TechFlow News — Layer-1 blockchain Sei announced on Twitter that 1% of the Sei token supply has been allocated to the incentivized testnet, rewarding early community members who use the chain. Sei emphasized its appreciation for users who are eager to advance, test, and develop the Sei ecosystem.
As previously reported, Sei released a whitepaper introducing Twin-Turbo consensus and parallelized Cosmos chains. Sei Labs raised $5 million in seed funding led by Multicoin Capital, with participation from Coinbase Ventures, GSR, Flow Traders, Hudson River Trading, Delphi Digital, Tangent, and others.Original link
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