Mysten Labs founder Adeniyi Abiodun stated in a tweet that there is no airdrop plan for altcoin SUI and never will be.
No Airdrop Plan Announced For Altcoin SUI Token
The Sui Foundation has also repeatedly stated that there are no official plans for the airdrop and that community members can only obtain SUI through the community access plan.
Stop spreading nonsense. There is NO Sui Airdrop. Not planned or ever will be.
— Adeniyi Abiodun #SUI 🌊 (@EmanAbio) April 9, 2023
SUI is the native token of Mysten Labs, a blockchain company that aims to develop secure and scalable blockchain infrastructure.
The token is used to facilitate transactions on the Mysten network and reward participants who contribute to the growth of the network.
Airdrops are a common marketing strategy in the crypto industry, where tokens are distributed free of charge to community members to raise awareness and attract new users.
However, Abiodun believes that airdrops can hurt a project's long-term success as they attract people who are only interested in short-term gains and do not contribute to the growth of the network.
Instead, Mysten Labs focuses on building a strong community of developers and users committed to the success of the network.
The company recently launched its community access scheme, which allows developers to earn SUI tokens by contributing to the development of the network's infrastructure and tools.
Launching the community outreach plan is part of Mysten Labs' strategy to build a sustainable and self-sufficient ecosystem. The company aims to create a network based on the value it provides to its users, not on external financing or speculation.
Overall, Abiodun's comments about the lack of an airdrop plan for SUI reflect the company's commitment to building a sustainable and community-driven network.
Mysten Labs hopes to build a blockchain infrastructure that is both secure and scalable by focusing on long-term growth and the development of a strong user base.
*Not investment advice.
