- Binance has added Sui Network as its 33rd project to its Launchpool.
- Sui Blockchain intends to support both Web3 and NFT.
Sui Network has gained attention as the first permissionless Layer 1 blockchain. As a result of Arbitrum’s successful airdrops, it is one of the projects that people are most interested in receiving this year.
Sui is a proof-of-stake blockchain with horizontal scalability and storage that is completely decentralized. It aims to symbolize a step-function advancement in blockchain technology. That will enable designers and programmers to create experiences for Web3 consumers. Sui is the first permissionless Layer 1 blockchain ever created. According to the blockchain projects that are beginning to gain traction, the number of airdrops received directly relates to the number of blockchain interactions.
Sui Blockchain seeks to enable Web3 and NFT, whereas Solana concentrates on DeFi. Binance has added Sui Network as its 33rd project to its Launchpool. Binance users can stake their BNB and TUSD tokens to farm SUI beginning May 1, 2023, and ending at 23:59 UTC on May 2.
