$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

1.What is NameServer? NameServer is a system that coordinates the operation of website domain names, converting domain names to IP addresses. NameServer is also known as DNS Server or Domain NameServer. So what is the function of NameServer? NameServer is roughly translated as a domain name server that helps users access the website they want to visit through the domain name.

2.What is server? Server is considered as a CPU with super powerful configuration. The server has the function of coordinating and managing devices that work quickly and synchronize with each other. It also makes data transmission faster and more convenient.

3.What is DNS? DNS stands for Domain Name System, roughly translated as domain name system, which has the function of storing information of all IPs and corresponding domain names. Where IP is the address to access the website. Each website has only one IP address.

Sui’s ecosystem

Sui is a special blockchain that uses the move programming language and has remarkable extensibility.

Recently, Layer 1 blockchains have encountered many problems, which is also when new projects receive attention from the community. Among them, Sui is one of the most noticeable blockchains. In this article, we will learn about the Sui emerging ecosystem and answer the following questions: What’s on the current Sui? What stage is Sui in? Forecasting and looking for investment opportunities.

We will continue to find out in part 2!

Thank you for reading and caring!