Sui Foundation announces the release of information on initial token distribution and more

ChainCatcher message, Layer1 public chain Sui Network retweets the Sui Foundation's tweet regarding its responsibilities and plans. The Sui Foundation has now been launched, and in addition to the grant program, it will also release more information about the initial token distribution of Sui, the process for obtaining staking delegation from the Sui Foundation, and other ways for community members to receive funding. In the coming weeks, the Sui Foundation will share more information and announce future plans related to decentralization and community building missions.

Currently, the Sui Foundation is designing some new content, including educational and community programs to spread Sui knowledge, research programs to improve Sui's technology, and Validator and Move programs to enhance the adoption of Sui infrastructure.

On October 25, the official website of the Sui Foundation was officially launched, and at the same time, Sui launched a developer grant program and opened applications officially. The grant amounts will range from $10,000 to $100,000 and may also include additional SUI token rewards. (source link)