What is Sekai?

Source: Sekai’s Whitepaper

Sekai is a blockchain platform that enables users to create and design advanced digital twins more efficiently and cost-effectively. A digital twin is a virtual model or representation of a real-world asset or item.

Although digital twins can be created using traditional solutions, the process is often complex, expensive, and unscalable. Sekai aims to solve this fundamental problem.

Utilizing its user-friendly interface and building toolkits, including the builder SDK, users, and businesses can create, operate, and scale customized digital twins efficiently and cost-effectively with minimal expertise.

It was built on the Solana blockchain network and prides itself on being the first-ever launch-incubator project on Solana to distribute launchpad rewards to its DAO members.

History of Sekai

Sekai was founded in 2019 by Bruno Kocher, whose goal was to build the first minimal viable digital twin in VR for the complex energy sector. Since its inception, Sekai has continuously bootstrapped, combining technological innovations with AI adoption.

In 2020, it submitted the initial patent for its “semantic pattern-based data mesh,” a technology that helps with data organization. In 2022, Sekai published a whitepaper on real-world data interoperability and the industrial metaverse.

The industrial metaverse is a virtual environment that simulates or mirrors real-world industrial systems and processes, including buildings, factories, and cities. The whitepaper also explored how bridging Web2 and Web3 technologies could unlock innovations in the industrial sector.

The whitepaper subsequently caught the attention of Hitachi Corporate Ventures, a company that invests in startups that aim to address societal technological problems.

Subsequently, Hitachi Ventures selected Sekai as one of its strategic partners. This partnership aimed to intensify Sekai’s research on the industrial metaverse. Sekai is giving businesses and industries an edge by helping them create solutions for Industry 5.0 and Society 5.0.

Industry 5.0, the fifth industrial revolution, is a new industrial development phase combining humans and intelligent machines. Society 5.0 is Japan’s vision to create a human-centered society that is balanced, sustainable, resilient, and secure.

The Team

Sekai is a company with about 11 team members headquartered in Switzerland. Its chief executive officer (CEO) is Bruno Kocher, a software engineer and digital transformation expert.

The Sekai team’s primary goal is to revolutionize how the industrial metaverse and digital twins are built, utilized, and scaled. The team’s commitment goes beyond technology, as they aim to empower industries and communities by making data more understandable, accessible, and actionable.

To revolutionize the industrial metaverse and transform how digital twins are built, the Sekai team has Built an interoperable AI-powered network that works seamlessly with real-world asset (RWA) tokenization, providing an open and decentralized protocol that enables users to create digital twins efficiently and securely.

Features of the Sekai protocol: Sekai Builder Studio, Web3 Marketplace, Sekai Applications

Sekai Builder Studio

The Sekai Builder Studio is a feature that offers developers and builders with building tools to build on the Sekai protocol. Some of the tools available in the Sekai Builder studio include:

• Logic Pattern Editor: This tool offers builders a user-friendly and LLM-supported user experience environment to build and deploy logic patterns.
• 3D Pipeline: This tool allows builders to ingest 3D models into the Elastic Knowledge Graph (EKG).
• Databook: This tool allows data analysts and scientists to analyze data.
• Reference Manager: This tool allows developers to reference external data sources connected to Logic Patterns.
• Data Weaver: This tool provides a seamless way for developers to connect data using the Sekai AI feature and LLM-based data mapping.
• API: This tool provides developers and builders with an open-source API to connect to and query data on the Elastic Knowledge Graph (EKG).

Web3 Marketplace

Source: Sekai’s Whitepaper

The Web3 marketplace is a feature of the Sekai Protocol that enables users and creators to publish, advertise, and trade digital twins. Users can sell and purchase digital twins in Sekai’s Web3 marketplace.

The Web3 marketplace is beneficial as it enhances and promotes community building and the creator economy, encouraging users to participate actively in the protocol’s overall growth.

Sekai Applications

To help bridge the gap between the physical and digital worlds, the Sekai team has developed several applications. Some of these applications include:

• Sekai RWA Tokenizer App that helps tokenize real-world assets.
• The Sekai Large Language Model (LLM) App answers real-world questions with up-to-date information.
• Sekai Companion App allows users to explore the metaverse in a user-friendly way.

Core Components: Data Virtualization and Data Meshing, Pattern Based Natural Language Data Interoperability, Spatial Computing & Collaboration, and Artificial Intelligence

Source: Sekai’s Whitepaper

Data Virtualization and Data Meshing

The Elastic Knowledge Graph (EKG) is at the core of Sekai’s data virtualization and meshing technology. This feature combines Graph Data technology with ontological patterns to create a virtualized data connection layer.

For better understanding, let’s break this into simpler bits.

An Elastic Knowledge Graph is like a smart connector that connects graph data technology with ontological patterns. The graph data technology organizes data, while the ontological patterns set pre-defined rules for this data. These two entities create a virtual data layer that seamlessly connects scattered data.

This approach is beneficial as it allows Sekai to organize constantly evolving data and data from isolated and scattered sources efficiently and easily, with minimal manual intervention.

Through Sekai’s Elastic Knowledge Graph (EKG), constantly evolving data from scattered and isolated sources can be efficiently managed and virtualized with minimal manual intervention.

Pattern-Based Natural Language Data Interoperability

The Sekai Protocol uses pattern-based ontologies to construct digital twins or sub-graphs with the elastic knowledge graph. Ontologies are simple, natural-language sentences that describe how things exist in the real world.

These ontologies or ontological statements work as logical patterns describing different objects, systems, processes, and behaviors.

A key benefit of this technology is that it allows customers to create their own logical patterns. These patterns can also be exchanged to create an open and interoperable system that enhances the sharing of valuable market data.

Another benefit is that these patterns can be minted and traded as Non-Fungible Tokens (NFTs). Thus, businesses can share these patterns to build an open system. This technology enhances the flexibility and collaborative features of the Sekai protocol.

Spatial Computing and Collaboration

To connect spatial multiplayer games and browser-based user experience to the elastic knowledge graph and logic pattern, Sekai developed a unique approach known as the EKG Model-Driven Knowledge Graph Gamification & Immersive Spatial Collaboration.

This approach is beneficial as it is human-centric and can transform complex data into accessible, appealing, and interactive experiences in spatial environments. A spatial environment is a digital environment that organizes objects and interactions into three dimensions (3D).

The benefit of this is that humans and machines can better understand and collaborate.

Artificial Intelligence

Artificial intelligence is a key technology used in the Sekai Protocol. Apart from helping to build, run, and scale digital twins in the Sekai platform, AI has its application in the following areas:

• Generative AI for Knowledge extraction: AI is used in the Sekai platform to extract and create valuable insights from the protocol’s vast data.
• Training Large Language Models (LLMs): AI is used to develop logic patterns and improve the logic pattern library, which helps the system handle different situations.
• Machine Learning for Data Mapping: AI efficiently maps data within the Elastic Knowledge Graph (EKG). This is beneficial as it ensures accurate data integration and management, allowing the protocol to adjust to changes without manual intervention dynamically.
• World Model Exploration: AI helps Sekai users better navigate and interact with the Elastic Knowledge Graph (EKG), allowing them to draw insights from data and make better decisions in real-time.

What is the SEKAI Token?

Source: Sekai Protocol’s Roadmap

SEKAI is the native token of the Sekai Protocol. It powers all protocol activities, such as asset upgrading, recycling, and real-time data usage. The SEKAI token is the lifeblood of the Sekai ecosystem, a tool for unlocking the numerous features of the protocol.

SEKAI has a total supply of 1 billion tokens. Investors will be able to purchase the token at its presale stage, and the team has implemented a vesting schedule to protect investors from an extreme price crash.

The Sekai team plans to launch the token in the first quarter of 2025. The token’s distribution is highlighted below:

• Investors - 25%
• Team - 23%
• Ecosystem 29%
• Builder Incentives - 10.5%
• Future Reserves - 8.5%
• Strategic - 4%

Uses of the SEKAI Token

• Developers can use the SEKAI token to gain exclusive access to the platform’s SDK and builder studio tools. To access these tools, a developer or user must stake his tokens. Developers can access the protocol’s services at discounted rates by staking the SEKAI tokens.
• The SEKAI token is used as a utility token and a means of exchange in Sekai’s Web3 marketplace. It is also used to reward users who contribute to the development of the protocol.
• The SEKAI token can be used as a governance token, as token holders can vote for proposals or changes in the protocol.

Is the SEKAI Token a Good Investment?

The Sekai protocol is a platform that enables users to tokenize real-world users and create digital twins, which are virtual models of real-world entities. Thus, investing in the SEKAI token might benefit creators and developers interested in unleashing their creativity to the fullest.

Since the platform makes the creation of digital assets easy and less technical, creators and developers will be attracted to it. However, it is also important that you carefully study any blockchain project you would like to invest in.

This is to minimize losses that are common in crypto investments. While no user or investor is completely resistant to crypto-related losses, properly researching a crypto project can greatly minimize loss.

Risk Analysis

Advantages

Similar to Roblox, Sekai is built on a creator economy business model. This model allows creators and developers to create and seem digital twins or assets, benefiting them financially from the platform.

Another advantage of the Sekai Protocol is its seamless platform that allows users to build digital twins efficiently and cost-effectively. Thus, users do not have to break the bank to build a digital twin or asset.

Disadvantages

While Sekai provides unique opportunities for builders and developers, it might be complex for traditional users new to building digital twins.

Another disadvantage is the volatile nature of the cryptocurrency industry. Since investing in the SEKAI token is needed to unlock the platform’s features, users might be skeptical about investing due to the volatility of cryptocurrencies, fearing they might lose their funds.

Competitive Analysis

IBM, Microsoft, and VeChain are some of Sekai’s competitors. While these companies offer solutions that allow businesses to create digital twins and tokenize real-world assets, Sekai competitively differentiates itself by offering unique solutions at cost-effective rates.

The platform allows users to build 5 times faster and scale 10 times less costs when compared to other solutions offered by other competitors. The benefit? Users do not have to spend so much to build digital assets, and they can still do so efficiently.

How Can You Own the SEKAI Token?

To own a SEKAI token and become a part of the Sekai ecosystem, follow the simple steps outlined below:

Set up a Wallet

To own a SEKAI token, you need to purchase it from a cryptocurrency exchange. To do this, you must create a Gate.io account, complete the KYC process, and add funds to the account to purchase the token.