You have all recently heard about Sui ecosystem, after Aptos launch, everyone expecting this Sui ecosystem gonna explode in this bear market & It has also more craze between the airdrop hunters & Blockchain explorers.

Now, This ‘Sui Name Service’ is becoming the first major Name service in Sui blockchain. They have also focused on gaming because it is the parallel most natural for crypto-currency to break into.

They also mentioned in there whitepaper, ‘“At the $SNS, we seek to build a community-owned Sui Name Service that will act as your digital identity for crypto gaming services and products, or as I like to call it — Gmail for Crypto Gaming. Right now, we’re starting out as a name service for Sui, but our goal is to create an eco-system of products on Sui that you can access via your web browser by the “.sui” top-level domain — each “.sui” registration will control its equivalent “.sui” TLD as well.”

Otherwise $SNS also want to brings,

1. Payments: (Phase 1: Q3 2022 — Q1 2023. The BIG break)

2. They wants to bring new type of payment method, unlike $ENS they want to bring innovation, community in $SNS.

3. Their Primary goal is:

4. i.Build up the $SNS community

5. ii.Release our name service & resolver extension

6. iii.Raise enough funds to continue development

7. Profiles: (Phase 2: Q1 2023 — Q1.5 2023. Where it starts coming together…. bang bang)

8. Like $ENS they also bring exclusive profiles ‘.sui’ which users can make like their own $SNS as their choice, and they also can customize their profiles with adding NFTS as in their domain profile, users can also send tokens and NFTs into those Sui domains by giving Sui domain address through Recieve bar.

9. Services: (Phase 3: Q1.5 2023 — Q3 2023. You’ve GOT MAIL)

10. This one is new & interasting features they want to bring, Sui based messaging.

11. “Completely encrypted. Untraceable (unless you tell someone). Free for anyone to use”

12. In this feature anyone can message the NFT owner of one of their favorite NFTs and attempt to negotiate it off them.

13. Governance: (Phase 3: Q3 2023 — Q4 2023. THIS IS DEMOCRACY)

14. As like $ENS they also want to bring their Governance token ‘$SNS’ to reward the people who have actually held $SNS domains and used our product/service, and they should have the greatest allocation amongst the release.

15. In their whitepaper they have discussed about their tokenomics,

• 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. 1.25% to the community (2.5% exclusively allocated as extra for whitelist participants)

2. 2.10% to the parent company as an investment

3. 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.

JOIN SNS:- SNS.DOMAINS