Mysten Labs, the company behind the SUI (SUI) Blockchain project, heralded a massive airdrop. Here’s what altcoin traders need to do to earn limited NFTs…
Mysten Labs announces a new NFT airdrop for altcoin investors
Mysten Labs is planning a new airdrop for early backers of the SUI network. While there was a local token pre-sale previously, there will now be an NFT airdrop. The developers announced that NFT winners will be determined by Discord membership date. To win the airdrop, it is required to be a member of the “Sui Discord” channel before the launch of the Sui mainnet.
📢 Announcing our ACES (Active Contributors & Early Supporters) Program
If you were a Sui Discord member BEFORE Sui Mainnet launch on May 3, then register here before May 17th 11am PDT to become one of the Mysten ACES: https://t.co/uDeJnAHXlc
This is in recognition of the…
— Mysten Labs (@Mysten_Labs) May 10, 2023
Users who join Discord before May 3 will be eligible to receive rewards from the SuiFrens collection. The deadline for community contributors to submit their “SuiFrens Bullshark Generation 0 Limited Edition” NFTs is May 17. Airdrop distribution is expected to be complete a few weeks after the registration period ends. Mysten Labs also underlined that SuiFrens Bullshark 0th Gen NFTs will be published for the first and last time.
Sui (SUI) completes its transition to the highly anticipated mainnet
Sui has been one of the most talked about projects of recent weeks. The altcoin project completed its transition on the mainnet on May 2. It then quickly found support from major centralized cryptocurrency exchanges.
https://twitter.com/SuiNetwork/status/164881569541963779
Sui, who has been working for a long time, has been in the testnet process for months. The project, which previously carried out the Wave 1 and Wave 2 test processes, announced that it has launched a permanent testnet network in the past weeks.
Deep dive into the Sui ecosystem
The official announcement mentions that Sui, as a general smart contract platform, can support various high-end applications in gaming, banking, commerce, social media and other fields.
Suiscan’s data shows that the network has more than 2,000 node operators and around 100,000 total addresses. It also revealed that these are currently growing rapidly.
Messari covered the SUI network quite extensively in a May 2 report. According to the report, SUI will be used to pay gas fees and for future management. The Sui Foundation has announced that there will only be a maximum supply of 10 billion tokens. The Community reserve will receive 50% of this. At the same time, early contributors and investors will receive 20% and 14% tokens, respectively.
Shortly after launch, SUI started trending on Twitter and CoinMarketCap. cryptocoin.com As you follow, Bitget recently announced that it has opened its list. However, it should be noted that Arbitrum made a similar debut a few months ago. ARB price initially started to decline. However, the price later increased. Therefore, some more time is needed for new investors to arrive within SUI.
