🎬 One Minute, One Crypto — Episode 4: SUI (SUI)
“The blockchain designed for large-scale Web3 apps.”
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🔹 WHAT IS IT?
Sui is a Layer 1 blockchain designed to provide high processing speed, low fees, and a smooth user experience, especially for decentralized applications (dApps) and Web3 games.
Developed by Mysten Labs, a project founded by former Meta (Facebook) engineers.
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🔹 TECHNOLOGY
• Native language: Move, a Rust-inspired language focused on security.
• Parallel transaction processing (instead of stacking them), allowing for high throughput.
• Finalization time: <1 second.
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🔹 USE CASES
• Gaming, NFT, decentralized finance (DeFi), social apps.
• Examples of projects: SuiNS (domain names), KriyaDEX, Scallop.
• Compatible with wallets like Suiet and Martian.
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🔹 TOKENOMICS (2025)
• Native token: $SUI
• Max supply: 10 billion
• Usage: transaction fees, staking, governance.
• +60% of circulating tokens are staked via validators.
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🔹 IN 2025
• Sui is among the fastest Layer 1s with a booming ecosystem, particularly in Web3 games.
• The foundation actively funds projects to enhance its adoption.
• Rising presence in the top of the most used blockchains daily.
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👉 Which crypto do you want to talk about next?
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