Sui

$SUI

The Sui token will enter the market soon and will represent a utility token, typical for most Layer 1 solutions in the market. However, there are certain issues in the tokenomics category that lead to a reduced rating of 3 points:

Unclear tokenomics model: Information on who owns how many tokens, as well as vesting details, is hard to find or not presented in an accessible form.

Generic tokenomics description: The tokenomics itself is broken down into an extremely small number of parts, where advisors, team members, separate amounts for development, etc., are not specified. Instead, categories are described with the most generic words.

Mismatch in circulating supply information: Based on the available tokenomics information, the circulating supply should be no more than $200 million at the TGE (Token Generation Event). However, on exchanges where the IEO (Initial Exchange Offering) is taking place, the stated amount is $500 million. Show Less

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2024 Cyrator - Verified Crypto Intel

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