# SUI Name Service 

**Published by:** [Avilas](https://paragraph.com/@avilas/)
**Published on:** 2023-03-06
**URL:** https://paragraph.com/@avilas/sui-name-service

## Content

Mysten Labs CEO Seeking to Raise over $100 Million for a Web3 Fund Evan Cheng, CEO of Sui developer Mysten Labs, is seeking to raise over $100 million for a Web3 fund, according to The Block. Sui is a Layer 1 smart contract platform that claims to offer unprecedented low-latency for simple use cases by forgoing consensus to instead use simpler and lower-latency primitives. sns.domains

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