The Sei ecosystem is expanding as Coded Estate, a team focused on bringing real estate and rental transactions on-chain, chooses to build on the fastest Layer 1 optimized for trading. By leveraging Sei's unmatched speed, throughput, and scalability, Coded Estate aims to unlock the potential of a trillion-dollar market and drive mass adoption of digital assets.
Unlocking the Potential of a Trillion-Dollar Market
Coded Estate aims to transform the real estate industry by taking off-chain assets and making them natively digital, programmable, composable, and atomically settled on Sei. By doing so, they enable seamless ownership, trading, and rental of premium real estate for less than $100. This innovative approach will bridge the gap between traditional real estate markets and the world of decentralized finance (DeFi).
Revolutionizing Real Estate and Tourism
In addition to revolutionizing the real estate sector, Coded Estate will also impact the tourism industry by facilitating short-term and long-term stays and rentals. As a decentralized exchange built for homeowners, buyers, and travelers, Coded Estate will expand the Sei ecosystem and bring blockchain technology closer to mass adoption with real-world assets.
The platform will be available on the Sei Network testnet, providing the community with an opportunity to mint one of the first NFTs on the Sei blockchain. This partnership is a testament to the economic innovation and growth of DeFi taking place on Sei, and there is much more to come in the following weeks.
About Coded Estate
Coded Estate is the first decentralized exchange built for homeowners, buyers, and travelers, focusing on bringing real estate and rental transactions on-chain. By harnessing the power of Sei's high-performance blockchain, Coded Estate aims to revolutionize both the real estate and tourism industries, making premium real estate more accessible and driving mass adoption of digital assets.
Sei is the fastest Layer 1 blockchain designed to scale with the industry. Its unique optimizations enable Web3 applications to reach Web2 level scale and performance, driving the mass adoption of digital assets. Sei Labs, one of the main contributors to Sei, comprises former Google, Goldman Sachs, Robinhood, Nvidia, and Databricks veterans dedicated to onboarding the next billion users onto a vibrant ecosystem of applications.