# Sei Network. April recap By [rmanello](https://paragraph.com/@rmanello) · 2023-04-25 --- Good day! I continue the series of articles about the Sei Network. Today we will talk about the events of April that took place in the community > ### New fundraising round The most important event of April, which is already causing phantom pain in the fomo area of ​​many kripatans, of course, was the holding of a strategic funding round, in which the project raised $30M and $50M (for the ecosystem) during two fundraisers, respectively. ![Sei's Fund-raising](https://storage.googleapis.com/papyrus_images/a7615329d661be5cdef581369c7da350134e16f4bdfff7b2dcf2f6a8b139bcbc.png) Sei's Fund-raising Jump Crypto, Multicoin Capital, Coinbase Ventures, Bidget and others acted as the main investors. At the same time, the project estimate was **$800M!** So far, including the Seed round and fees for the ecosystem, the project has raised **$130M** in total! Who knows, maybe there will be more? In this regard, in April, the testnet began to be stormed by crowds of users. > ### New partnerships April was also an important month for the project in terms of new partnerships and the development of ecosystem projects. At the moment, the project has already secured the support of fairly large projects, such as MEXC Global, OKX, SushiSwap and others. The biggest new partnership in April was the addition of Space ID to the Sei ecosystem. Space ID is a project sponsored by Binance that combines the domain names of many networks on its site. At the moment there are only 3 types of names on the site: arb, bnb and eth, so adding Sei to these projects shows confidence in the future network! ![](https://storage.googleapis.com/papyrus_images/dbeb21d98c985bc6254433697a81f30c32b5cadc57edb15a4d359d5897c53e69.jpg) In April, the project also joined: * Rapid Innovations (blockchain development company) * SparrowSwap (DeFi hub from the Sei team) * HanaNetwork (L0 high privacy blockchain) * GSR (market maker and venture capital) * Strobelabs (the team that develops the Move language specifically for blockchains) * Seer (Web3 Social Value Protocol) * Simba (DEX) ![New partnerships in April](https://storage.googleapis.com/papyrus_images/c9efb34cf338e7b937ec0dca4efa7e33e4837bf988ca88ca6018bd686e7ff113.png) New partnerships in April > ### Ending the Sei Sunken Treasure chest event and opening the mint again for 48 hours In March, as part of the new test network, Atlantis-2 opened a chest mint event. But unlike other events, the chest could only be obtained as a gift. Upon reaching 25 transactions in the network, each user could send a gift to any other, and he, in turn, open it by linking to Twitter. The event turned out to be extremely successful, over 600 thousand chests were mined in the first 20 days! On April 21, the team “accidentally” re-opened mint chests for 48 hours, which just put the network down for a day due to incredible demand :) As a result, the campaign was closed a little earlier, and the network, after such a stress test, went for revision before the upcoming mainnet. > ### Opening Sei x Blocked quest campaign April, in addition to the cool news about a new round of funding, also brought us the opening of Sei quests, their essence is quite simple: you need to test the launchpads and the SparrowSwap. The quests are quite easy to complete, the tasks include the usual operations such as swapping, pouring liquidity into the pool, buying tokens on launchpads. At the moment, 6 quests are already open. Completing quests is only complicated by a heavy load on the network due to the hype, but this is being resolved and the community is actively helping newcomers. ![Blocked quests](https://storage.googleapis.com/papyrus_images/49e780ae6354d9a1f89dc886f55e0b3cd3ebd3cfd2f7fb3fc4db12e27989c561.png) Blocked quests > ### Community growth In April, the social networks of the project for obvious reasons (🤑🤑🤑) experienced a boom, which led to a significant increase in Twitter subscribers and discord members. On April 14, the project announced that it had reached the mark of 200 thousand followers on Twitter, and by the end of April the number of followers had already exceeded 300 thousand! Don't fade Sei! ![SEI TO THE MOOOOON🚀🚀🚀](https://storage.googleapis.com/papyrus_images/69a5d1f826bc82b5ecc6f857733f1b8bec47cf8b794c8de62f4f2b6104738e6a.png) SEI TO THE MOOOOON🚀🚀🚀 There are 390 thousand participants in the project's discord, and from day to day it will definitely exceed the mark of 400 thousand (getting ready to celebrate)! **Interest in the Ambassador program is also not fading** There is a systematic increase in the number of ambassadors, in April their number exceeded 3,000 people! Of these, 2569 officers, 567 captains and 297 majors! ![Sei's ambassadors stats](https://storage.googleapis.com/papyrus_images/f0ae2da06180e3dafa256853fb74b4767c9168ffa6e5c81526ad7393a9c88eab.png) Sei's ambassadors stats > **Testing for verification in discord** The innovation in the discord has become almost imperceptible. The Verified Seilor role has appeared, which can only be obtained by passing verification using the Humanode service, which requires you to show your face to the camera. This is an analogue of KYC, which will most likely become mandatory for receiving possible rewards. A good move for ordinary hard workers and a bad one for abusers :) > ### Conclusion * in April, the project managed to attract fairly large investments. * the second part of the testnet has been launched, the technology is developing, the speed and stability of the network are growing, although the team still has a lot to work on. But I can say from myself that if we compare the eternally lagging Vortex and SparrowSwap, then this is definitely a step forward, the swap works almost without problems, like a worthy product. * various projects continued to join the ecosystem, including fairly large players in the world of web3. * the organic growth of the community continues exponentially * the state of the network indicates excitement and interest on the part of users and, of course, abusers / bot drivers (which is also a good sign). * the project once again confirmed the status of the hidden gem, which at the end can create just the wildest fomo for those who skipped it :) --- *Originally published on [rmanello](https://paragraph.com/@rmanello/sei-network-april-recap)*