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TikTok parent company explores on-chain possibilities for Web3 gaming and AI

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BytePlus is exploring on-chain capabilities with a new partnership with Mysten Labs to leverage the capabilities of the Sui blockchain network.

BytePlus is partnering with Mysten Labs to integrate advanced AI algorithms and data warehousing technology into the Sui blockchain ecosystem.

In a statement on April 17, BytePlus explained how it plans to use its existing knowledge and experience in artificial intelligence and data warehousing to empower the Sui ecosystem, with a particular focus on Web3 gaming and SocialFi projects. According to the announcement, a BytePlus integration could potentially boost Sui’s analytics capabilities by enabling infinite scalability and real-time data processing.

Evan Cheng, the co-founder and CEO of Mysten Labs, said the partnership could “revolutionize” data analytics in the Web3 sphere.

 

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