The blockchain world is back in full swing with a strategic collaboration between Sui Blockchain, a decentralized smart contract platform, and BytePlus, a subsidiary of ByteDance, the parent company of popular app TikTok. The partnership signals a significant step forward in exploring the potential of artificial intelligence (AI) and Web3 gaming on the Sui blockchain.
Towards a Better Web3
The collaboration was initiated by Mysten Labs, a web3 infrastructure company and lead developer of the Sui blockchain, alongside BytePlus, the tech giant behind the renowned social media platform.
The main focus of the partnership is to combine the expertise of both parties in developing advanced AI solutions for Web3 gaming platforms and SocialFi projects on the Sui blockchain.
"The integration of leading visual and AI recommendation algorithms into Sui marks an important leap forward to improve the user experience in Web3 gaming platforms and SocialFi projects," said Evan Cheng, Co-Founder and CEO of Mysten Labs, in an official press release.
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Harnessing the Power of AI
BytePlus, with its deep expertise in AI and data storage, will bring leading AI recommendation solutions and visual algorithms into the Sui ecosystem. It aims to deliver a more personalized and engaging user experience in Web3 games and SocialFi apps.
In addition, the partnership also includes the exploration of educational and community programs to strengthen the Sui ecosystem. Mysten Labs and BytePlus will work together to organize hackathons, workshops, and educational programs to increase understanding and adoption of Sui blockchain technology among developers and users.
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The Visionary Behind Sui Blockchain
Evan Cheng, the man behind this strategic partnership, has long experience in technology. He is the former principal architect of Meta's blockchain research team and has spent more than 24 years building developer-focused technologies. Cheng leads engineering teams at giant companies such as Apple and Facebook, bringing his expertise and vision into the development of Sui Blockchain.
The Important Role of SUI Tokeni
SUI Token, the native token of the Sui blockchain, plays an important role in securing the network and serves as a unit of account as well as payment within the ecosystem. The token has a total supply limited to ten billion and can be traded on various major centralized exchanges, such as Binance, Coinbase, KuCoin, Bybit, Kraken, and Bitfinex.
The Web3 gaming industry is stealing the show with a significant funding surge in 2024. In March, King River Capital, Immutable, and Polygon Labs teamed up to launch a $100 million gaming fund. In April, Andreessen Horowitz (a16z) announced a $30 million investment commitment to this year's gaming startup.
Kesimpulan
Kemitraan Sui Blockchain dan BytePlus, dengan fokus pada AI dan Web3 gaming, menjadi sinyal positif bagi masa depan industri blockchain. Perpaduan teknologi AI canggih dan potensi besar Web3 gaming diharapkan dapat mendorong inovasi dan membuka peluang baru di dunia digital yang terdesentralisasi.
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How to Buy Sui (SUI) on Bittime
You can buy and sell Sui (SUI) in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.
Sui (SUI) is available on Bittime with the SUI/IDR market pair. To be able to buy SUI IDR on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is IDR 10,000. After that, then you can make a crypto asset purchase in the application.
Learn the complete guide on how to buy Sui (SUI) on Bittime.
Monitor the price chart movements of Sui (SUI), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
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