According to official announcements, the Sui blockchain project has finalized May 3 as its mainnet launch date. The native SUI tokens, previously sold through cryptocurrency exchanges, will also be unlocked upon the mainnet's activation.
The Sui team has repeatedly emphasized that SUI tokens will not be distributed via airdrops. Instead, they confirmed an Initial Exchange Offering (IEO) model for the token sale on April 15.
Major exchanges like KuCoin and ByBit have also announced SUI token sales, with a base认购 price set at 1 SUI = $0.10**. Meanwhile, users eligible under the **[Sui Foundation Contributor Whitelist](https://verifysupporters.sui.io/)** can participate in the **Recognition Sale**, securing tokens at a discounted rate as low as **$0.03 per SUI.
Key Highlights:
- Whitelist Selection: Sui has closed Recognition Sale applications. From 180,000 submitted accounts (filtered from 340,000 initial entries), 96,000 users will be randomly selected for whitelist access.
- Notifications Begin April 20: Successful applicants will receive updates via email or platform alerts.
- Token Utility: SUI tokens (fixed supply: 10 billion) will support staking, transaction fees, storage costs, governance voting, and trading within the Sui ecosystem.
👉 Explore SUI’s Layer 1 Innovations
Technical Backdrop
Sui is a high-performance Layer 1 blockchain using Proof-of-Stake (PoS) consensus. Developed by Mysten Labs, it shares Meta’s Move programming language with Aptos, enabling scalable dApp development.
FAQ Section
Q: When will SUI tokens be tradable?
A: Tokens unlock with the mainnet launch on May 3. Exact trading start times vary by exchange.
Q: How can I check whitelist status?
A: Approved users will be notified directly via the email linked to their exchange/KYC accounts.
Q: What’s the total supply of SUI?
A: 10 billion tokens, with partial release at launch and gradual distribution via staking rewards.
👉 Why SUI’s Architecture Stands Out
Closing Notes
Sui’s emphasis on low-latency transactions and developer-friendly tools positions it as a contender in the Layer 1 space. Stay tuned for post-launch updates on network performance and ecosystem growth.