Adeniyi Abiodun is the CPO of Mysten Labs, the core developer and contributor to Sui Network (SUI), a top-level blockchain. In a recent interview, Abiodun revealed the world’s “largest consumer platform” is coming to crypto this year, talking about adoption.
The interview was hosted by DBCrypto, aired on January 30 on YouTube, discussing how Sui blockchain is growing. On that note, Mysten Labs’s CPO explained that Sui is a “base layer that gives interoperability at the API levels.”
To illustrate this vision, Abiodun explained that, with Sui, people can “atomically transact through APIs,” mentioning Airbnb and other known APIs that have some sort of transaction mechanisms.
Crypto and Sui path to adoption this year: ‘Largest consumer platform is coming’
Then, DBCrypto asked the executive, “how do we get to the Aribnbs and other companies,” tracing crypto’s path for adoption. In which Adeniyi Abiodun revealed an upcoming milestone for the crypto industry and Sui, specifically.
“This year Sui will experience the largest consumer platform coming to Sui, coming to crypto, in the world. That’s going to happen this year. I can’t say much about it, but this is the kind of thing we are talking about.”
– Adeniyi Abiodun
Exploring further, the executive believes gaming is the best way to showcase the amazing technology blockchain has. In his words, gaming people already “has notions” of digital ownership, trading, and other blockchain-powered operations, done more efficiently here.
Additionally, Abiodun also revealed that Mysten Labs is working with game studios to build fun games based on the Sui Network – instead of building liquidity-extractive games, as happened in the previous cycle.
“The way the games have been offered to the market so far (…) doesn’t add to the gaming experience. It’s just another way to charge rent. But we’re working with a number of top studios that are building fun games. Leveraging this as a base layer to enable interoperability of assets, marketplaces, offer products and services in new interesting ways, build new rewards and loyalty systems that are not encumbered, or you know closed loop systems to a large extent.”
– Adeniyi Abiodun
Notably, the Avalanche (AVAX)-based game “Off the Grid” recently got mainstream gaming recognition, as Finbold reported, validating this vision.
Off The Grid “Most Popular Free-to-Play” game on Epic Games Store. Source: Off The Grid
Sui Network (SUI) price analysis and growth
As of this writing, SUI is trading at $4.23, up 200% from launch to date, in nearly two years. However, more than the price increase, the Sui Network as seen one of the most impressive and fast growths in the crypto industry from an ecosystem and adoption perspective.
The crypto industry quickly adopted and implemented Sui into their services, with big names like Circle and Phantom showing support.
Sui Network (SUI) 1D price chart. Source: TradingView / Finbold
As things develop, the higher adoption level Sui Network can achieve, the higher potential demand it can attract for its native token, SUI. Bringing the world’s “largest consumer platform” this year will definitely set a relevant milestone in this journey, likely bringing a positive outcome for the whole crypto market.
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