Sui ($SUI )
Unlock Date: December 1
Number of Unlocked Tokens: 64.19 million SUI
Circulating Supply: 186.58 million EIGEN
Sui is a high-performance Layer 1 (L1) blockchain. The network is powered and secured by the Proof-of-Stake consensus algorithm. The project was developed by Mysten Labs, a company founded in 2021 by a group of former Novi Research employees who were responsible for creating the Diem blockchain and the Move programming language.
Since December 2021, Mysten Labs has raised $336 million in two funding rounds. Binance Labs, Franklin Templeton, and a16z Crypto are among the project's major investors.
The next SUI unlock will take place on December 1. Some of the “unfrozen” tokens will be distributed among participants in the Series A and B investment rounds, while the remaining coins will be sent to the community reserve and the Mysten Labs treasury.
