BytePlus collaborates with Mysten Labs to incorporate their recommendation systems and AR tech into the Sui blockchain, offering enhanced features.
BytePlus, a ByteDance affiliate, chose Sui due to its expertise in accommodating gaming and social platforms. Sui offers advantages like zero-knowledge verification for user identification and facilitated transactions that streamline user experience.
BytePlus provides a range of offerings such as content delivery networks, personalization techniques, user interaction features, and data processing. Starting now, these solutions are accessible to developers via the SUI platform, empowering them to build innovative applications.
With BytePlus, developers can create customized user experiences through BytePlus Recommend. This service offers a unique feature. On the other hand, BytePlus Effects is full of excitement with over 80,000 stickers and effects for video apps. When combined with Sui’s innovative approach to non-fungible tokens (NFTs), these services are expected to birth new social applications.
Stone-cold News: BytePlus, the business tech wing of ByteDance, owner of TikTok, is joining Sui!
— Sui (@SuiNetwork) April 17, 2024
After the partnership was made public, there was a significant surge in activity on the Sui blockchain. Based on CoinGecko’s data, SUI is currently valued at around $1.26, marking a 5.4% gain over the past day. The total market value of SUI now stands at approximately $1.63 billion.
If TikTok, the social media subsidiary of ByteDance, faces a ban from the US government, using a decentralized network to offer these services could be a viable alternative.
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2024-04-17 18:11