TikTok owner ByteDance's tech arm collaborating with Sui builders on web3 gaming, socialFi
Quick Take
- BytePlus, the venture technology arm of TikTok parent company ByteDance is partnering with Mysten Labs, the builder on layer-1 blockchain Sui.
TikTok owner ByteDance's enterprise technology services subsidiary, BytePlus, is partnering with Mysten Labs to enhance web3 gaming and SocialFi offerings on Sui, Mysten's blockchain network, as announced in a Wednesday morning blog post by the project's foundation. BytePlus will collaborate with Mysten Labs to offer various services to Sui, including recommendation solutions and augmented reality products.
BytePlus offers several integral products for builders, including AI recommendation algorithm solutions and BytePlus CDN, a network of servers and data centers for accelerated delivery. According to Mysten Labs, these products will allow the builder to drive web3 videogame collaborations with major game development companies.
In addition, BytePlus will lend its data warehousing and AI-powered algorithmic tools to builders on the Layer 1 blockchain, supercharging their analytics and enabling them to scale infinitely, Mysten Labs said Wednesday in a statement.
“Integrating cutting-edge AI recommendation and visual algorithms into Sui signifies a leap toward enhancing user experience within Web3 game platforms and socialFi projects,” Mysten Labs CEO Evan Cheng said in the statement.
Byte Plus and Mysten Labs are also collaborating on rolling out programs to build Sui’s community, such as international hackathons and educational series.
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