Sei Network To Launch The Second Phase Of The Sei Sunken Treasure NFT

Key Points:

• Sei Network has announced the second phase of the Sei Sunken Treasure NFT, during which Seilors will be able to unbox their Sunken Treasure NFT and ascertain its rarity. From March 15, Sei Network has issued over 600,000 Sei Sunken Treasure NFTs.
• The Sei Sunken Treasure NFT event is said to be a two-part mystery box event designed by the Sei Labs team.

Layer 1 public chain Sei Network announced that it would launch the second phase of the Sei Sunken Treasure NFT event at 9:00 p.m (UTC) on April 5, Seilors will be able to unbox their Sunken Treasure NFT and determine rarity.

Sei Network said it had minted more than 600,000 Sei Sunken Treasure NFTs since March 15.

Sei Sunken Treasure NFT is a Sei Labs-created event. To give NFT to other users, participants must complete 25 transactions on the Sei Atlantic 2 Testnet.

This event is separated into two phases: Phase 1 (Gifting) and Phase 2 (Unboxing). This campaign is intended to promote community cohesiveness and engagement among Sei community members. Show your affection to your Seilors by donating NFT.

Sei Network is the world’s first Layer 1 blockchain devoted to orderbook development, built exclusively for decentralized finance (DeFi) with the purpose of creating the greatest infrastructure for DeFi.

Sei is based on the Cosmos SDK and employs the Limit Order Book (CLOB). In the Cosmos ecosystem, Sei Network serves as a decentralized finance infrastructure. Since Sei Network supports inter-blockchain (IBC) communication, any Cosmos-based dapps may make use of its IBC features.

The project has verified that it would donate 1% of the entire supply to Airdrop for those who participate in the Incentivized Testnet program and have a chance to test the network. This is one method of attracting new members to the project.

Sei Network successfully secured $5 million from key investment funds in the present market, including Multicoin Capital, Coinbase Ventures, Delphi Digital, and others, at the end of August last year. In addition, Sei Network launched a $50 million fund in October to promote DeFi companies expanding inside the Sei ecosystem.

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