$SNS Sui Name Service Tokenomics

Sui Name Service

The Sui Name Service is the first of our software products on Sui. It fills the void for Sui domain names and on-chain identity. Our focus is gaming, and the goal is for the project to be owned by the community.

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 β€” domain registration milestones.

Website: https://sns.domains