Chapter One: The Team

At all times, the creation of something new has gone hand in hand with skepticism, disbelief, a whole series of obstacles and pitfalls. Mr. Edison alone and the creation of the light bulb is the story most often used as an argument — nothing is impossible. And it’s true — if there is at least one person in the world who has done something that you only dream about, it means you can repeat his success. And if no one has done it before you — you definitely have a chance to be the first.

That’s what (I think) the guys thought when they had the idea for Sei Network. And it is with them, the founders, that we will begin.

Meet Jay.

Twitter: https://twitter.com/jayendra_jog

LinkedIn: https://www.linkedin.com/in/jayendrajog

Leading engineer on cryptocurrencies, which he took up in 2017. Collaborated with Robin Hood and spent almost four years there. Last year, with a friend Jeff, we thought about how we could create something like Robin Hood, only more transparent. The idea was to create an in-chain derivatives exchange.

“We were able to offer deals that many other players can’t do as easily. So market makers and developers were very frustrated. So given this general dynamic, we realized that there was a huge opportunity to just create a good order book infrastructure. So we stopped creating decks and got solely busy making that order book infrastructure scalable and usable by other teams.

What I am saying is that we are currently dealing with the fastest chain created with the Cosmos SDK on our dev net, with a block time of 600 milliseconds. In our internal testing on the test network, the block times we were able to get were closer to 300 milliseconds under ideal conditions. We currently have 18 people on our team. The engineers are mostly from companies like Robin Hood and Databricks. Tony, for example, was the fastest to get promoted to staff engineer at Robin Hood, where he was in charge of clearing. And Phil was in charge of Kubernetes Infradata breaks before he joined us today.

We also have people from Cosmos, such as Dan, who has been building the Cosmos ecosystem for a very long time. We also have people from the traditional financial industry, such as Jeff, who previously worked at Goldman Sachs and CO2.”

The next person we’re going to meet is Dan.

Twitter: https://twitter.com/deeeedle

LinkedIn: https://www.linkedin.com/in/danedlebeck

Worked in the nonprofit space, and has been in cryptocurrency full-time for the past five years, since about mid-2017. Led growth in marketing and communications and helped build communities in various crypto projects. At one time founded a salt lending community, and led a blockchain marketing and event ticketing agency with the NFT protocol on NFC. Founded Dido, hooked up a PR and marketing agency and spent the last few years doing Cosmos. Was the founder of XVideos, the company that creates Sentinel.

“And yes, when I heard more about Sei and the opportunity to build better infrastructure for Defi, I was totally on board. I had long understood the possibility of better infrastructure for DeFi.

In our space, we watched the credit crunch that occurred when Tara went under, and how it affected three-hour capital and then centralized lenders like Celsius. But we didn’t see all the details of what was going on and whether or not there were any backdoor deals that were going on. But we did see what was going on in the X DeFi protocols, such as Ave, as it was intended. So it’s much more fair and transparent.

So we want to be able to implement not only AMS and basic trading, but also much more advanced financial applications in DeFI. And to do that, we need DeFI infrastructure, and the creation of an L1 optimized for DeFi products.”