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            <title><![CDATA[Sui - activities in the ecosystem.]]></title>
            <link>https://paragraph.com/@cryptocode/sui-activities-in-the-ecosystem</link>
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            <pubDate>Sat, 24 Dec 2022 09:00:24 GMT</pubDate>
            <description><![CDATA[A little about the project itself: Sui is an L1 performance blockchain being developed by Mysten Labs. Sui uses the work of Diem, a failed blockchain platform from Meta Corporation, and operates on the Proof-of-Stake algorithm. It is worth noting the financing of this blockchain, in October 2022, the startup held a series A round for $36 million led by Andreessen Horowitz fund, in the second round managed to raise $300 million from FTX Ventures, Jump Crypto, and Mysten Labs was valued at $2 b...]]></description>
            <content:encoded><![CDATA[<figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/e7fbe2e2d557632937e0fc32af80af875a7de453d5f03f82537748f9280f0337.jpg" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><blockquote><p>     A little about the project itself: Sui is an L1 performance blockchain being developed by Mysten Labs. Sui uses the work of Diem, a failed blockchain platform from Meta Corporation, and operates on the Proof-of-Stake algorithm. It is worth noting the financing of this blockchain, in October 2022, the startup held a series A round for $36 million led by Andreessen Horowitz fund, in the second round managed to raise $300 million from FTX Ventures, Jump Crypto, and Mysten Labs was valued at $2 billion.</p></blockquote><p>     Sui blockchain runs on a brand new programming language Move, and a very important point is that the creator of the programming language Sam Blackshear is part of the Mysten Labs team.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/520dc6ef120feba4b6a40e59e9aca26446c7bf2b83da24dbba4e283680ab4421.jpg" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>The project has a strong developer base, as evidenced by the frequent code updates on GitHub.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/e27a06439b2032221a0de6e7dc64bf7ea75a402f3fd80df92a28d82bae2ff3b0.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>     Mysten Labs, said the company is planning a public token <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://sui.io/resources-tokenomics/recap-sui-ama-tokenomics/">sale</a>, with the launch of the core network and SUI coins scheduled for the end of the year.</p><p>     So how can we interact with the new Sui blockchain under construction? And before we start, it&apos;s worth saying that DevNet is going on now, what does that mean? In other words all activity may have absolutely no value now because the network may reset and everything we do will disappear, but with the TestNet phase it is already worth actively participating in application testing!</p><p>     There are quite a lot of activities, such as installation of a node and participation in the testnet, promotion of the project in social networks, more details can be found in the discord channel Sui, but what can be done now for those who do not have the technical background? It is possible to test applications which are built in sui blockchain, using popular cryptocurrency wallets Suet and Sui wallet.</p><p>     So, we download and create new wallets, save the phrase and start testing applications and branding Nft. Install suet and sui wallets and brand the test tokens.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/e9a6b7cfad9f9a50a72b917c67c1edf4aa458f013257bb5d1eda5aef7b511c3d.jpg" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>After we received tokens to pay for actions in the network, we create NFT in the wallets, there may be errors, in this first stadia is normal, have patience and continue to test.</p><p>Let&apos;s start with the best part! Mint Capys, Personages living in the Sui network).</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/8c4a79f21421e44e5787ebe8fe13928ec996de0cbb325b5f73b93043336f72b5.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><ul><li><p>connect with the wallet in the apps</p></li><li><p>section choose on the site section - My Collection, then - capys</p></li><li><p>Mint the new characters, confirming in the purse Sui</p></li><li><p>then go to the section - Breed Capys and cross characters</p></li><li><p>you can put up for sale</p></li></ul><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/1ebc2a3fa44a18a3c4c90f65b724368d9164f0b708f8fc6d01db628dbbba8498.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><blockquote><h3 id="h-the-dapp-is-currently-in-alpha-and-runs-on-devnet-which-does-not-have-the-stability-of-the-main-network" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">The dApp is currently in alpha and runs on Devnet, which does not have the stability of the main network.</h3></blockquote><p>There is an interesting activity at the minte free nft - Sui GameFi Early Supporter. Learn more here - <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://galxe.com/puke2earn/campaign/GCxjiUw5XA">https://galxe.com/puke2earn/campaign/GCxjiUw5XA</a></p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/66036c33a8e56ab01d2d94bfe5c9256937bfaa023c9b98cbd08ee237ed8dda20.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>     Just for the simple actions (twitter and discord subscription) you can get NFT - Sui Community Early Supporter, of course it is not clear whether these nft will have some value, but better to have them than regret.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/b480fca19ddada7bbe2a499efdc822592c3885529710967ea9bf07f61a9b0ff7.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>Another one test site for the nft mint is <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://hanako.vercel.app">https://hanako.vercel.app</a>, spend not much sui on gas and pick up the nft.</p><p>     Despite the very new blockchain Sui already has a growing infostructure and good partnerships, below is an infographic with potential blockchain-enabled projects.</p><p>     When you enter TestNet, you should pay attention to the best of them, test them in order to have tangible rewards (the question of remuneration is under question). You can also look <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://movemarketcap.com/sui/">here</a>.</p><p>Sui Infrastructure:</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/15ef3ca99362cd5f9bf5a42919c07a462d983691f5ffd7e593ca602d79fd8872.jpg" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>     If you watch the activity, of course all are now looking in the direction of mint nft, but I think the Sui team will not be limited to that and a good profit can be made by adding liquidity in the most interesting DEX for example - (suiswap).</p><p>After adding test tokens, you can make an exchange and add a pool with liquidity.</p><p>Also do not forget about the name service (for <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://sui-names.com/">example</a>), not just creating a nice name, and use them, sending tokens - interacting.</p><p>There is also another name Service in the Sui network - <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://suins.io">https://suins.io</a>, which I also advise to use, registered addresses will be displayed in your wallet in the section nft.</p><p>You can also test new Defi sites such as <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://arayafi.org">arayafi.org</a>.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/b68e28fa16e668b750d2bc81fad6aae370488b4f8b4bd72b2c86ce1667dbec5f.jpg" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>On the radar there is an interesting project, which promises after the test mint his character further development and the opportunity to get WL in Sui. The project page is <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.sui.mint.ozozoz.io/">https://www.sui.mint.ozozoz.io/</a>. After receiving nft connect Discord and confirm the transaction in #🔎│proof-of-mint-sui, more in discord ozozoz.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/c29c3c6632df523ee17cb20eb6a441c4e989c7e687f12ae6a0f9bd4b41b0ec9b.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>It&apos;s time to consider the nft market, where our favorite &quot;pictures&quot; will be sold. Here is one interesting example, which will soon have a mint - <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.sui.gallery">https://www.sui.gallery</a></p><p>Many applications now work only in Devnet Sui and the market nft <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://suia.io">https://suia.io</a> is no exception, here you can make your own collection, buy and put up for sale their creations of art.</p><h3 id="h-testnet-sui-is-already-active-and-as-the-developers-said-the-first-phase-was-successful-15-november-a-major-update-was-released-with-the-testnet-release" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">TestNet Sui is already active! And as the developers said the first phase was successful! 15 November, a major update was released with the TestNet release.</h3><p>Testnet will change the condition, and it will be necessary to study the Sui ecosystem in more detail to notice those projects that have prepared for the testnet.</p><p>The new service mint wizardland, connect the wallet and pick up nft <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://test-wizardland.vercel.app/">here.</a></p><p>Very soon they promise to open the Test of the fresh Dex <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://Umi.ag">Umi.ag</a>. The exchange has a good functionality and works simultaneously in two networks Sui and Aptos.</p><p>And in conclusion the best part, the well-known game 2048.</p><blockquote><p><em>In short, the cardinal difference from blockchains like eth, sol is that all these networks are &quot;account-centric&quot;, while the sui network is subject-oriented, which means that you can send parallel transactions without waiting for confirmation of the previous one, which greatly increases scalability!</em></p></blockquote><p>With the development of the Sui ecosystem will be more sites for testing, do not be lazy because it can bring a direct cash bonus! Good luck!</p><p>________________________________________________________________________________________</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://sui.io/">https://sui.io/</a></p><p>&lt; <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.gg/sui%3E">https://discord.gg/sui&gt;</a></p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/SuiNetwork">https://twitter.com/SuiNetwork</a></p>]]></content:encoded>
            <author>cryptocode@newsletter.paragraph.com (cryptocode)</author>
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