News

Sui Foundation To Launch SUI Community Access Program

The Sui Foundation announced the SUI Community Access Program, designed to enable Sui community members to purchase SUI in the early phases of the network’s lifespan.

The program’s design goals include maximizing coverage to permit broad participation across all regions and empowering robust and fair community member participation. The Sui Foundation will work with the community over the next few weeks to ensure the program achieves its goals.

Specifically, the Foundation is working on a number of programs aimed at various Sui constituencies, including:

Developer Grant Program: Provides funds for teams building native, open source apps.

SUI Delegation Program: Delegates SUI tokens to community-run validators in order to help bootstrap their operations.

Ambassador Program: Empowers community members with tools and resources to promote Sui projects and technology and share Sui knowledge with local communities.

University Outreach Program: Taps into the developers of tomorrow in order to unleash the next wave of builders in Sui’s ecosystem.

Educational Program: Rewards those who spend time learning and researching Sui, sharing knowledge with the wider Sui community.

While only the Developer Grant Program is now functioning, the additional programs are actively being worked on and will be available soon. The Sui Foundation hopes to have all of these initiatives operational before the introduction of Sui Mainnet.

Decentralization and community-building are critical components of the Sui Foundation’s aim to promote, expand, and foster the Sui ecosystem’s holistic growth. The Community Access Program will accelerate decentralization and diversify participation by providing a broad distribution of SUI tokens across Sui community members.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Robinhood Exec Dan Gallagher Declines SEC Leadership Role

Robinhood Exec Dan Gallagher declined consideration to lead the SEC, affirming his commitment to Robinhood…

10 minutes ago

Best Cryptos to Buy in November 2024: What Sets Qubetics Apart from Fantom and Immutable X?

Discover why Qubetics, Fantom, and Immutable X are the best cryptos to buy in November…

56 minutes ago

Franklin Templeton Digital Assets and Sui Now Join Hands to Strengthen DeFi Strategy

Sui Foundation partners with Franklin Templeton Digital Assets to enhance DeFi solutions on the blockchain.

1 hour ago

Get Insights on BlockDAG’s $136M Presale Success Revealed in Recent AMA—BTC Soars to $99K, Avalanche Trading Volume Surges

See how Bitcoin confronts $99K resistance, Avalanche enjoys a 23% rise, & BDAG achieves a…

1 hour ago

Gate.io Launches USDE Financial Products with Annualized Returns of Up to 54%, Ushering in a High-Return Era for Stablecoin Investments

Nov 18th, Panama - Gate.io, a global leader in digital asset trading, has officially unveiled…

3 hours ago

This website uses cookies.