Sui Network closes IDO registration and announces mainnet launch on May 3

Sui Network is a blockchain project that has recently received a lot of attention for its token listing on several major cryptocurrency exchanges including Kucoin, OKX, and Huobi, notify Mainnet launched on May 3. In addition, the project also announced the SUI token sale mechanism based on the subscription mechanism.

SUI tokens will be used to pay transaction fees for operations on the Sui blockchain, and users can also stake tokens to validators and participate in network governance activities. Sui Network has also launched an outreach program that allows early backers to purchase SUI at a discount.

The token sale will be divided into two phases: general sale and whitelist sale. The general sale will be open to all users on OKX and Kucoin at a price of $0.10. On the other hand, the whitelist sale will be reserved for individuals who play the role of advocates and supporters in the project’s Discord community, who will be able to buy SUI for $0.03. la.

As of April 20, the project has closed the whitelist sales registration, and created more than 340,000 accounts before February 1, meeting the necessary conditions. Of these, 180,000 have been verified and 96,000 are whitelisted for sale.

The project emails people who successfully enter the whitelist sale, allowing them to buy SUI for $0.03 on three exchanges. In case of any KYC verification errors, the project will update the listing until the sale is fully registered.

In summary, the upcoming Sui Network mainnet launch and the listing of the SUI token on several major exchanges have generated a lot of interest among crypto enthusiasts. Through the project’s subscription token sale and outreach program, early backers will have the opportunity to purchase SUI at a discount, with the potential to provide lasting value as the project continues to grow.

  • OKX, Bybit, and Kucoin announced the launch of Sui tokens and launched a subscription mechanism instead of airdrops
  • Sui Network is ambivalent about token airdrop plans, while Aptos, Arbitrum, and Space ID are executing their plans

Mr. teacher

according to Kyptos

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