# Sui Ecosystem Update

By [Web3 World ](https://paragraph.com/@web3-world-2) · 2023-01-26

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SuiPad 🌊 - Launchpad on Sui

👀Introduction SuiPad is the first IDO & INO platform built on Sui, the first permissionless Layer 1 blockchain that cater to the next billion users in web3. We aim to bring you the next blue chip on Sui. SuiPad will introduce decentralized fundraising, $SUIP token staking and governance voting to the Sui ecosystem. 🛣️Roadmap ✅Q4 2022 Base platform launch: new website, tradable DEX UI Community Building Mass Marketing ✅Q1 2023 SuiPad on Mainnet Multiple wallet integration IDO for $SUIP Staking pool and SuiPad Shield 1st batch of IDO (10 projects) Continuous marketing push ✅Q2 2023 Production of SuiTank first season (8 Episodes) SuiPad Founders Pass NFT Collection Mint 2nd batch of IDO (20 Projects) Fund raising (Equity round) ✅Q3 2023 SuiTank first season on air NFT Launchpad mainnet INO first batch 3rd batch of IDO (30 projects) 1st Cohort of SuiPad Incubation Program ✅Q4 2023 2nd Cohort of SuiPad Incubation 4th batch of IDO (30 projects) INO second batch Production of SuiTank (second season)

🎁Tokenomics Token information Type: Sui Token on Sui Network Ticker: SUIP Total supply: 100,000,000 SUIP (fixed) Token contract: TBA Initial circulating supply: 10,100,000 SUIP Initial market cap: $606,000 USD Private sale price: $0.02 - $0.03 USD Public sale price: $0.05 USD Token distribution Both our seed and private sale rounds are distributed over many different participants. By distributing our seed, private and public sales we are trying to create the most fair token distribution on launch possible with no single entity holding large quantities of the supply.

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*Originally published on [Web3 World ](https://paragraph.com/@web3-world-2/sui-ecosystem-update)*