CRYPTO 101 Ep. 660 Sei Labs State of the Union
Jun 14, 2025
Justin Barlow, Head of Business Development at the Sei Foundation, shares insights on Sei's unique position as an EVM-compatible, high-throughput blockchain. He discusses the foundation's $65 million fund for decentralized science projects and the upcoming Sei Giga upgrade that will boost transaction capacity to over 200,000 per second. Barlow highlights the importance of rapid product development, user needs in blockchain functionality, and how decentralized finance can rival major Web2 players. A must-listen for those curious about the future of blockchain!
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Justin's Crypto Journey
- Justin Barlow entered crypto early, launching a fund in 2017 and running it for years.
- He also built and sold a startup, then worked at Solana before joining Sei Foundation.
Sei's Unique Market Positioning
- Sei uniquely combines Solana-like speed and low fees with EVM compatibility.
- This fills a crucial gap, as 90% of developers are EVM native but lacked a high throughput EVM chain.
Foundation vs Labs Roles
- The foundation drives growth via marketing, biz dev, and investments but does not build the protocol.
- Protocol tech development is done by labs; the ecosystem is open source for contributors.