Introducing Seijin: A Community-Driven Fundraising Platform in the Sei Ecosystem
The fundraising space is in need of a change. While there isn’t a shortage of launchpads in Web3, there is certainly a need for a significant upgrade. Seijin is leading the charge as the first native community-driven launchpad on Sei Network. We represent a shift towards a community-driven approach where investors, teams, and communities come together to support the most promising new projects within the Sei ecosystem.
The Challenges
Current launchpads often struggle with inefficiency and complexity. This gates out potential investors and promising projects, creating a landscape that’s less of a level playing field and more of a private club.
Regular technical hurdles further skew this environment towards stagnation rather than growth. But let’s be real: steady doesn’t win the race. It doesn’t break new ground. This scenario doesn’t just deter investors, it also stifles community support for new innovative projects.
Seijin was born to change this.
The Story of Seijin
‘Jin’ in Japanese means ‘the people’ and that’s what we’re all about. Launching on Sei Network, ‘Seijin’ naturally emerged as a name that mirrors our essence. We’re a community-driven launchpad. There is no traditional hierarchy of user tiers. There is no minimum stake. Seijin is open to all.
The Logo: A Symbol of Our Journey
Our logo embodies the core values of Seijin: innovation, growth, and community. We poured our vision and values into this design.
The leaf-like shape represents our commitment to growth, symbolizing new projects and the thriving Sei ecosystem. It also signifies unity, resembling two hands coming together in support, which is a key element of our community-driven approach. As for the shade of blue, it symbolizes our promise of reliability and stability within the ecosystem.
The Features
As the first licensed fork of Avalaunch, we’ve set a high standard and that’s just the beginning. Some of the highlights of our launchpad include:
1. Deflationary Mechanics and Revenue Sharing: We believe in rewarding our community, so we’ve implemented a policy of 100% revenue distribution among token holders. This isn’t just a feature, but also a commitment to ensuring that the benefits of our growth are shared with those who support our platform. This model sharply contrasts with many other platforms, where profits are often unevenly distributed, favoring a select few.
2. No Minimum Stake: Seijin has no user tier hierarchy system. Our ‘No Minimum Stake’ policy allows individuals from diverse financial backgrounds to participate.
3. Guaranteed allocations: Our approach is straightforward, Seijin ensures that everyone gets a fair chance to participate. Unlike other launchpads, there is no lottery system. Guaranteed allocations are proportionate to the duration and the tokens staked.
4. Truly Community-Driven: No hierarchy, just harmony. Seijin stands out as a truly community-driven platform. We’ve created an environment where unity, fairness, and shared success are the pillars of our operation.
Tokens: JIN and sJIN
Our dual-token system, featuring JIN and sJIN, is engineered for sustainability. It is designed to incentivize and reward long-term holding and participation, circulate platform-generated benefits directly back to our community, and reduce supply through deflationary mechanisms. More details on the tokenomics will be provided in one of our next posts.
Why Sei? Why Not!
Choosing Sei was a no-brainer. Sei stands at the forefront of blockchain innovation. Its parallelized EVM significantly boosts the performance of decentralized applications (dApps), ensuring that the Sei blockchain is both highly responsive and scalable for dApps. Boasting an impressive efficiency of 20,000 operations per second and the twin-turbo consensus mechanism, together we are setting new standards in the fundraising space.
Conclusion
Seijin is transforming fundraising in the Sei ecosystem, embodying the spirit of Web3 through accessibility and a community-driven approach. By addressing the challenges of conventional launchpads and bringing features like deflationary mechanics and guaranteed allocations to the table, Seijin is shaping the future of decentralized fundraising in a community-driven way.
Be a part of the change.
