BytePlus, affiliated with the developer of the TikTok app, ByteDance, makes its first move into the blockchain world with Sui.
According to the announcement by Sui Foundation, BytePlus has chosen the Sui blockchain for the services it will offer in the gaming and social application fields.
BytePlus provides various services such as content distribution network, personalization solutions, and user interaction tools.
Among the services offered by the company are BytePlus Recommend, which allows the development of personalized applications, and BytePlus Effects, which hosts 80,000 ready-to-use effects for video applications.
Sui Foundation stated, “When combined with Sui’s unique NFT technology, this service can empower groundbreaking new social applications.”
Following the announcement, the price of SUI quickly rose from $1.17 to $1.26.
