Sui is a high-performance Layer-1 blockchain designed for rapid smart contract execution, utilizing the SUI token for network gas fees, staking, and governance.
In April 2023, Sui purportedly conducted an unverified ecosystem rumor public IEO on the BitForex Turbo Starter platform. Although unverified ecosystem trackers reported a $50,000 raise for 500,000 SUI tokens at $0.10 per token, the primary source status is marked as FAILED_TO_LOAD, meaning official programmatic verification of these exact figures is unavailable due to the exchange platform going offline. As noted in historical platform analyses, this specific allocation reportedly featured a 100% unlock at the May 2023 Token Generation Event, separating it from the vesting schedules seen in concurrent mainstream public sales.
100% Unlock at TGE
To participate in the Sui IEO on the BitForex Turbo Starter launchpad, users were required to hold an active and verified account on the BitForex exchange prior to the sale window. Participants needed to complete advanced KYC verification and fund their exchange wallets with the supported pairing asset to place a bid during the subscription period.
The allocation was limited to a highly constrained pool, with tokens distributed directly to winning participants' exchange wallets. According to unverified ecosystem trackers, this allocation featured a 100% unlock at the Token Generation Event, allowing immediate trading access upon the token's listing.
Register an account on the BitForex exchange platform.
Complete the required advanced KYC verification process.
Navigate to the BitForex Turbo Starter launchpad portal.
Fund your spot wallet with the required subscription asset.
Submit your allocation bid during the official IEO window.