Outlook on the Token Issuance Potential of Sui Ecosystem Projects

Since the launch of the Sui Network mainnet, ecological projects have emerged like mushrooms after rain, with some having completed their initial token distribution. Recently, a certain DEX project's IDO attracted 108 million SUI participants, exceeding the funding target by 1350%. Another Launchpad platform's public round sold out in 55 seconds, and the tokens have been listed on multiple exchanges. These success stories highlight the market's keen interest in the Sui ecosystem. This article will explore several Sui Network ecological projects that are about to conduct IDOs, providing readers with insights into potential investment opportunities.

WispSwap

WispSwap is a decentralized exchange and DeFi platform on the Sui blockchain, offering a diverse range 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 development, smart contract auditing, and initial liquidity increase.

IDO Details:

Whitelist Pre-sale Round:

• Time: May 18th 10:00 UTC to May 19th 10:00 UTC
• Price: 1 WISP = 0.05 SUI
• Unlocking: 60% TGE unlocking, 40% unlocking as veWISP
• Eligibility: Whitelist pass required, early contributors and active users will be prioritized.

Public Sale Round:

• Time: May 19 10:00 UTC to May 23 10:00 UTC
• Price: 1 WISP = 0.062 SUI
• Unlocking: 60% TGE unlock, 40% unlocks as veWISP
• Eligibility: Everyone can participate, with a single wallet limit of 2500 SUI

After the TGE, the WISP Token will be listed on its DEX and major exchanges at an initial price of 1 WISP = 0.07 SUI.

Meadow

Meadow is a decentralized incubator on the Sui blockchain, providing tool support for blockchain innovators, with a particular focus on gaming projects. The platform features a unique tiered system and insurance mechanism to protect investors and project owners.

Public Sale:

• Time: May 19 13:00 UTC to May 22 13:00 UTC
• Price: 1 MED = 0.11 SUI
• Hard cap: 795,970 SUI
• Sales Volume: 7,000,000 MED (unsold will be destroyed)
• Unlock: 20% TGE unlock, remaining 20% unlocked weekly.

Whitelist Bonus Pool: Public sale is ongoing, whitelist members who purchase above a certain amount can receive additional rewards, distributed according to investment proportion.

Betta

Betta is a multi-chain NFT marketplace based on the Sui network, supporting basic NFT functionalities and no-code collection creation. The platform also develops P2P features, allowing users to trade accounts, jobs, and Web3 opportunities, and supports random games on the Sui network.

IDO Details:

• Time: May 26 14:00 UTC to May 27 14:00 UTC
• Platform: Bayswap
• Price: 1 BETTA = 0.0085 SUI (Foundation members 0.008 SUI)
• Hard Cap: 48,000 SUI
• Sales quantity: 6,000,000 BETTA (6% of total supply)
• Investment limit: 1-200 SUI
• Transaction date: May 28, 14:00 UTC, 100% TGE unlocked

After the TGE, BETTA will be listed on multiple DEXs with an initial price of 1 BETTA = 0.009 SUI. The centralized exchange listing is planned for 3-6 months later.

YouSUI

YouSUI is an integrated platform on the Sui blockchain, including DEX, Launchpad, NFT marketplace, games, DeFi, a social platform for metaverse projects, and cross-chain bridges. The platform is collaborating with multiple game development partners to support other public chain projects entering the Sui ecosystem.

The first IDO Launchpad is scheduled for June 21, and XUI Token can be used for Launchpad, DEX trading fee discounts, and NFT collections. Specific IDO information has not yet been announced, but OG identity holders will receive guaranteed allocations, with a purchase price of 1 XUI = 0.25 USD.

Abyss World

Abyss World is a flagship open-world AAA ARPG game funded by Mysten Labs. The game will offer multiple modes, including large-scale PVP battles, small-scale PVP battles, and PVE modes. The game is currently still in development, listed on Steam, with global reservations nearing 120,000, and is expected to have its first public test next month.

The IDO of Abyss World will be conducted on SuiPad, with the specific date yet to be announced. The project has launched an IDO preheat invitation competition, where participants have the chance to obtain whitelist qualifications and purchase discounts.

These upcoming IDO Sui ecosystem projects showcase a variety of application scenarios and innovative concepts, reflecting the development potential of the Sui network. Investors can prudently assess these potential opportunities based on personal judgment and risk tolerance.