Our UI and front-end team have built an amazing and intuitive interface that is easy-to-use and navigate. From the main landing page you will see a fluid animation of our logo along with a simple yet powerful search engine to #FindYourSuiName.
Our website is integrated with the best-in-class wallets on Sui including Sui Reference Wallet (@SuiNetwork), Suiet Wallet (@suiet_wallet), and Ethos Wallet (@EthosWalletXYZ). Not to mention our service is integrated into Ethos and Suiet wallets directly!
We've been told our registration experience is "very smooth" and we've added automatic search for all top-level domains we support.
Once you have a domain name registered at SuiNS, the fun can begin! You will be navigated to your admin page where you can check all the names that you own.
Clicking into each name will allow you to manage your username settings like avatar (coming soon), Linked Address, Default Status, and more!
We are so excited to have you come join us and provide feedback on the path forward for SuiNS. We've opened a new channel in our Discord called #feedback and we encourage all of our users to join in and participate!
We covered the governance reward mechanism, let's talk about distribution
The NS distribution plan is a key component of SuiNS' path to decentralization, thoughtfully designed to put the platform's governance in the hands of its users
This plan for the 500M NS tokens ensures the platform's sustainable growth and empowers its community
Each allocation plays a key role in fostering engagement, rewarding early supporters, and reinforcing decentralization
🏦 57% treasuries allocation
These tokens will be allocated to the community and foundation treasuries to ensure SuiNS' long-term viability, and give the community a voice in decision-making
The community treasury's 22% of the supply is controlled by token holders via governance voting, ensuring the platform is shaped by users
The foundation treasury's 35% of the supply is managed by the SuiNS Foundation for protocol support
These funds will be used for operational support: infrastructure, website hosting, marketing campaigns, and legal expenses
The SuiNS Foundation plans to involve the community in future decisions about how treasury funds are used, striking a balance between operational needs and community involvement
We're giving control over the protocol’s major decisions to the community
$NS will play a crucial role in this new governance model as it will allow users to directly shape the platform’s future 🗳
Let's talk about governance rewards 👇
"With great power comes great responsibility" - Uncle Ben (also Voltaire)
Incentives encouraging engagement in governance are key to the success of SuiNS
Community participation in shaping its future is not only valued but rewarded
5% of the supply has been allocated to voting rewards, highlighting our dedication to fostering an active & engaged community
Each proposal will have a specific amount of tokens allocated to rewards, with 1 $NS representing 1 vote and rewards distributed equally across all votes
Announcing one giant step for openness and accessibility…
Sui Name Service (SuiNS) will become a decentralized protocol!
SuiNS simplifies wallet addresses for Sui users by allowing them to select shorter, more memorable names, instead of long strings of complex letters and numbers.
Web3 name services should be a public good, so SuiNS will transition to a decentralized model.
The $NS token will achieve this and ensure SuiNS’ future lies in its users’ hands. The token will aid governance, allowing stakeholders to shape protocol decisions via on-chain voting mechanisms.
SuiNS is pleased to announce we have closed our pre-seed funding round with Mysten Labs!
We could not be more excited by the immense responsibility we have been given, and plan to impress!
A thread 🧵:
The SuiNS team believes that a Name Service must be fair and impartial. Our mission is to make sure that all blockchain citizens regardless of class, size, or reputation, have equal opportunity to register.
The team has been working day and night to get the MVP DAPP live on Sui, targeting a November release. Users will be able to use features and provide feedback.