Investor memo
ExoHash is live. ExoHash L1 Chain is the next step.
Today, ExoHash runs as a real-world demo on Sei (EVM): contracts, execution engine, and in-app Smart Wallet are on mainnet, resolving thousands of rounds with a Web2-fast, Web3-verifiable experience. In parallel, ExoHash L1 Chain is already running as a Cosmos Tendermint testnet with an in-protocol DKG randomness beacon and core L1 modules. This memo covers the next phase — team expansion, independent audit/security, regulatory exploration, and the rollout of ExoHash L1 Chain, a dedicated Cosmos app-chain that turns this demo into a high-throughput execution standard.
Execution scope (next phase)
Expand the core team to remove founder bottlenecks and increase execution velocity: an additional senior full-stack engineer and a dedicated game/UI designer focused on Web2-grade player experience and iteration speed.
Independent smart-contract audit and security consulting to harden both the existing Sei deployment and the ExoHash L1 Chain codebase as real value flows through the system.
Initial regulatory exploration and jurisdictional analysis to inform long-term scale. Ongoing infrastructure, gas, monitoring, and reliability work supports sustained higher-volume operation on the Sei demo and on ExoHash L1 Chain.
This phase is intentionally focused on execution, assurance, and strategic optionality. The core technology is already working in the wild; capital is used to harden it, launch ExoHash L1 Chain, and prepare the system for larger-scale deployment rather than to invent new components.
Current system status
- • Core contracts: escrow, bankroll, game resolution, and accounting.
- • Backend execution engine designed for high throughput and low latency.
- • Production-ready game UI with in-app Smart Wallet connected to live contracts.
- • Thousands of rounds resolved on mainnet (mock USDC today) — a real-world Web2-feel demo on EVM.
- • Deterministic commit–reveal execution under real network conditions on Sei.
- • Immediate on-chain settlement without custody or pending balances.
- • Frictionless wallet flow: no popups, secure local key custody, native USDC transfers.
- • Cosmos Tendermint testnet with integrated DKG beacon and core L1 modules (escrow, settlement, bankroll, fees) running in parallel.
- • Backend throughput exceeding current Sei chain capacity — the core problem ExoHash L1 Chain is built to solve.
ExoHash L1 Chain — purpose-built execution layer (Cosmos app-chain)
In parallel with the Sei deployment, ExoHash L1 Chain is already running as a dedicated Cosmos app-chain with Tendermint consensus, an in-protocol DKG randomness beacon generated during the prevote stage, a native bankroll/settlement module, and a fee-only USDC economy. Where the Sei demo proves that Web2-style gameplay can be fully on-chain, ExoHash L1 Chain is the product: a sovereign execution environment designed to own the high-frequency, provably fair gaming segment.
DKG-based randomness integrated directly into block voting, removing reliance on external RNG providers or oracle calls and keeping every outcome verifiable on chain.
Dedicated blockspace and deterministic execution paths allow predictable sub-second latency and materially higher throughput than general-purpose chains — the core bottleneck for real-time Web3 games.
Fee capture, validator incentives, and LP-owned bankrolls live natively at the L1 level, establishing a long-term execution and revenue standard for this category.
The round described in this memo is not to "discover the idea" — it is to harden and launch ExoHash L1 Chain: funding audits, finalizing validator/operator onboarding, and turning a proven EVM demo into a category-defining Layer-1.
Business model
- • Usage-linked, real revenue. Revenue is generated mechanically from usage: a fixed protocol fee on every round. No token emissions or synthetic yield — higher activity directly increases protocol revenue on ExoHash L1 Chain.
- • No hidden house edge. The protocol captures a fixed fee; remaining value is directed back to users as USDC-transferable bonuses.
- • No token dependency. Economics are driven by actual rounds played and fee flow, not speculative token price dynamics.
- • Why this works. ExoHash owns the full stack — execution, randomness, settlement, and bookkeeping — removing external game providers, RNG vendors, and accounting intermediaries.
- • Liquidity is optional. If bankroll capacity becomes a constraint, liquidity providers can participate in exchange for a share of protocol fees.
- • Focus on games. The model allows the team to concentrate on game design, UX, and iteration speed rather than financial engineering.
Throughput and volume potential
On-chain constraint (today, EVM)
Each commit–reveal round on Sei is ~300k gas round trip. To stay below roughly 30% of block gas and leave room for other users on the chain, sustained throughput is effectively capped around 10 bets per second.
Target on ExoHash L1 Chain
ExoHash L1 Chain is designed for at least 100 bets per second of dedicated capacity — 8.6M+ rounds per day and over 3 billion bets per year at the execution layer alone. Block parameters and gas limits are tuned solely for this workload.
Economic scale
At billions of bets per year and a fixed protocol fee per round, ExoHash L1 Chain can support multi-billion-dollar annual wager volume. Revenue scales mechanically with usage, not token emissions.
The backend execution engine already runs ahead of what a shared EVM chain can comfortably support. On Sei, ExoHash competes for blockspace and inherits other users' noise. On ExoHash L1 Chain, throughput becomes a function of our own validator set and block parameters. Web2-style real-time interaction stops being an EVM hack and becomes native Web3 behavior at the L1 level.
Next step
Discuss partnership
If this matches your investment style, the next step is a short call to review alignment, scope, and timing.
We're looking for one aligned partner to accelerate execution, ExoHash L1 Chain launch, independent assurance, and regulatory exploration for scale.