It is no secret that the Sui Name Service will have a DAO, under the token $SNS. The Sui Name Service will be registered as a legal entity off-shore and be owned through the $SNS token.

StorkLab LLC will be the exclusive developer of the Sui Name Service and the $SNS token will be used to vote on use of community funds, feature changes, or anything related to the SNS-products / direction. This will keep ensure that feature updates happen quickly, but also give token holders an outlet to make changes in the products and receive real ownership / equity.

$SNS Tokenomics Plan (Current):

• 25%+ Airdropped to Community

• 75% Core Contributors / Token Treasury (yet to be divided)

Total Token Supply: 100million.

Intended Release Date: Q3 2023 — domain registration milestones.