Hello everyone, when the secondary market is weak, pay more attention to high-quality projects. Be more ambushed. Only in this way can you avoid the wild and rely on the sea. Today's issue is a project (Suister) based on an IDO in Sui Ecosystem $SUI
1: Follow the madman to understand what the Suister project is about?
Suister is a decentralized launch platform based on the Sui ecosystem, which integrates the Internet social graph and on-chain asset data to provide multiple functions such as identification, rating, and adaptation. In this way, investors can obtain comprehensive project information and make more informed investment decisions.
2: Advantages of the Suister Project
1. Informative Launchpad Application: The IDO application form will lay out everything – competitive pricing, application timeline, defined schedule and documents.
2. Equal opportunities for IDO investment: We provide healthy opportunities for both private and public sale investors by limiting the investment cap. It allows buying IDO tokens in a fair manner.
3. Optimistic Growth: The limited number of IDO tokens allocated to individuals and the calculated lock-up period will help control the supply of tokens on the market and protect investors' long-term investments.
4. Guaranteed distribution to all participants: The hallmark of Suister is a three-wheel system that ensures guaranteed
Token distribution.
5. Reward all Suister token holders: Suister has found a solution to incentivize and reward all token holders in a way that is inclusive and has a low barrier to entry.
6. Easy Token Sale: Advanced IDO tokens help participants save time and respect their contributions, it is too close to automation. 7. Customer Support: We believe that excellent customer service is what makes a business shine. Simplified support with defined time scales. We provide 24*7 service through chat and online ticketing system.
8. Competitive platform fees: Fees for IDO launchpad, swap, lottery, and other competitive activities will remain reasonable and appropriate.
9. Investment security: The amount raised by IDO will be released to the project according to milestones to ensure that all users’ funds are safe and will not be abused.
3: Financing situation On January 31, Suister announced the completion of a $5 million financing, led by OKX Ventures, dao 5 and Hashed, three first-tier cryptocurrency funds, and participated by Mysten Labs, Comma 3 Ventures, Mechanism Capital, GeekCartel Capital, Nomad Capital, Coin 98 Ventures, Cetus Protocol, Maverick, Viabtc, Assembly Partners, Gate.io, Hailstone Labs, Benqi, LBank Labs, etc. DWF raised 5 million for strategic guidance!
4: Token Economy
Project Name: Suister
Token Code: SUT
Total Tokens: 100 million
Token Allocation and Lock-up Period
10% seed round + IDO; locked for 6 months, 20% released for the first time, and then released linearly every month
12% for start-up teams - 24-month lock-up period, followed by a linear release of 10% per month;
10% airdrop 18% liquidity - provide liquidity for the early stage of the project;
30% Ecological Development Fund - 12-month lock-up period, after which 10% will be linearly released every month;
·20%Dao Treasury-12 months lock-up period!
Opinion: With the outbreak of SUI, the ecosystem is basically flourishing in this bull market! Suister is the first IDO platform of the SUI ecosystem. It has obtained strategic investment from the official OKX DWF organization of SUI. There will definitely be a wave of benefit effects when it goes online in this wave of market. There are great opportunities in the primary market, especially those awesome projects invested by top capital. Everyone can focus on them, but risks also exist. In 2019, dot's private placement was sold everywhere in the market and no one participated. I also bought some at a price of 0.25 on the recommendation of a friend (I sold them one after another from 15U in 2021). Including the best one this year is ONDO, which was Daxin who participated in the platform at the time, and got some from the off-site, the cost was about 0.07, and now it has gained more than ten times.#sui/usdt #Suister
