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Source channel @githubtrending · Post #14844 · Jun 19

#rust#blockchain#distributed_ledger_technology#move#smart_contracts Sui is a next-generation blockchain platform designed for very fast, low-cost transactions and high scalability, making it ideal for apps like gaming, DeFi, and NFTs. It uses a unique object-based data model and the Move programming language, which helps create secure, flexible smart contracts and allows many transactions to happen at the same time. This means you get instant transaction finality and a smooth user experience. Sui’s native token, SUI, is used for fees, staking, and governance, helping keep the network secure and decentralized. Overall, Sui offers a powerful, efficient foundation for building and using web3 applications. https://github.com/MystenLabs/sui

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Venture Village Wall 🦄

@venturevillagewall · Post #4045 · 02/01/2025, 01:00 PM

ChatGPT Hits 15.5 Million Subscribers ChatGPT now boasts 15.5 million paid subscribers, showing a significant surge of over 4 million since September. While subscribers account for about 5% of total users, OpenAI's revenue from subscriptions has risen, with Pro subscriptions outpacing Enterprise offerings. A substantial increase in API revenue has also been noted, growing sevenfold despite price cuts. Currently, projections estimate annual revenue at $3.4 billion, amidst discussions for a $40 billion investment round valuing the company at $260 billion, reflecting a 73% rise since October 2024. Source: The Information | Additional Info #AI#OpenAI#ChatGPT#Subscriptions#API#TechNews#Investment#RevenueGrowth

Venture Village Wall 🦄

@venturevillagewall · Post #3677 · 12/23/2024, 05:00 PM

Telegram Hits Profit Milestone Telegram has achieved profitability for the first time since its monetization began, as announced by Pavel Durov. In 2024, Telegram's revenue exceeded $1 billion, with paid subscribers tripling to 12 million and advertising revenue increasing significantly. While the app generated about $240 million from subscriptions and ads in the first half of the year, much of its profit stemmed from the sale of Toncoin, which brought in $348 million. Durov expressed confidence in Telegram's financial stability but raised questions about the sustainability of its profits from cryptocurrency. Additionally, a key concern remains whether Durov can repay $2.3 billion in bonds by 2026. Despite these challenges, the news of Telegram's profitability is welcomed by users and investors alike. #Telegram#Profit#Revenue#Subscriptions#Toncoin#Cryptocurrency#Durov#FinancialResults#Advertising#Bonds #2024 #Users#SocialMedia#Monetization#Growth#Debt#Investors#Innovation#CryptoAssets#FinancialStability#Sustainability