FireStarter is Expanding to the Sui Blockchain

We’re excited to announce that FireStarter is expanding to the Sui blockchain. This expansion is expected to launch new projects on Sui.

Our goal is to catalyze a range of possible use cases in various industries like Gaming, NFTs, and DeFi, simplifying the creation of various applications in the Web3 ecosystem.

Supporting projects on Sui will allow our users to gain early access to promising and innovative Web3 projects before they hit the mainstream.

“We decided to expand to the Sui network as we see the potential in its excellent infrastructure, which only provides advantages in implementing innovative project ideas and launching a series of IMOs and IGOs in the near future.” — Parul Gujral, Advisor at FireStarter

Why Sui?

Let’s discover why we choose Sui and introduce it to the FireStarter community.

• Sui, created by the developer team that led Meta’s shuttered Diem crypto project, has seen a rapid growth in DeFi activity recently.
• Sui leverages the unique features of Move, which is why it offers comparatively high scalability and dynamic smart contracts for a plethora of functions.
• Sui is committed to promoting the security, interoperability and sustainable development of digital assets.
• The network’s total value locked (TVL), a key DeFi metric showing the combined worth of assets on a protocol or blockchain, has mushroomed to around $700 million from $100 million six months ago, DefiLlama data shows.
• Sui is revolutionizing such industries as Gaming, DeFi, decentralized social networks and expanding the realm of digital collectibles and creative possibilities.
• Sui boasts versatility, offering diverse experiences from digital fashion to immersive gaming, and a variety of features to serve as a fast blockchain that can handle extra traffic.
• You can see a lot of excitement around Sui and its DApps ecosystem, which prioritizes scalability for DApps.
• Sui’s top projects include Cetus, a one-stop DeFi project, leading lending projects NAVI Protocol and Scallop Lend, these three swordsmen account for 50% of the TVL in the Sui ecosystem.
• Despite its recent arrival on the scene, SUI is already one of the top 100 cryptos by market cap: $1,958,259,925

About FireStarter

FireStarter, a prominent Web3 project incubator and launchpad, supports GameFi, AI, RWA, NFT, and Metaverse projects. It grants early access to pre-sales, nurturing initiatives that help projects gain momentum and thrive in the fast-paced Web3 landscape.

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