Who is Sui?



Date of unlocking: July 1

Unlocked token count: 64,190,000 SUI

There are currently 2,426,143,880 SUI in circulation.

Sui is an L1 blockchain that is very performant. The network's functionality and safety are guaranteed by the Proof-of-Stake consensus algorithm. Mysten Labs, which developed the project, was established in 2021 by a team of people who had worked for Novi Research and had created the Diem blockchain and the Move programming language.



Mysten Labs has successfully raised $336 million in two separate funding rounds since December 2021. Binance Labs, Franklin Templeton, and a16z Crypto are among the key investors in the project.



On July 1st, the next SUI unlock will take place. Allotted to the community reserve and Mysten Labs treasury, a portion of the "unfrozen" tokens will also be distributed to investors in Series A and B.


$SUI