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SuiNS Highlights Milestones and Future Vision - Blockchain.News

SuiNS Highlights Milestones and Future Vision

Joerg Hiller Sep 05, 2024 14:16

Explore how SuiNS evolved from a naming service to a community-driven identity solution and its future plans for decentralization and $NS token launch.

SuiNS Highlights Milestones and Future Vision

Sui Name Service (SuiNS), a leading naming service on the Sui blockchain, has significantly evolved over the past two years. Originally established to simplify onchain interactions by replacing complex wallet addresses with user-friendly names, SuiNS has now expanded its mission to create comprehensive, human-readable identities, according to The Sui Blog.

SuiNS milestones

Since its founding in September 2022, SuiNS has achieved numerous milestones:

  • September 2022: SuiNS was founded, laying the groundwork for a user-friendly naming service tailored for the Sui blockchain.
  • October 2022: The service went live on Sui Testnet, allowing early users to interact and provide feedback.
  • December 2022: SuiNS launched a mobile site, enhancing accessibility for users on the go.
  • January 2023: The platform gained over 100,000 followers on Twitter and Discord, demonstrating its growing influence.
  • February 2023: The introduction of Sui.id contributed to over 300,000 unique wallet interactions.
  • May 2023: SuiNS officially launched on Sui Mainnet with an auction system for fair name acquisition.
  • June 2023: Achieved 3,000 live auctions within a month of Mainnet launch.
  • July 2023: Integrated with over 20 partners, enhancing its utility across the Sui network.
  • October 2023: Introduced a discount and couponing system for acquiring SuiNS names at reduced rates.
  • March 2024: Began integrating with DeFi apps and leaderboards.
  • June 2024: Launched a refreshed website with new features, including subnames and a new @ naming standard.
  • August 2024: Announced the transition to a decentralized model, empowering the community to influence its future direction.

Future vision and goals

Looking ahead, SuiNS plans to launch the $NS token, which will play a crucial role in the governance of the platform. Token holders will have the ability to vote on new features and improvements, ensuring that the platform evolves in line with user needs.

Potential future updates include:

  • Registering shorter names or using emojis in SuiNS names
  • Static USD pricing for name registrations
  • An NFT avatar generator for custom profile pictures
  • Enhanced homepage functionality with dynamic widgets and name lookup search
  • Auctioning system for existing names
  • A referral system
  • A SuiNS subnames widget
  • A fiat on-ramp and payments in tokens other than SUI
  • Linktree-style functionality for SuiNS

In a move toward greater transparency, the SuiNS front-end codebase will become open source, allowing global developers to contribute to the platform’s continual innovation.

The road ahead

The vision for SuiNS is to harness the power of its community to continually redefine onchain identity management standards, ensuring it remains easy, secure, and user-centric. With the introduction of the $NS token and a commitment from the community to ongoing enhancement, SuiNS aims to maintain its importance within the Sui ecosystem and play a pivotal role in its growth.

As SuiNS transitions to decentralized governance, it emphasizes the crucial role of community feedback in shaping its development. Community members are encouraged to join, use SuiNS, and contribute to the future of onchain identity.

Image source: Shutterstock