coin does not fully reflect this success. SEI has swapped hands at about $0.1661 and had corrected 2.76% in the last 24 hours at the time of writing.

Bought more $OP we choose this life

I now see the absolute truth: the biggest believers are the ones who make it, in web3 security and in life as a whole. It's always been, is and will be about FAITH. Make sure you have it. If you don't, I will let you borrow some of mine. Call it "pashov lending"🫡

Major Conferences and Events in April. #Paris Blockchain Week (April 8-10, 2025) HK Web3 Festival (April 8-10, 2025) Australian Regulatory Reforms Japan, TEAMZ Web3/AI Summit 2025 (April 16–17, 2025) Russia, Blockchain Life 2025 (April 23–24, 2025) #TOKEN2049 Dubai (April 30–May

In 2015, on a college campus in California, a student named Charles Wayn was busy connecting clothing designers with retail stores through a small, self-made platform. At that time, he had no idea that he would become one of the important figures in the Web3 world. But life often doesn’t follow the map, right? After completing his studies at the University of California, Berkeley, Charles had a career in the fashion industry. He even helped found a fashion incubator community in China. However, it was after that that his life direction changed completely. He switched to the world of streaming and blockchain, a leap that, if you think about it, might sound pretty crazy to the layman. On the other hand, this decision led him to found DLive — a blockchain-based streaming platform that was later acquired by BitTorrent in 2019. DLive was once the largest live streaming platform running on blockchain technology. After the acquisition, Charles served as Vice President of Interactive Entertainment at BitTorrent, managing a number of streaming-based entertainment business units. Despite being in a strategic position, Charles didn’t stop there. He felt that there was still a large untapped space in the blockchain ecosystem, especially regarding digital identity. So in 2021, together with his team, he launched Galxe — formerly known as Project Galaxy. What is Galxe? Think of it as a blockchain version of a loyalty and membership system. The project allows Web3 developers and communities to design campaigns based on identity and credentials on-chain. Instead of just giving random rewards, Galxe encourages a more structured and relevant system, a kind of “digital badge” that records the history of user contributions. To date, Galxe has served over 25 million users and collaborated with over 4,000 major Web3 projects, including Polygon and Arbitrum. After successfully building a loyalty ecosystem, Charles and the Galxe team began to explore a deeper area: blockchain infrastructure itself. In 2024, they launched Gravity — a Layer-1 blockchain focused on cross-chain interoperability. The concept is simple, but the impact is big: it makes it easier for users to interact between blockchains without having to worry about different gas fees or confusing wallet technicalities. Gravity is designed to be more accessible to ordinary users, who have long felt that blockchain technology is “too technical.” In the middle of many blockchains that are like separate islands, Gravity tries to be a bridge — without making the bridge difficult to cross. However, Charles’ focus doesn’t stop there. In 2025, he began actively talking about the integration of artificial intelligence into Web3. According to him, in the future there will be many “intelligent agents”—a kind of AI personal assistant—that can manage our crypto wallets, make trading decisions, and even manage participation in DAOs automatically. This concept sounds like a cross between a financial advisor robot and a personal investment manager — only working 24/7, never sleeping, and drinking coffee. The question now is, is everyone ready to hand over control to such an AI? Charles himself is quite optimistic. For him, the data analyzed by AI is much broader and faster than human intuition. He imagines a future where users don’t have to bother reading hundreds of pages of whitepapers just to know which projects are worth supporting. Charles Wayn’s journey is not just about project after project. It’s about how someone who was initially busy connecting designers with boutiques, now connects millions of users to a decentralized digital ecosystem. He proves that background does not always determine the future and that an interest in small things can lead someone to big changes. He doesn’t always talk about complicated technology, but more about user experience, simplicity, and clarity of function. Maybe that’s what makes him relevant — and makes his story worth following.