SUI Sui

About sui(SUI)

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About

Sui is a permissionless Layer 1 blockchain designed from the ground up to enable creators and developers to build experiences that satisfy the next billion users in the web3. Sui is horizontally scalable and supports a wide range of application development with unmatched speed and low cost. Total supply: 10 billion, allocated to the founding team, investors, public sale, Sui Foundation and future releases. Token role: staking/protecting the network; transaction fees; governance; unit of account/transaction intermediary. (The background, technology, capital, etc. of Meta project Aptos, Sui, Linera are highly similar)