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Sui is a high-performance Layer-1 blockchain designed to offer low-latency, scalable decentralized applications. Its native token, SUI, is utilized to pay for gas fees, secure the network through validator staking, and participate in critical on-chain governance decisions.
In April 2023, Sui conducted a highly anticipated Recognition Sale on the Bybit ByStarter platform, exclusively targeting whitelisted early community supporters. The event successfully secured a $2.82 million investment through the distribution of 94,000,000 SUI tokens at a fixed price of $0.03 per token. Individual allocations were strictly capped between a minimum of $10 and a maximum of $45, heavily rewarding early ecosystem contributors - including 'Suinami' Discord role holders and Capy Holidays contest winners.
CoinLaunch Score:
Last update:
High
04 Aug 2026
Sui - IEO Round on Bybit Overview
start date:
18 Apr 2023
end date:
24 Apr 2023
price:
$0.03
tokens for sale:
94,000,000
Raise:
$2,820,000
Min. Buy:
$10
Max. Buy:
$45
Industry:
Blockchain Infrastructure
Lock-up:
Launchpad
100% Unlock at TGE
Bybit Launchpad
How to join Sui - IEO Round on Bybit?
To participate in the Sui Recognition Sale on Bybit ByStarter, users were required to meet strict whitelist eligibility criteria based on early ecosystem contributions. Only individuals who held the 'Suinami' Discord role before February 1, 2023, or won specific ecosystem contests like Capy Holidays, were granted access. Eligible participants also had to complete Level 2 identity verification on the exchange platform prior to the event.
Once verified, participants could enter the ByStarter subscription period by committing funds. The sale allowed a minimum purchase of $10 and a maximum of $45, equating to exactly 1,500 SUI tokens per winning user. An additional incentive of a 100,000 USDT prize pool was also distributed to users who actively deposited or traded during the launch event.
Step-by-step Guide
Confirm your whitelist eligibility via the verification tool using your early Discord or contest credentials.
Register a new account or log into the Bybit platform.
Complete the required Level 2 identity verification (KYC) before the event begins.
Navigate to the ByStarter portal and commit between $10 and $45 equivalent during the active subscription period.
Wait for the allocation results announcement to receive your 100% unlocked SUI tokens at the Mainnet Token Generation Event.
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