Sui is a decentralized permissionless smart contract platform based towards low-latency management of assets. It uses the Move programming language to define assets as objects that may be owned by an address. Move programs define operations on these typed objects including custom rules for their creation, the transfer of these assets to new owners, and operations that mutate assets.Sui is maintained by a permissionless set of authorities that play a role similar to validators or miners in other blockchain systems. It uses a Byzantine consistent broadcast protocol between authorities to ensure the safety of common operations on assets, ensuring lower latency and better scalability as compared to Byzantine agreement. It only relies on Byzantine agreement for the safety of shared objects. As well as governance operations and checkpointing, performed off the critical latency path. Execution of smart contracts is also naturally parallelized when possible. Sui supports light clients that can authenticate reads as well as full clients that may audit all transitions for integrity. These facilities allow for trust-minimized bridges to other blockchains.SUI TokenThe SUI token serves four purposes on the Sui platform:<ul><li>SUI can be staked within an epoch in order to participate in the proof-of-stake mechanism.</li><li>SUI is the asset denomination needed for paying the gas fees required to execute and store transactions or other operations on the Sui platform.</li><li>SUI can be used as a versatile and liquid asset for various applications including the standard features of money – a unit of account, a medium of exchange, or a store of value – and more complex functionality enabled by smart contracts, interoperability, and composability across the Sui ecosystem.</li><li>SUI token plays an important role in governance by acting as a right to participate in on-chain voting on issues such as protocol upgrades.</li></ul>

SUI raised $36M in their first funding round

Tokenomics

IEO Page On KuCoin Spotlight

IEO Page On OKX Jumpstart

IEO Page On Bybit

IEO Page On BitForex

Early Contributors

Series A

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IEO on KuCoin. Details:<ul><li>Subscription Start: 2023-4-15 00:00:00 (UTC)</li><li>Subscription End: 2023-4-22 16:00:00 (UTC)</li><li>Total Token Supply: 10,000,000,000 SUI</li><li>Initial Circulating Supply: 500,000,000 SUI</li><li>Token Sale Price (General Public Sale): 0.1 USDT</li><li>Spotlight Allocation (General Public Sale): 225,000,000 SUI</li><li>Spotlight Hard Cap: $22,500,000</li><li>Individual Allocation: 10,000 SUI (1,000 USDT)</li><li>Purchase Token Supported: USDT</li><li>Token Distribution Period: From 2023-4-24 08:00:00 To 2023-4-26 08:00:00 (UTC)</li><li>Token Type: SUI Mainnet Token</li><li>Spotlight Vesting Period: 1/13 will be unlocked on the Token Generation Event (TGE). After 30 days, an additional 1/13 shall be released monthly (before the 26th of each month), such that all Spotlight allocations are released within twelve months from the TGE date.</li></ul>The startup plans to use the $300 million to continue building its technology, as well as to entice users to its platform and for hiring, in particular in the Asia-Pacific region, according to the announcement.

Sui is a decentralized permissionless smart contract platform based
towards low-latency management of assets.

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Exchange	Pair	Last Price	Change (24H)	High (24H)	Low (24H)	Spread	Volume (24H)

HTX	SUI/USDT	USDT 0.785 $ 0.785	+0.51% USDT 0.004	USDT $ 0.793	USDT $ 0.780	0.051%	$ 18.86M SUI 24.03M
Binance	SUI/USDT	USDT 0.785 $ 0.785	+4.50% USDT 0.0338	USDT $ 0.793	USDT $ 0.747	0.013%	$ 11.99M SUI 15.27M
OKX	SUI/USDT	USDT 0.785 $ 0.786	+4.72% USDT 0.0354	USDT $ 0.793	USDT $ 0.747	0.038%	$ 6.29M SUI 8.01M
WhiteBIT	SUI/USDT	USDT 0.784 $ 0.784	+4.49% USDT 0.0337	USDT $ 0.794	USDT $ 0.747	0.089%	$ 4.65M SUI 5.93M
AscendEX	SUI/USDT	USDT 0.785 $ 0.785	+4.69% USDT 0.0352	USDT $ 0.797	USDT $ 0.744	1.014%	$ 3.66M SUI 4.66M
Bybit	SUI/USDT	USDT 0.785 $ 0.786	+4.58% USDT 0.0344	USDT $ 0.794	USDT $ 0.747	0.038%	$ 3.63M SUI 4.62M
DigiFinex	SUI/USDT	USDT 0.785 $ 0.785	+4.45% USDT 0.0334	USDT $ 0.793	USDT $ 0.747	0.013%	$ 3.11M SUI 3.96M
Bitget	SUI/USDT	USDT 0.785 $ 0.786	+0.54% USDT 0.00425	USDT $ 0.793	USDT $ 0.747	0.061%	$ 2.83M SUI 3.60M
Coinbase	SUI/USD	USD 0.785 $ 0.785	+4.73% $ 0.0355	USD $ 0.794	USD $ 0.750	0.051%	$ 2.54M SUI 3.23M
KuCoin	SUI/USDT	USDT 0.785 $ 0.785	+4.67% USDT 0.035	USDT $ 0.794	USDT $ 0.747	0.127%	$ 2.42M SUI 3.08M

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