According to my research, I have found that the tokenomics of SUI are not consistent, which can be confusing and make it difficult to determine which sources to trust. At the time of the token's listing on various exchanges (TGE), 555.6 million SUI tokens were unlocked, which accounts for approximately 5.56% of the total token supply. These unlocked tokens came from allocations designated for the... More
I think we can all agree that Sui has made incredible progress in recent months - and has just officially launched its mainnet on May 3.
The SUI token currently has a fully diluted valuation of around $13 billion, putting it ahead of established networks like Avalanche, Solana, and Polygon. In addition, the recent partnership between Turbos Finance and Dao Maker is certainly a promising step... More
I would like to write this to avoid any misunderstanding, we should know there are 2 entities here
- The first one is Sui Foundation which you can find here https://www.linkedin.com/company/sui-foundation/. The Sui Foundation is an independent organization that is dedicated to the advancement and adoption of the Sui network. The Foundation fulfills its mission by educating, activating, funding,... More
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.
Sui has 536k Twitter followers at the time of writing (01 May 2023).
I get a feeling reading through the recent tweets that the community isn't entirely happy with how the project has treated early supporters. Loads of people were expecting an airdrop even though Sui have stated there would be no airdrop from the beginning. Even so, a large number of tweets include the phrase "no airdrop = no... More
Narrative in Crypto Projects are massively important for their success and Sui has it.
Sui is referred as the Solona Killer. Yet to be proven though, Sui claim that can do 297.000 TPS (transactions per second). That's fast! Theoretically Sui is not a blockchain but a DAG. DAG can scale horizontally and transactions can be executed in parallel rather than a blockchain, that is linear.
SUI has an effective marketing approach
- First, why they don't offer airdrop for free users? Let's have comparison between SUI and a similar project APT. APT seems like the pioneer, the time they executed marketing activities was before Oct 2022 when we were drowned in a bear market and the whole industry had low activities (see fig). SUI was in a different situation in which the market was... More
Sui’s founders are Adeniyi Abiodun (COO), Sam Blackshear (CTO), and George Danezis, in addition to Evan Chang as CEO (CSO). The team has three years of expertise working on high-level crypto projects such as the Diem blockchain, cryptographic proofs of solvency, the most recent high-performance consensus/execution techniques, and the creation of the Move programming language. The team is focused on making sure developers have the tools necessary to build apps on Sui. With a clear end-goal in mind, I am confident that the team is able to take the project on to greater heights!
I'm thrilled to be back guyss 🤘🏾 and ready to provide you with insightful information and friendly analysis. Today, I'm excited to present a micro review of the Sui blockchain.
Sui shines bright in the realm of interoperability. With a keen eye on the fragmented nature of the blockchain landscape, Sui aims to bridge the gap between various blockchain networks, enabling seamless communication... More
#Progress in Tokenomics and Token Launch
This review will cover some concerns about the $SUI listing and tokenomics from a MM(market-making) perspective.
First of all, SUI token economy seems predatory for retail investors. The problem is MM deals with their lack of public disclosures. [“No one really knows what the terms of the deal... More
My 3-point rating for Sui's marketing is based on the complex situation with the crypto community. The main problem is the negative perception of the team's decision to conduct a token sale instead of an airdrop, which has caused a wave of dissatisfaction among airdrop hunters who were hoping to receive free money.
However, it is worth noting that:
A free token distribution at an early stage... More
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... More
Sui is a layer 1 blockchain designed for both users and developers. With its object-centric design, it allows developers to create programmable objects representing user-level assets with distinct attributes such as ownership. Unlike other blockchains that use accounts as their basic unit of data storage, Sui's approach is unique and innovative.
Another notable feature of Sui is its support for... More
Sui continues to develop the advancements that were present in Meta's Libra blockchain, offering unique technological solutions in the blockchain field:
Transaction formation method: Unlike most blockchains, where transactions must be added to a block sequentially one after another, Sui allows for the parallel execution of transactions that do not depend on each other. This significantly speeds... More
We launched an NFT project on SUI and we really know the community there. Unfortunately, they have lost big part of their community and the projects that launched there.
I think that the technical solution is pretty useful, fast and optimized. But this is not enough when it comes to generate loyalty and users interest.
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.
The approach you take will depend on your risk tolerance as there are benefits and drawbacks to both options. Here are the key considerations:
- Let's have a look at the tokenomic (fig 1), before Nov 2023, there are 4 parties who hold $SUI, they are Community (RED), Sui Foundation (PURPLE), Market Maker (BLACK), and Binance Launchpool (Yellow). The issue here is allocation of Market Maker is too... More
We are no longer in 2017 when only a few billionaires jumped into this market or 2020 when a few enterprises jumped in, now many major countries are currently discussing releasing laws for cryptocurrency therefore we should anticipate that this market will go mainstream in a massive way. Consequently, scaling is extremely important for every blockchain project to handle the expected influx of... More
Sui is ANOTHER layer 1 blockchain this time built entirely from scratch and it operates on a proof of stake consensus.
This project has BIG financial backing from some well known major funds - Coinbase Ventures, Jump Crypto, Circle Ventures, A16z & Binance Labs to list a few. They also have a deep war chest to dip in to for the likes of marketing and R&D considering they raised $300million in... More
The Sui blockchain community is an incredibly vibrant and innovative space that has gained significant attention and recognition within the blockchain industry. It is a community that has fostered an environment of collaboration, knowledge sharing, and technological advancement. In my opinion, the Sui blockchain community has a lot to offer and has the potential to revolutionize various... More
Permissionless, PoS Layer 1
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... More