All about Sui Name Service part 2

$SNS Tokenomics

1. There will be 100M total $SNS tokens and they will be capped at this amount — forever.

2. 50% of the 100m supply of $SNS tokens will be locked at release. These tokens will be controlled by the $SNS parent company SolNames LLC.

3. The 50% of the token supply at release will be distributed as follows:

   1. 25% to the community (2.5% exclusively allocated as extra for whitelist participants)

   2. 10% to the parent company as an investment

   3. 15% to the founding team and active contributors — discord, valuable contributions, etc (48-month vesting schedules)

   4. Tokens will eventually receive dividends from $SNS-owned products, creating a REAL utility for long-term ownership. Dividends will be based on a % of specific $SNS product profits. The exact distribution is yet to be determined, however, this is a personal goal of the team to create real value for the community.

4. This system of checks and balances ensures that the company retains certain control to protect consumers and is able to remain profitable while the community also receives benefits from the company and helps drive direction. Profitability is important as it will ensure that we can stay competitive moving forward. The $ENS non-profit model is great, however, it is more difficult to be competitive in this industry while retaining that approach. We can do the most amount of good with a smart profitable approach.

   We will continue to find out in part 3!

   Thank you for reading and caring