Sui Basecamp Celebrates Layer 1's Global Impact at Inaugural Conference in Paris

Over 1,000 attendees from 65 countries joined Sui's inaugural global conference, Sui Basecamp, held during Paris Blockchain Week. The event showcased Sui's exceptional performance, with industry-leading speed and scalability, and highlighted the growth of its ecosystem. Major announcements included SuiPlay0x1, the world's first Web3 gaming device; FDUSD, the first native dollar-backed stablecoin on Sui; and Enoki, a suite of Web3 utilities for enterprises. Speakers from various industries emphasized Sui's potential as a platform for transformative decentralized applications.

Sui Basecamp Celebrates Layer 1's Global Impact with Inaugural Conference

Grand Cayman, Cayman Islands - The Sui Foundation hosted Sui Basecamp, the inaugural global conference for the Layer 1 blockchain, in Paris during the esteemed Paris Blockchain Week. Gathering over 1,000 attendees from 65 countries, the two-day event showcased Sui's rapidly expanding ecosystem and its transformative potential for decentralized applications.

A Platform for Global Collaboration

Attendees witnessed the flourishing global community of Sui projects, partners, investors, and enthusiasts. Developers and builders from myriad industries, spanning payments, gaming, e-commerce, and major league sports, engaged in insightful discussions and shared their experiences leveraging Sui's groundbreaking technology.

Major Announcements Shape the Future

Sui Basecamp marked a transformative milestone for the network, highlighted by three significant announcements.

• SuiPlay0x1: A Gaming Revolution

In partnership with Playtron, Sui unveiled the SuiPlay0x1, the world's first lightweight handheld gaming device designed with native Web3 capabilities. This innovation promises to unlock new horizons in gaming, empowering developers to create immersive experiences seamlessly integrated with blockchain technology.

• FDUSD Stablecoin Fuels DeFi Ecosystem

First Digital Labs announced the introduction of FDUSD, the fastest-growing stablecoin in crypto, as the first native dollar-backed stablecoin on Sui. This integration bolsters Sui's DeFi ecosystem, already recognized as the industry's fastest-growing, providing developers with a reliable and secure foundation for financial applications.

• Enoki: Web3 Empowerment for Enterprises

Sui introduced Enoki, a comprehensive suite of Web3 utilities designed to simplify the integration of decentralized solutions into enterprise applications, products, and services. Enoki empowers businesses to leverage blockchain technology without the complexities typically associated with Web3 development.

Exceptional Performance and Innovation

Evan Cheng, Co-founder and CEO of Mysten Labs, the originator of the Sui Network, lauded the exceptional performance of Sui. "Sui's unmatched scalability, lightning-fast execution speed, and remarkable transaction volume have solidified its position as a revolutionary platform for decentralized applications," he affirmed.

Sui's industry-leading performance stems from its novel architecture and its commitment to continuous innovation. The conference unveiled Mysticeti, a technological advancement that significantly reduces Sui's time to finality, and Pilotfish, a breakthrough that enables virtually limitless horizontal scaling by validators.

A Global Phenomenon

Sui's rapid ascent has garnered widespread recognition. Within four months of its mainnet launch, Sui surpassed any existing blockchain's daily transaction volume, achieving a record while maintaining low and stable fees. Additionally, Sui has operated with zero downtime for almost a year, demonstrating its stability and reliability.

Community and Foundation Commitment

Greg Siourounis, Managing Director of the Sui Foundation, emphasized the community's unwavering belief in Sui's transformative potential. "Sui Basecamp has showcased the passion and enthusiasm driving our vibrant ecosystem," he said.

The Sui Foundation remains steadfast in its commitment to fostering ecosystem growth and user adoption. "We will continue to invest in expanding the Sui ecosystem and empowering builders, developers, and investors to leverage our technology to solve real-world challenges," Siourounis added.

A Glimpse into the Future

Attendees left Sui Basecamp with a profound understanding of Sui's transformative potential and its ability to empower developers to create innovative decentralized applications. The network's cutting-edge technology, coupled with its dedicated community, positions Sui as a force to shape the future of blockchain.