SPACE ID to launch domain name on the Layer 1 Sei network

The combination of these two advanced protocols is expected to bring significant benefits to users in the blockchain and web3 communities.

Sei has already gained fame as the fastest L1 exchange blockchain. It is an excellent platform for traders and investors looking for fast and efficient transactions.

Meanwhile, SPACE ID’s platform allows users to build, configure, and manage virtual environments for a number of reasons, ranging from gaming and socializing to education and business.

The integration allows SPACE ID users to access Sei’s advanced exchange infrastructure and trading capabilities while immersed in the virtual world.

Sei users will also benefit from the collaboration as they can explore the virtual environments developed on the SPACE ID platform. This opens up new opportunities for collaboration, networking and socialising, while benefiting from Sei’s fast and secure transactions.

“We are excited to partner with SPACE ID to bring the worlds of blockchain and virtual spaces together. This partnership will enable users to seamlessly connect their experiences in the virtual world with the worlds of commerce and finance, creating new opportunities for both communities,” said a spokeswoman for Sei.

Also, a portion of the money earned from “.sei” domain name services will be classified as “other revenue” in SPACE ID.

As Coincu reported, Sei Network has announced the second phase of the Sei Sunken Treasure NFT, in which Seilors will be able to extract and determine the rarity of their Sunken Treasure NFT.

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