Sui Foundation

Sui Foundation

Web3 platform for creating digital assets

About Sui Foundation

Simplify's Rating
Why Sui Foundation is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Crypto & Web3

Company Size

51-200

Company Stage

Early VC

Total Funding

$8.6M

Headquarters

San Francisco, California

Founded

2022

Overview

Sui is a web3 development platform that enables the creation and management of digital assets, similar to in-game items. Its system allows users to develop on-chain assets that are dynamic and composable, providing a secure environment for smart contract development. Sui's unique object-centric data model allows digital assets and their attributes to exist on-chain independently of smart contracts, which enhances flexibility. The platform also features horizontal scaling and parallel processing, ensuring that transaction fees remain low and stable, even during high demand. Additionally, Sui offers strong security measures to protect asset ownership, ensuring that only the rightful owners can use their assets. The platform is already being utilized by various projects, and Sui encourages developers to participate in their Global Builder House Tour to learn more about the projects being built on their platform.

Simplify Jobs

Simplify's Take

What believers are saying

  • Integration with Venly enhances Web3 gaming tools, attracting more developers to Sui.
  • Partnership with Blockaid boosts ecosystem security, increasing user confidence and platform adoption.
  • Collaboration with World Liberty Financial expands Sui's presence in the DeFi sector.

What critics are saying

  • Sui's price volatility may undermine investor confidence and market stability.
  • Partnership with World Liberty Finance hasn't resulted in a validated breakout, causing skepticism.
  • Novel gaming model with M10 may face challenges if it doesn't meet market expectations.

What makes Sui Foundation unique

  • Sui's object-centric data model allows assets to live on-chain, outside smart contracts.
  • Horizontal scaling and parallel processing keep Sui's transaction fees low and steady.
  • Sui provides high security guarantees, ensuring assets are only used by their owners.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$8.6M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Remote Work Options

Flexible Work Hours

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-7%

2 year growth

-4%
CoinsProbe
Mar 30th, 2025
Sui Reaches $5.57B DeFi Volume, Polkadot Surpasses 50 Parachains - BlockDAG's Keynote 3 Maps the Future

Sui introduced a parallel transaction model, while Polkadot reimagined multichain interactions.

CoinsProbe
Mar 29th, 2025
BlockDAG's Keynote 3 Sparks Excitement with Major Developments & $209M Presale - Sui Hits $5.57B in DeFi, DOT Adds 50+ Parachains

Since its launch in May 2023 by ex-Meta engineers, Sui has introduced a Layer 1 blockchain that prioritizes speed and scalability.

CCN
Mar 14th, 2025
SUI Price Drops Below Head and Shoulders Pattern - Breakdown to $1 Possible

Sui's (SUI) price could be on the verge of undergoing another decline despite losing a major part of its value since January.

ChainCatcher
Mar 12th, 2025
Web3 game developer M10 completes $3 million seed round financing, with participation from Sui Foundation and others

Web3 game developer M10 completes $3 million seed round financing, with participation from Sui Foundation and others.

Diffcoin
Mar 12th, 2025
Sui Foundation onboards Blockaid to enhance ecosystem security

Blockaid has announced a partnership with the Sui Foundation to enhance the Sui ecosystem's security.

Recently Posted Jobs

Sign up to get curated job recommendations

Finance Associate

Austin, TX, USA + 5 more

Ecosystem Development Manager

New York, NY, USA

Ecosystem Development Lead

Remote in USA + 1 more

See All Jobs

Sui Foundation is Hiring for 3 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Sui Foundation's jobs every few hours, so check again soon! Browse all jobs →

People Also Viewed

Discover companies similar to Sui Foundation

Mysten Labs

Mysten Labs

San Francisco, California

Sei Labs

Sei Labs

San Francisco, California

Sisu

Sisu

San Francisco, California

Ecosystem Development Manager

New York, NY, USA

Ecosystem Development Lead

Remote in USA + 1 more

See All Jobs

Sui Foundation is Hiring for 3 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Sui Foundation's jobs every few hours, so check again soon! Browse all jobs →

People Also Viewed

Discover companies similar to Sui Foundation

Mysten Labs

Mysten Labs

San Francisco, California

Sei Labs

Sei Labs

San Francisco, California

Sisu

Sisu

San Francisco, California