BytePlus, the tech division of TikTok's parent company ByteDance, is diving into Web3 through a strategic partnership with Mysten Labs, creators of the Sui layer-1 blockchain. The collaboration will leverage BytePlus's AI and data warehousing expertise to bolster the Sui ecosystem, focusing on Web3 gaming and SocialFi projects. BytePlus's solutions, including its cloud-native data warehouse ByteHouse, will be integrated with Sui's full-node data, potentially enhancing Sui's analytics capabilities. This partnership could revolutionize data analytics in the Web3 space, according to Mysten Labs' CEO.