Sui Foundation Awards Grants to Innovative Web3 Projects

The
Sui
Foundation
has
revealed
the
latest
round
of
grant
recipients
for
the
months
of
May,
June,
and
July
2024.
These
grants
are
aimed
at
propelling
innovative
projects
that
are
set
to
accelerate
the
growth
and
integration
of
the
Sui
ecosystem,
according
to
the
Sui
Blog.

Wide
Range
of
Project
Domains

The
selected
projects
span
a
variety
of
domains,
showcasing
the
diverse
potential
of
the
Sui
network.
From
advanced
analytics
and
DeFi
solutions
to
luxury
digital
gifting
and
game
development
tools,
these
initiatives
highlight
the
versatility
and
broad
applicability
of
blockchain
technology.

Among
the
notable
projects
is

Belong.net,
which
revolutionizes
access
management
for
communities
and
events
by
leveraging
the
powerful
capabilities
and
scalability
of
Sui.
Their
product
offers
a
user-friendly
solution
for
hospitality,
event
venues,
and
organizers
to
utilize
NFTs
for
token-gating.

Sports,
Gaming,
and
Digital
Gifting

Gamifly
intersects
sports
and
gaming,
providing
fans
with
tournament-style
sports
games.
Their
futuristic
sci-fi
cricket-based
game,
Cricket
Fly,
has
already
garnered
over
one
million
users.

Gifted.art
transforms
luxury
digital
gifting
by
providing
beautiful
gifting
experiences
for
art
and
tokens.
Their
tools
improve
user
experience
through
features
like
sponsored
transactions
and
account
abstraction
methods.
NFT
gift
boxes
can
hold
various
assets
and
utilize
zkLogin
for
easy
onboarding
of
non-crypto
users.

Data
Infrastructure
and
Prediction
Markets

Goldsky,
a
high-performance
Web3
data
infrastructure
company,
supports
app
and
analytics
indexing
needs.
It
offers
real-time
data
pipelines
for
on-chain
events,
catering
to
explorers,
DEXes,
and
high-frequency
trading
applications
that
require
low
latency
and
complex
data
sets.

Pandora
Finance
introduces
a
decentralized
prediction
market
on
Sui,
allowing
users
to
make
predictions
on
token
prices,
future
events,
and
commodities.

Open-Source
Projects
and
Development
Tools

Polymedia
offers
a
cluster
of
17
open-source
projects
built
on
Sui,
aiding
developers
with
unique
features
and
capabilities
of
the
network,
fostering
a
collaborative
community.

Thirdwave
Labs
integrates
StreamingFast
to
provide
Web3
projects
with
essential
analytics
and
insights.
By
offering
necessary
infrastructure
and
tools,
Thirdwave
Labs
helps
projects
connect
with
their
communities,
games,
and
other
interests.

Thaw
Digital
is
developing
a
Price
Lock
feature
for
Tradeport,
enabling
the
long
and
short
trading
of
NFTs
through
options
contracts,
enhancing
trading
flexibility.

THORwallet
is
a
non-custodial
DeFi
wallet
that
enables
cross-chain
swaps,
DeFi
savings
accounts,
and
offers
a
non-custodial
VISA
card,
making
DeFi
accessible
to
the
masses.

Var
Meta
is
developing
a
Rust
SDK
for
Sui’s
GameFi
ecosystem,
offering
seamless
integration
and
robust
performance
for
Unity
and
Unreal
Engine
developers.

Enhancing
Transparency

Verichains
enhances
transparency
within
the
Sui
ecosystem
with
its
Sui
Move
Decompiler,
which
decompiles
Move
bytecode
into
readable
source
code,
reducing
uncertainty
when
interacting
with
Sui
smart
contracts.

Future
Grant
Applications

The
Sui
Foundation
is
committed
to
supporting
these
unique
projects
through
its
grant
program,
each
contributing
to
the
growth
and
enhancement
of
the
Sui
ecosystem.
The
foundation
encourages
all
projects
that
provide
long-term
utility
and
foster
community
growth
to
apply
for
future
grants.
For
more
information
on
the
application
process,
visit
the

Sui
Grants
Hub.

Note:
This
content
is
for
general
educational
and
informational
purposes
only
and
should
not
be
construed
or
relied
upon
as
an
endorsement
or
recommendation
to
buy,
sell,
or
hold
any
asset,
investment,
or
financial
product
and
does
not
constitute
financial,
legal,
or
tax
advice.

Image
source:
Shutterstock