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When blockchain ecosystems grow rapidly, a rush to fund new projects often overshadows truly crediting the early builders who created the foundation for success. Sei is taking the notable approach of funding the impact that has already been created. With the launch of Builder Round #1 in partnership with Gitcoin, Sei is allocating $750K in SEI tokens to recognize and reward the projects that have driven measurable growth since the launch of Sei V2 (July 9, 2024). The round focuses on two key areas: Consumer-Facing Contributions and Infrastructure & Tooling—ensuring that both user adoption and the critical infrastructure powering Sei’s expansion are supported.
Since the Sei V2 upgrade in July 2024, the network has experienced significant growth. Total Value Locked (TVL) surged from $250 million to $730 million in the 6 months, while active addresses climbed to 350,000, ranking Sei 12th in daily active wallet users of any blockchain as of January 2025, as published by Binance on February 7. This proves that Sei is drawing an expanding number of reliable users who are adopting the chain at a quick pace.
Behind the growth are the Sei-native builders—developers, creators, and teams—who have delivered real, measurable impact for the ecosystem. This quadratic funding round ensures that those who contributed to Sei’s success are recognized and rewarded.
Learn more about how Sei has consistently supported its builders in Sei Unveils Latest Grants Campaign with Gitcoin: Empowering Creators.
Sei and Gitcoin have developed a long-term partnership focused on strategic, community-driven funding. Since launching the $10M Creator Fund in April 2024, Sei has relied on Gitcoin to build a sustainable funding strategy focused on ecosystem growth. Through a coordinated campaign across four rounds between July and October 2024, $1.3M was distributed to 515 projects spanning media, NFTs, gaming, and infrastructure development.
Phillip Kassab, Strategy at Sei Foundation, adds, “Sei has always been about supporting the people who make the ecosystem stronger. What makes our approach special is that funding decisions aren’t made in a closed room—they’re driven by the community itself. With this ten-million-dollar initiative, we’ve built something unique in the industry, giving creators and builders real opportunities to grow alongside Sei. I’m especially excited for the Builder Rounds, which continue the mission of directly supporting those who are laying the foundation for what comes next.”
Sei committed to launching 3 more rounds in collaboration with Gitcoin in the first 3 months of 2025. The first of these rounds went live on January 13th. The next phase of this initiative are the two upcoming quadratic funding rounds—supporting projects that have already demonstrated impact and continue to drive Sei’s ecosystem forward.
By leveraging Gitcoin Grants Stack, Sei has built a decentralized, community-led funding model. To stay up to date on live and upcoming Sei rounds visit the Sei x Gitcoin Community Grants Landing Page.
Sei’s latest grants rounds will be supporting projects that have already demonstrated impact with $750K in $SEI tokens up for grabs.
The funding is split across two tracks:
Consumer-Facing Contributions recognizes projects that have actively driven Sei’s user growth. This includes dApps, NFT platforms, and community initiatives that have successfully engaged users and increased activity on the network.
To qualify, projects should demonstrate:
Infrastructure & Tooling supports the technical backbone that enables Sei’s industry-leading 390ms block finality and low transaction costs.
To qualify, projects should:
Projects must meet the following criteria:
Sei is leveraging Gitcoin’s Quadratic Funding model, ensuring that community participation plays a central role in determining fund distribution. Participants must hold at least 100 SEI tokens to vote, helping to ensure engaged community participation and reduce the risk of Sybil attacks. A 10% matching cap per project prevents a single project from dominating the allocation pool, promoting a fair and diverse distribution of funds.
Quadratic Funding has been successfully implemented in previous Sei rounds and continues to be an effective mechanism for aligning funding with ecosystem needs.
Key dates to note:
Builders who have contributed to Sei’s growth can apply by creating a profile on Gitcoin Builder, submitting an application through Gitcoin’s Grants Stack, and providing detailed impact metrics and technical documentation.
Community members can participate by reviewing applications on Gitcoin Explorer starting February 27 and supporting projects through direct contributions.
Updates and discussions will be available in the Sei Community Grants Telegram Group.
This initiative sets a new standard for how growing networks can recognize and reward the builders who drive their success. By focusing on demonstrated impact rather than future promises, Sei is showing a model for sustainable ecosystem growth driven by real utility.
For builders who have already proven their impact, this is your moment to secure funding for the work you’ve done. For the Sei community, this is your chance to directly support the projects that matter most.
Stay up to date with live and upcoming Sei rounds on the Sei x Gitcoin Community Grants Landing Page.
Follow the discussion and announcements in the Sei Community Grants Telegram Group.