Sui Name Service is the first software product at Sui created to bridge the gap between Sui domain name and chain identity. SNS is focused on games and the goal is for the project to be owned by the community.
The Sui name service will have a DAO under the $SNS token. Sui Name Service is registered as a legal entity overseas and is owned by the $SNS token.
StorkLab LLC will be the exclusive developer of the Sui Naming Service, and $SNS tokens will be used to vote on the use of community funds, feature changes, or anything related to the SNS product/direction. This ensures that feature updates happen quickly, but also allows token holders to make changes to the product and gain true ownership/stake $SNS Tokenomics Plans:
25%+ community airdrop
75% core contributors / token cash (to be distributed)
Total supply: 100 million.
Expected Release Date: Q3 2023 – Domain Registration Stage.