Developed by Mysten Labs, Sui is a Layer 1 blockchain designed to facilitate the creation of experiences that serve the next billion users in crypto. It is horizontally scalable, providing support for a diverse range of DApp development at an affordable cost with unrivaled speed. This pioneering platform offers users a general-purpose blockchain that boasts high throughput, instant settlement speeds, rich on-chain assets, and a user-friendly web3 experience. Sui is a significant advance in blockchain technology that has been designed from the ground up to meet the needs of users in crypto.
Sui is designed to eliminate common blockchain pain points, providing horizontal scalability, low gas fees, and high transaction processing capacities. It also offers low cost, increased composability, and transparency for developers to move more business logic and metadata on-chain, allowing them to define more complex assets with richer attributes and build dynamic NFTs that can be unlocked, upgraded, and bundled depending on the game.