Sui Network to Issue Token Following Exchange Sale; Airdrop Hunters Dismayed

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Sui Network to Issue Token Following Exchange Sale; Airdrop Hunters Dismayed
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The SuiNetwork token (SUI) will be issued on exchanges after the mainnet goes live two days prior. Airdrop hunters expressed their disappointment after Sui opted for a token sale as opposed to an airdrop. Reporting by oknightcrypto.

The highly-anticipated release of the SUI token, the native token of layer1 blockchain Sui, will take place once the mainnet goes live on May 3 followingEach exchange offered 225 million tokens with a maximum allocation of 10,000 per user. Tokens were sold for $0.10 each and U.S. residents were forbidden from taking part.

Sui's blockchain was created by former Meta employees using a programming language called Move, which is also the language behind the Aptos blockchain.were also involved in Meta's failed attempt at issuing a stablecoin called Diem. Unlike Sui, Aptos issued its token in the form of an airdrop to users that interacted with a variety of testnets.after token distribution plans were released.

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