# $SNS Sui Name Service Tokenomics

By [Jay(💙,🧡)](https://paragraph.com/@thespectre9) · 2023-01-16

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Sui Name Service
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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 — domain registration milestones.

Website: [https://sns.domains](https://sns.domains)

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*Originally published on [Jay(💙,🧡)](https://paragraph.com/@thespectre9/sns-sui-name-service-tokenomics)*