Sui DePIN, a Decentralized Physical Infrastructure Network (DePIN) layer on the SUI blockchain, has announced its upcoming Initial DEX Offering (IDO). The project aims to decentralize data ownership and allow users to control and earn from AI models. The IDO will take place on SuiPad, the largest native launchpad on the Sui network, and Ape Terminal, one of the industry's largest launchpads. Sui DePIN has gained significant traction, with over 200,000 active users and strategic support from major players like Aethir Cloud and Amazon Web Services. The project's progress has driven positive market sentiment, with the SUI token's price increasing by over 8%. Sui DePIN has decided against using Polka as a launchpad due to a lack of support for the Solana network. The project is expanding its ecosystem with the recent launch of Chirp, a Play-to-Earn game on the Sui DePIN network, showcasing the versatility of the Sui blockchain.
- Content Editor ( beincrypto.com )
- 2025-01-02
Sui DePIN Announces IDO Launch Amid Rapid Ecosystem Growth