Sui Chosen as a Foundational Partner for Groundbreaking Web3 Data Service as ZettaBlock Launches Open Beta

Sui Chosen as a Foundational Partner for Groundbreaking Web3 Data Service as ZettaBlock Launches Open Beta - Press Release - News

Grand Cayman, Cayman Islands, March 5th, 2024

Sui’s Integration with ZettaBlock: A Seamless Connection to a Powerful Web3 Data Platform for Builders

In an exciting development, Sui, the high-performance, infinitely scalable layer 1 blockchain that has rapidly gained popularity in the decentralized finance (DeFi) community, has been announced as one of the protocols to be integrated into ZettaBlock’s Open Beta launch. This integration will grant developers and builders effortless access to a vast array of high-quality data from over 12 blockchains, including Sui.

ZettaBlock: A Game Changer in Web3 Data Handling

Established in 2022, ZettaBlock is a cutting-edge data platform that represents a significant leap forward in Web3 data management. The full-stack, institutional-grade, unified platform offers rich on-chain data, both historical and real time, and enables users to integrate their essential private data sources. By eliminating the need for developers to deal with multiple data vendors, ZettaBlock presents them instead with a unified, scalable and adaptable data platform.

Simplifying Web3 Data Access for Developers

ZettaBlock’s platform is designed to be user-friendly, providing a comprehensive library of pre-built APIs that cover the most common use cases. This allows developers to build swiftly and offers them the flexibility to create custom APIs based on any business or dApp logic via SQL, generating one-click ready GraphQL endpoints with no infrastructure overhead.

Powering the Growth of Web3 Ecosystems

With partners like Sui, ZettaBlock is paving the way for interoperability and expanding Web3 use cases. By integrating with Sui, a leading layer 1 protocol, ZettaBlock will eliminate data and infrastructure challenges, enabling developers to focus on creating innovative and groundbreaking Web3 applications. With the help of Sui’s zkLogin and zkSend, this integration is expected to accelerate adoption from web2 and further propel the growth of the burgeoning Sui ecosystem.

Sui’s Impressive Growth in DeFi

Following a series of notable achievements, Sui has broken into the top ten of all chains by Total Value Locked (TVL) and attracted over $310 million in assets moving from ethereum to Sui in the last month, surpassing every other blockchain combined, according to Wormhole data.

A Powerful Partnership: Sui and ZettaBlock

“Being selected as a founding member of the ZettaBlock platform is a testament to the positive reception Sui and its ecosystem have received within the broader Web3 landscape,” said Greg Siourounis, Managing Director of the Sui Foundation. “Sui is thrilled to be a part of ZettaBlock’s efforts to bridge the gaps between Web3 ecosystems and enhance our ability to address realworld use cases.”

“We are thrilled to partner with Sui, a leading player in the industry with impressive underlying technology and proven reliability,” said Chi Zhang, Co-Founder and CEO of ZettaBlock. “ZettaBlock’s success is rooted in partnerships with the most dynamic blockchain ecosystems, and we are proud to integrate Sui as a founding partner, making it easy for developers to access this thriving ecosystem.”

With the Open Beta launch of ZettaBlock, builders, analysts, and businesses across web2 and Web3 are now able to leverage its powerful data solutions.

Conclusion

The integration of Sui into ZettaBlock’s Open Beta launch marks an essential milestone for both projects, as they work together to remove the silos separating Web3 ecosystems and pave the way for innovative solutions that address realworld use cases. With ZettaBlock’s platform simplifying data access for developers and Sui’s technology enabling faster adoption from web2, this partnership is expected to significantly contribute to the continued growth of both projects.