As a DPoS layer 1 blockchain that's based on the MOVE language (like Aptos), Sui has a lot to be excited about.

However I'm not a fan of the Tokenomics, and investors should take note.

A Circulating Supply of 528,273,718 and a Total Supply of 10,000,000,000 sounds the alarm for a flood of tokens to hit the market, with 34% of total supply allocated to early investors and contributors.

Sui is a new layer-1 chain that promises to operate at a speed and scale previously thought unattainable. It aims to “cater to the next billion users in web3” and offer decentralized application (Dapp) deployment, competing with existing smart contract chains like Ethereum.