Over 200% raised in 3 minutes, what is so special about Suia, an ecological social application of Sui?

Original Author: Sleeping in the Rain

Decentralized social applications have always been an important application direction of the Web3 industry. Although we have been seeing the emergence of Web3 social applications, we have also witnessed their disappearance. Lens Protocol has a large user base, though most of them are in anticipation of its airdrop. In essence, it is because these social protocols are not capable of competing with Web2's easy-to-use social products.

A social app from the Sui ecosystem is changing that. Now Suia is taking advantage of the cost advantages, speed advantages and strong composability brought by Sui Network to implement the adoption of social applications in this direction.

Now Suia is ushering in one of its most critical application development nodes: token issuance. On May 15th, Suia will issue tokens on the LaunchPad section of the Sui ecological application Cetus.

Before the token launch, Suia also achieved a lot of outstanding performance:

• After ten months of construction, Suia already has more than 320,000 users, has reached cooperation with more than 100 brands on Sui, and has more than 50,000 daily active users;

• Suia received the Sui Grants and Sui Builder Heroes awards from the Sui Foundation, and won the Move CTF champion and Sui Demo day champion;

• As the first cooperation project of the Sui Foundation in Asia, Suia has helped the Sui Foundation link more than 80 projects from the ecosystem in the Asia-Pacific region;

• Suia and the Sui Foundation jointly developed an offline NFT coffee system and participated in the Taipei Smart City Summit;

first level title

Learn about Sui's ecological social application Suia

Suia is a new social application deployed on Sui Network. Their idea is to create an open, powerful and user-driven new community through products. In order to achieve this goal, in Suia's product design, we can see that they have designed many NFT activity medals, such as

• "Seoul Sui Builder House", those who participated in the Seoul Sui event or those who are interested in the event can claim the NFT medal;

• "Sui Insights =" "SeaPad", the casting of such products in Suia's NFT is similar to a kind of cold start of the community - let more people know about the application products through the Suia platform, thereby driving interest generation;

• "Suirfboard NFT", some NFT projects will directly choose Suia as the distribution platform;

• "Cetus Launch on Sui Mainnet" records a specific time node of the agreement, such as token issuance.

Through Suia, we can explore various on-chain and off-chain application scenarios. As we mentioned above, just like what we experienced in Web2 social products, we can cast commemorative NFTs, artwork NFTs, and brand NFTs provided by community event organizers, and based on Sui's powerful combination will These NFTs are placed in their own profile. At the same time, these acts are unlicensed and unrestricted.

Moreover, these NFT casting functions are often mutually beneficial, that is, some cold start protocols can gain exposure on Suia, or attract more users to participate in the community through NFT casting; and Suia community members can also issue more interesting NFTs through Suia Come get involved in the community, or get benefits like potential future airdrops in NFT minting.

Suia's Explore "(Explore)" function is helping Sui ecological projects to gain exposure and push interesting NFTs for community members.

And Suia's "Feed" function builds a social network built on Sui's blockchain address, on which we can share insights and lives. And these feed algorithm pushing streams are realized based on the user's on-chain activity data.

Another function of Suia is "Brand (Brand Club)". Brand allows brands in the Sui ecosystem to settle in and open specific NFT casting activities. Whether it is from the perspective of building a community for the brand or increasing exposure, Suia is a very useful tool for Sui ecological brands.

In addition, Suia has opened up many interesting functions, such as the World Cup prediction event last December, Suia community users can express their support for the team by receiving the team NFT. One notable aspect of the event was that Suia’s World Cup NFT was effectively combined with a Capy NFT, thanks to Sui’s Object-Oriented Programming Model, as shown in the image below.

In the opinion of Sui Network CEO Evan and CPO Adeniyi, "This is one of the biggest differences between Sui and other public chains. Such composability has spurred the birth of many new scenarios. (We) like this example very much (Capy and Suia's combination)."

Another example of composability is Suia's introduction of a feature called "SuiBox".

We can understand SuiBox as an NFT collection, just like we collect stamps and put them all in the collection, we can put all the NFTs owned by the wallet into SuiBox and display them in Suia's personal Portfolio. Whether it is facing various NFTs such as text, video, and sound, SuiBox can complete the task well. Ownership of the original NFT will be placed into the SuiBox, and the owner can retrieve ownership at any time.

SuiBox is an excellent example of the powerful composability that Sui brings, and Suia will create more use cases based on composability in the future. Also as Evan Cheng, co-founder and CEO of Mysten Labs, mentioned, "The composability of assets is the key to scalability. Imagine that in a game that supports UGC, a cup is an asset. The contract allows water , wine, juice and cup"synthesis"first level title

SUIA token issuance

SUIA will be issued on May 15th on Sui's ecological application Cetus. This token issuance is one of Suia's most important milestones.

SUIA tokens will encourage users to participate in the development of the ecosystem through economic incentives and provide fair compensation for their efforts. This will create a mutually beneficial system where every participant is rewarded fairly for their efforts. This also means that users who actively participate in the Suia ecology can get a fair return, and users who do not participate in the Suia ecology or rarely participate in the Suia ecology will not receive economic incentives.

Token issuance is also an important way for Suia to achieve decentralization and automated operation. Decentralization can create a truly open and fair community environment for Suia, and automated operation is actually the decentralization of the application side, which is to hand over the power to formulate platform rules and operate the platform to the community. This will create a sense of ownership for the community, driving the long-term growth of the platform.

As Suia mentioned in Gitbook, “We believe that the ownership of digital assets is an important part of the new generation of society. People who hold the same assets can become friends, colleagues, and even family members.”

The Suia application innovates in the following four dimensions:

1. Personalized NFT recommendation;

2. Feed based on on-chain activity data;

3. Enter the brand club;

4. More powerful composability.

In essence, Suia is taking advantage of the natural advantages of Web3 for ownership, organically combining brand, community and UGC content. What is even more surprising is that, compared with other social products, Suia has stronger competitiveness and a higher product ceiling by utilizing Sui's low-cost, high-performance and powerful composability. Therefore, this also makes us look forward to the future development of Suia. Let us wait and see how it will change the entire social network in the future.