100 USDT
A Symbol of Growth and Innovation in the Blockchain Landscape
Sui, the groundbreaking layer-1 blockchain, has reached new heights by claiming the coveted title of “Blockchain of the Year” at the prestigious Eurasia Awards 2024. This accolade is a testament to Sui’s meteoric rise and the indelible mark it is making on the crypto industry.
Unveiling a Stellar Ecosystem
The Sui ecosystem has garnered immense popularity in recent months, propelled by its remarkable growth. This growth can be attributed to several factors:
- Surpassing $600 million in Total Value Locked (TVL)
- Securing a top-10 ranking among DeFi ecosystems
- Witnessing a significant influx of funds from Ethereum through the cross-chain protocol Wormhole
Celebrating Sui’s Dedication and Partnerships
Sui’s unwavering commitment to pushing the boundaries of blockchain technology has propelled it to the forefront of the industry. The blockchain’s recent expansions and collaborations have further solidified its position as a leader.
Greg Siourounis, Managing Director of the Sui Foundation, expressed his gratitude for the recognition:
We are honored to receive this prestigious award from AIBC. This acknowledgment underscores the tireless efforts and meaningful contributions of the entire Sui community. It will inspire us to harness the network’s advantages and welcome new projects into the thriving Sui ecosystem.
A Diverse Array of Awards
The AIBC Eurasia Awards encompassed a wide range of categories, each recognizing excellence in the blockchain and gaming sectors. Notable categories included:
- Web3 Gaming Leader of the Year
- Crypto/Web3 Media of the Year
- Best Metaverse Project 2024
Distinguished Panel of Judges
The esteemed panel that selected Sui as the Blockchain of the Year comprised industry stalwarts and entrepreneurial minds, such as:
- Olga Yaroshevsky (Ph. D. and AIBC’s Lead Producer)
- Pavel Matveev (CEO at Wirex)
- Giacomo Arcaro (renowned seed investor and Ethereum evangelist)
Frequently Asked Questions (FAQs)
What is Sui?
Sui is a cutting-edge layer-1 blockchain featuring high throughput, scalability, and a user-friendly development experience.
What is Total Value Locked (TVL)?
Total Value Locked represents the total amount of cryptocurrency assets deposited into decentralized finance (DeFi) protocols.
What is Wormhole?
Wormhole is a state-of-the-art cross-chain protocol that facilitates seamless transfer of assets between different blockchains.
Who is Greg Siourounis?
Greg Siourounis is the Managing Director of the Sui Foundation, the organization responsible for the development and governance of the Sui blockchain.
Who is Giacomo Arcaro?
Giacomo Arcaro is a renowned seed investor, Ethereum evangelist, and an advocate for blockchain technology.
About Sui
Sui is a layer-1 blockchain that combines high throughput, scalability, and a user-friendly development experience. It is designed to support a wide range of decentralized applications and has been gaining significant traction in the blockchain community.
Contact
Sui Foundation
[email protected]
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