Sui was created by Mysten Labs, a company founded in 2021 by former Meta (Facebook) engineers who had worked on the Diem blockchain project. The core founding team includes Evan Cheng, Adeniyi Abiodun, Sam Blackshear, George Danezis, and Kostas Chalkias. Their vision was to take the lessons from Diem and build a new Layer-1 blockchain focused on speed, safety, and user experience.

Sui was founded by Mysten Labs, a team of ex-Meta engineers with experience from Diem and Novi projects. Key founders include:

1. Evan Cheng (CEO)
2. Sam Blackshear (CTO, creator of Move)
3. George Danezis
4. Adeniyi Abiodun
5. Costas Kryptos

Their goal with Sui is a high-performance, scalable Layer 1 blockchain for secure and fast dApps, leveraging the Move language.

Sui was created by Mysten Labs, a team of ex-Meta (Facebook) engineers who worked on the Diem and Novi blockchain projects. Key founders include:

Evan Cheng (CEO)

Sam Blackshear (CTO, creator of the Move language)

George Danezis, Adeniyi Abiodun, and Costas Kryptos

They built Sui to be a high-performance, scalable Layer 1 blockchain, optimized for secure, fast dApps using a refined version of the Move language.

Sui was built by Mysten Labs, a startup founded in 2021 by ex-Meta engineers who had worked on the Diem blockchain and the Move language inside Facebook’s crypto research group. The founding team includes Evan Cheng, Adeniyi Abiodun, Sam Blackshear, George Danezis, and Kostas Chalkias.

Their goal with Sui was to take the lessons from Diem and push them further:

• Make a layer-1 blockchain that uses Move but in an object-centric model instead of the account model.
• Prioritize low latency and horizontal scalability, so transactions on independent objects can run in parallel.
• Target real-world applications like gaming, NFTs, and payments that need high throughput and smooth user experience.

Mysten Labs raised significant funding (over $300M in Series B led by a16z) to support Sui’s development, and the mainnet launched in May 2023.

So: Sui is essentially the “next generation” Move chain, designed by the same people who built the original language, but with an architecture purpose-built for speed and developer flexibility.