Grand Cayman, Cayman Islands, April 18th, 2024, Chainwire
The annual event is a culmination of Sui’s exceptional debut
Over 1,000 projects, partners, investors, and enthusiasts from 65 countries around the world gathered last week in Paris to celebrate Sui at the vaunted Layer 1’s inaugural global Sui Basecamp conference.
At its first-ever annual event held during Paris Blockchain Week, Sui was feted by developers and builders from around the world during a two-day event. Speakers at Sui Basecamp spanned all aspects of the industry from payments to gaming to e-commerce to major league sports, offering commentary in keynotes, panels, and fireside chats.
The event was punctuated by three major announcements. In partnership with Playtron, the Sui team announced the SuiPlay0x1, the world’s first lightweight handheld gaming device designed with native Web3 capabilities, and promising new gaming experiences. Additionally, First Digital Labs, joined an announcement that FDUSD, the fastest-growing stablecoin in crypto, will be the first native dollar-backed stablecoin on Sui, a boon to Sui’s DeFi ecosystem, which is already the fastest-growing in the industry. Finally, Sui announced Enoki, a suite of Web3 utilities that will make it very simple for enterprises to leverage decentralized solutions inside their applications, products and services.
Sui Basecamp attendees from 65 countries had the opportunity to meet each other face-to-face.
“In building Sui, we began with a blank canvas, aiming to create the preeminent platform for decentralized applications without the structural limitations we saw in other blockchains,” said Evan Cheng, Co-founder and CEO of Mysten Labs, originator of the Sui Network. “Less than a year after launching Sui’s mainnet, the remarkable strength of Sui’s performance has confirmed the approach. From nearly limitless horizontal scalability to industry leading speed of execution to achieving the most transactions in a single day of any blockchain ever, Sui’s performance has been exceptional and the network has only scratched the surface.”
The industry veterans who founded Sui launched its mainnet nearly a year ago to great expectations, and the network has performed exceptionally well. Rather than cloning an existing network, the Sui team started from scratch to build an entirely new infrastructure…