"There must be many investors who don't know, yes, this SUI token is like a new one that needs to be recognized."
The much awaited SUI cryptocurrency release by investors will finally happen once the mainnet* goes live on May 3rd when digital asset exchanges Bybit, OKX and Kucoin hold a token sale.
*The blockchain protocol is fully developed and used.
Each of the following exchanges will offer 255 million SUI at a price of $0.10 each and each user is only allowed to buy 10,000 of these digital assets, but residents of the United States (US) are strictly prohibited from participating.
In context, the Sui blockchain founded by a former employee of Meta Platforms (META) has applied a programming language (programming language) called Move, which is the language behind the Aptos blockchain (APT).
Unlike SUI, APT has issued their tokens in the form of airdrops to users interacting with various testnets**.
**Blockchain created specifically for developers to test new features.
The streak, the SUI investor was found expressing his dismay on the social media platform Twitter despite his team saying several times that they are not planning to issue an airdrop.
One of the projects that will be broadcast live on the SUI mainnet is Suiswap, which is a decentralized exchange and liquidity staking protocol similar to Uniswap (UNI) on Ethereum (ETH).
Sui Network developer Mysten Labs has signed an agreement with Alibaba Cloud last month to offer node services and cloud infrastructure to improve user experience.