The startup operates a decentralized finance prediction market platform that utilizes an open-source JavaScript software development kit, enabling developers to integrate permissionless markets with minimal coding. This platform provides a secure protocol for open markets, facilitating transparent and accessible trading for users.
Funding
$11.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Existing oracle solutions often lack the flexibility to support diverse data types and require significant customization, creating barriers for developers seeking to integrate real-world data into their decentralized applications. Current oracle implementations may also be limited to specific blockchain networks, hindering cross-chain interoperability.
Solution
SEDA provides a programmable oracle infrastructure that enables permissionless deployment of application-specific oracle feeds on any network. Developers can deploy custom oracle modules to issue data intents, allowing for day-one access to any data type. The SEDA Network is open-source and chain-agnostic, allowing integration from any chain by deploying a SEDA prover contract monitored by solver networks. This approach allows protocols to instantly access any API data feed from any network, tailored to their specific needs.
Target Audience
The primary target audience includes developers and protocols building decentralized applications (dApps) across various blockchain networks who require flexible and customizable oracle solutions.
Features
- Permissionless deployment of app-specific oracle feeds
- Support for any data type through custom oracle modules
- Chain-agnostic design enabling integration with any blockchain
- Open-source SEDA Network available for use from all networks
- SEDA Prover Contract deployment for cross-chain data access