The Sui Name Service is the first of the products made in Sui. IT is designed to create and use Sui domain names and network identification.
The Sui naming service will have a DAO under the $SNS token. The Sui name service will be owned by the $SNS token.
StorkLabs LLC will be the exclusive developer of the Sui naming service, and the $SNS token will be used to vote on the use of community funds, feature changes, or anything related to SNS products/direction. This will ensure the speed of feature updates and give token owners and holders the ability to make changes to products and receive real ownership/capital.