Well, here is your chance to get $SNS, a token connected to the Sui Name Service patterned after $ENS. Interested? Read on.

$SNS will be adopting the same model as $ENS. They seek to reward those who will hold $SNS domains, and those use the product. Pretty fair, right?

There’s more.

Tokenomics! Like Cardano? Nope… What are you even here for…

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

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.

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

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

10% to the parent company as an investment

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

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.