Decentralized advertising platform Alkimi has announced its complete integration with the Sui blockchain, enabling all advertising supply chain processes to operate entirely on blockchain components.
Alkimi and Sui Integration
Alkimi has integrated its service with the Sui blockchain to conduct ad delivery, verification, payments, and data management entirely on-chain. This aims to enhance transparency and efficiency in interactions between advertisers and publishers.
Key Technologies of the Sui Stack
Alkimi leverages the full Sui stack, including Sui, Walrus, Nautilus, and Seal. Each component serves specific functions: Sui handles the transaction layer, Walrus manages data storage, Nautilus verifies ad delivery, and Seal secures access to sensitive information.
Market and SUI Token Status
Following integration, Alkimi attracted major brands like AWS and TikTok. Meanwhile, the SUI token, attempting to recover from a recent decline, shows signs of consolidation. The announcement of $450 million by Mill City Ventures for the creation of a publicly traded Sui treasury reflects strong institutional support.
Alkimi's integration with the Sui blockchain marks a significant step for decentralized advertising, potentially transforming the market by increasing transparency and efficiency. However, the current status of the SUI token raises concerns about a possible correction.
