- The Sui project could potentially airdrop the SUI token soon. The platform is being developed by former Meta employees.
- Sui is a layer-1 permissionless blockchain that focuses on scalability. It wants to help creators and developers build experiences for Web3.
- Users will have to follow a series of steps to ensure that they are eligible for the SUI airdrop.
A new project is about to conduct an airdrop, and news of its development and the airdrop itself is causing waves in the crypto market. The Sui project, which is building a layer-1, Proof-of-Stake blockchain, has been in the testnet phase since August, and will be launching soon.
Sui calls itself the “first permissionless Layer 1 blockchain designed from the ground up” with the goal of aiding creators and developers in building experiences for Web3. It claims to offer unrivaled speed at a low cost.
The platform’s native token is SUI, which is used to pay for gas fees and is also used as a delegated stake on validators within an epoch. Sui describes its most salient feature as being the enabling of parallel agreement, which establishes much greater stability.
Interestingly, the project is being developed by employees who formerly worked at Meta. Another project called Aptos is also being developed by former Meta employees and has been in the news — though not for the best reasons. Both projects are being developed using the Move programming language.
Sui is expected to host its airdrop in the coming weeks or months. Updates will be offered on the project’s social media handles and should arrive as the mainnet launch gets closer.
How To Be Eligible for the Potential SUI Airdrop
It’s fairly simple to make yourself eligible for the SUI airdrop. Many are keen on doing so because they missed the Aptos airdrop.
The first step you’ll need to take is to create a Sui Wallet. For this, you’ll have to download the wallet and then create one. After that, you’ll have to create testnet tokens. To do this, join the Discord server and then to the devnet-faucet channel, and type “!faucet” (without the quotes) and your wallet address.
Next, you’ll have to mint an NFT. Go to the testnet wallet, head to the Apps tab, and click Mint an NFT. After this, you’ll have to interact with DApps, so go to the testnet wallet, head to the apps tab, click the “Got Beef” DApp, and create a bet.
Lastly, you’ll have to execute a transaction between two wallets. So create another wallet and send testnet tokens between your two SUI wallets. Now you should hopefully be eligible for the SUI airdrop.