Sui Network Ecosystem Projects Token Issuance Overview

Since the launch of the Sui Network mainnet, ecological projects have emerged like mushrooms after rain, with some projects completing their first round of token issuance. Recently, a DEX project based on Sui and Aptos attracted over 100 million SUI in its IDO, with an oversubscription of 1350%. Another Launchpad platform's public round sold out in 55 seconds, and its tokens are now listed on multiple exchanges.

These successful IDO cases not only reflect the market's preference for these projects but also demonstrate attention to the Sui public chain ecosystem. This article will review the Sui Network ecosystem projects that are about to conduct IDOs, sharing potential investment opportunities with readers.

WispSwap

WispSwap is a decentralized exchange and DeFi platform on the Sui blockchain, offering a variety of financial products such as trading, lending, farming, staking, prediction markets, and launchpad. The platform is committed to enhancing user experience and maximizing returns through innovative mechanisms.

This round of financing will be used for product research and development, smart contract auditing, and the initial liquidity increase of the WISP Token.

IDO details:

Whitelist Presale Round

• Time: May 18 10am UTC - May 19 10am UTC
• Price: 1 WISP = 0.05 SUI
• Unlock: 60% TGE unlock, 40% unlock as veWISP
• Qualification: Requires whitelist pass

Public Sale Round

• Time: May 19th 10am UTC - May 23rd 10am UTC
• Price: 1 WISP = 0.062 SUI
• Unlock: 60% TGE unlock, 40% as veWISP unlock
• Eligibility: Everyone can participate, with a maximum of 2500 SUI per wallet.

After the public round ends, the WISP Token Generation Event (TGE) will take place, with an initial price of 1 WISP = 0.07 SUI.

Meadow

Meadow is a launchpad and decentralized incubator on the Sui blockchain, providing various tools for innovators. It features a unique hierarchical system and insurance mechanism to guard against fraud and project failure risks.

public sale

• Time: May 19th 1pm UTC - May 22nd 1pm UTC
• Price: 1 MED = 0.11 SUI
• Hard Cap:795,970 SUI
• Total Supply: 7,000,000 MED( unsold portion will be destroyed )
• Unlock: 20% TGE unlock, the remaining 20% will be unlocked weekly, ( a total of 4 times )

Whitelist users can also receive additional Token rewards, which are distributed according to investment proportions.

Betta

Betta is a multi-chain NFT marketplace based on the Sui network, supporting the creation, listing, purchase, and sale of NFTs. In addition, Betta is developing P2P features that allow users to trade accounts, work, and other Web3 assets. The platform also supports random games such as lotteries and number guessing.

IDO details

• Time: May 26 14:00 UTC - May 27 14:00 UTC
• Platform: a certain trading platform
• Price: 1 BETTA = 0.0085 SUI
• Hard Cap:48,000 SUI
• Total supply: 6,000,000 BETTA( accounts for 6% of the total supply )
• Investment limit: 1-200 SUI
• Listing: May 28th 14:00 UTC 100% TGE allocation

After the TGE, BETTA will be listed on multiple DEXs, with an initial price of 1 BETTA = 0.009 SUI.

YouSUI

YouSUI is an integrated platform on the Sui blockchain, including a DEX, Launchpad, NFT marketplace, gaming social platform, and cross-chain bridge. It supports other public chain projects to enter the Sui ecosystem.

The first IDO Launchpad is scheduled for June 21, with specific details yet to be announced. Obtaining OG status allows for guaranteed allocation in the IDO, with a purchase price of 1 XUI = 0.25 USD.

Abyss World

Abyss World is a flagship open-world ARPG game invested by the Sui development team. The game offers various modes, including large-scale PVP battles, small-scale PVP battles, and PVE modes. Currently, the Steam wishlist bookings are close to 120,000, and the first public test is planned for next month.

The IDO of Abyss World will be conducted on a certain Launchpad platform, with the specific date yet to be determined. Currently, a pre-IDO invitation competition is being held, where participants have the chance to obtain whitelist qualifications and purchase discounts.