Sui Coin was officially launched on April 23, 2023. This date marked the initial availability and release of the Sui token to the public.
Following the initial token launch, the Sui blockchain's mainnet, which is the fully operational and live network, went live on May 3, 2023. These two dates represent significant, yet distinct, milestones in the rollout of the Sui ecosystem.
Key Sui Launch Dates
To clarify the timeline, here are the key launch dates for Sui:
| Event | Date |
|---|---|
| Sui Coin Launch | April 23, 2023 |
| Sui Mainnet Launch | May 3, 2023 |
Understanding Sui's Dual Launch
The distinction between a "coin launch" and a "mainnet launch" is common within the cryptocurrency industry and is important for understanding a project's development phases:
- Sui Coin Launch (April 23, 2023): This refers to the moment the Sui token (SUI) became available for public acquisition, often through initial sales, exchanges, or distribution events. It means the token exists and can be traded or held.
- Sui Mainnet Launch (May 3, 2023): This is a crucial technical milestone. It signifies the successful deployment of the core Sui blockchain network. Once the mainnet is live, the blockchain is fully operational, allowing users to send transactions, deploy smart contracts, and build decentralized applications (dApps) on the network. The mainnet is the backbone that gives the Sui token its utility.
In essence, the coin launch made the token accessible, while the mainnet launch provided the robust infrastructure on which the token operates and gains its functional value.
