SUI: a “unique” public chain

Writing: Zhou Zhou, ForeSight News

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“The reason I chose SUI is because it has a clear direction of development, and not all public chains are available at this point.” Several founders of SUI project party told me.

A developer who has been in the SUI ecology for nearly two years commented: “The MOVE language that needs to be used behind SUI makes me feel the language that a large company comes out, which is very standardized, reduced the difficulty of the start of the novice, the development of development, developmentLearn more than one of the many distinctive features of SUI.

In the exchange, I found that: SUI’s very differentiated features and styles are reflected in many places, and these styles are exactly what other public chains are not available.For example, SUI’s GRANT (funding) of many project parties is US dollars, not their own tokens; SUI strictly requires the brand isolation between the project party and the official SUI; SUI’s determination to enter the game track and so on.

These make SUI a “unique” public chain in the encryption industry.

On October 17, 2024, the 10th Wanxiang Blockchain Conference was held in Shanghai. At the same time, SUI also held multiple activities offline. I participated in several offline gatherings of SUI.A deeper understanding.

Since September, the price of SUI token has skyrocketed with TVL, which has attracted widespread attention from practitioners in the encryption industry. It can be said that it is one of the most concerned public chains in the current industry.In just one month, SUI’s TVL rose from $ 600 million to $ 1 billion, an increase of nearly double.The token price rose from 0.8U to 2U for more than a month, and the maximum increase in the tokens was nearly tripled.Some practitioners call SUI a Solana killer.

So why did SUI rise so fast, who is the capital push behind?What are the differentiated places and other public chains, and what are the innovative applications?Is the growth of SUI a long -term phenomenon, or is it a short -term hype?

After communicating with a number of SUI ecology, I found some answers.

Maverick SUI

SUI, in the encryption industry is a maverick existence, many behaviors show this.

Evan Cheng, the CEO of the company behind SUI, grew up in Kaohsiung, southern city of Taiwan, joined Apple in 2005. After 2017, he changed jobs to Facebook as director of programming language engineering and led some of the internal hobbies of cryptocurrencies in the company.Group group.

After a period of time, he became Libra’s platform research and development director and promoted the development of MOVE language.Mysten Labs has several co -founders, such as Adeniyi Abiodun and Sam Blackshear, both from the Facebook LIBRA project.The experience of working in well -known projects in the well -known manufacturer also naturally “inherited” SUI.

The first feature of Sui is to focus on the game track.

ADENIYI, one of the co -founders, said in an ash interview this month: “We have chosen the game industry because it is usually the earliest applied by technology and promotes the development of AI and high -performance computing. Therefore,,,,, thereforeSUI focuses on solving the ownership in the game and successfully attracted a large number of game developers to join, including the three largest listed companies in South Korea, NAN Net, Marble, FNC, and NCSOFTAt present, about 75 publishers have developed and applied on Sui.”At this time a year ago, SUI only signed a contract with 30 development studios.

The same is true of CEO EVAN Cheng.He mentioned SuiPlay, a game device launched by SUI more than once in Twitter and video dialogue.In recent weeks, whether it is Suiplay, or the head of the head, the head Meme Fud on the SUI has promised to reward and airdrop with Suiplay holders.

The second feature of sui is that it attaches great importance to complianceEssenceThe web3 itself advocates decentralization and the culture of Permissionless (no license), and most of the web3 institutions do not pay attention to compliance.But SUI is a special case.

A practitioner close to Mysten Labs told me that the compliance process within Mysten Labs was very strict, and it even felt a bit like a web2 plant.

Another entrepreneur of the SUI ecology said: “SUI to the project party Grant is US dollar, not SUI tokens, which surprises me.” “And SUI officials need tedious and complex documents, KYC, account number, etc.Often it takes a long time to get GRANT. “

Almost every SUI ecology I encounter will talk to me about the obvious feature of SUI: pay attention to compliance.

After chatting with a number of SUI practitioners, this may be closely related to the strategic direction of SUI.A practitioner said he believes that for those SUI officially recognized projects, such as Cetus, Scallop, etc., don’t worry about running and SUI.

This is completely different from the strategy of many public chains. For example, BLAST clearly explicitly tells users that if there is a problem with all ecological projects, it is not responsible.SUI and BLAST are extremes in two directions.Blast is completely irresponsible. The strict requirements of SUI for compliance also leave a impression on some developers: as long as it is the project recognized by SUI, users should not worry too much about RUG.

Behind this is a major strategic issue. This is also the third feature of SUI, that is, the goal of SUI is to focus on cooperating with Web2 big institutions to achieve Mass AdoptionEssenceMany traditional large institutions are not allowed to cooperate with stain institutions.This is a thing that must be done in the large institutions of many traditional worlds.

This also explains some phenomena, such as SUI and his three founders who have almost the habit of CX Meme, which seems to be incompatible.Because whether it is Base founder Jesse, Solana founder TOLY, they are guiding and supporting Meme culture.And SUI will not or rarely do this. SUI does not want the behavior of traditional institutions in its own behavior, which may be staining, which will affect its opportunity to cooperate with large institutions.

Differential development of SUI: compliance in the United States and ecological prosperity in the Chinese

SUI is a public chain that wants to comply with compliance in the United States. It cooperates in depth with well -known game companies from the world, but it is interesting that most Chinese entrepreneurs, such as Cetus and Scallop, etc., are interesting.

“70% or even 80% of the DEFI project is a Chinese entrepreneur.” Chen was an SUI ecological entrepreneur who told me his observation.

CHEN believes that this may be relatively clear in the development direction of SUI itself. When a system clarifies the direction of development, Chinese entrepreneurs tend to be higher than that of European and American teams in terms of speed and efficiency.

Chen also talked about the comparison of SUI and other MOVE public chains.

There are currently more than 20 public chains based on MOVE language, of which three public chains are directly from the Facebook team. They are: Aptos, SUI, and LINERA.The most important thing in the public chain in MOVE language is SUI and Aptos. These two are in the position of competition to become the leader of the MOVE public chain. Developers often compare these two public chains.

“From the perspective of personal subjective perspectives, the official tweets of SUI will often post some technical and product direction updates, and APTOS seems to be relatively small in this regard, and it seems to pay more attention to the content of activities. This seems to be between SUI and Aptos.A little difference “” chen said.

The SUI goal is clear. To do games and cooperate with We2 large manufacturers.However, as a non -game direction, a non -large institution SUI ecological entrepreneur, it does not seem to affect CHEN’s confidence in the development of SUI. Chen said that this is because the founding team of SUI has a clear development direction, not the East Hammer., West is a stick that makes the builders in the ecology unable to touch it.At present, many public chains do not have a very clear direction, which makes practitioners feel confused.There seems to be no such trouble on SUI.

Some practitioners believe that SUI is a public chain with a clear goal.This is different from many public chains in the east, west, or there is no clear differentiated development direction at all.And this feature seems to have brought a lot of different changes to the SUI ecology.

The first year of the SUI is to focus on developing DEFI; SUI, the future is to take the route to cooperate with Web2 large institutions; SUI is to focus on developing games; SUI is to do the most compliant public chain.When a practitioner summarized the development route of the Sui ecology, it was simple, focused, and clear.

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