Not going to repeat the same points highlighted by other great analysts in previous reviews. Its only worth noting not so-obvious but very important things in terms of short-term/mid-term vision for SUI blockchain from an investment analyst prospect:
- Sui is built by Mysten Labs. Aptos, L1 blockchain launched in Oct 2022, is built by Aptos Labs. Both teams have previously worked in blockchain development at Meta.
- Similar fundraising history of both Aptos and Sui(p.1 & p.2). 300mln$+ raised.
- Aptos price action(p.3). No doubt Sui has more than enough resources to draw some similar figures to show their intentions on the market share.
Why only "short-term/mid-term" was mentioned? Nobody is sure that all L1 players can compete with ETH and rapidly growing L2 solutions in the long-term.
Nevertheless, its definitely 5 stars to keep a close eye on all movements of this hugely-funded giant. Speculation is dead, Long live speculation Show Less
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