Sui Foundation Launches RFP Program to Boost Sui Network Development

The Sui Foundation has recently launched a Request For Proposal (RFP) program aimed at developers within the Sui network's ecosystem. The program, designed for the Sui Name Service (SuiNS), seeks to fund new projects that advance the protocol and enhance its value to the Sui community.

The newly launched RFP is expected to drive impactful development and strengthen community collaboration. The Foundation will directly fund projects that align with the Sui ecosystem's needs and the growth of the SuiNS. The application process is ongoing, with March 17, 2025, as the closing date.

The Sui Foundation has set out a process for funding builders that qualify for the RFP program. The Foundation will scrutinize the submitted proposals based on their alignment with the RFP requirements and overall feasibility. A dedicated RFP committee will review the proposals and short-list candidates, followed by a final voting process to determine the applicants that qualify for funding.

The recently launched program marks another milestone in the Sui network's development. Analysts expect the process to boost SUI's adoption, potentially leading to its next phase of value accumulation.

According to the Sui Foundation, SuiNS provides users with a simple, human-readable identity usable across the Sui ecosystem. The innovation will replace complex wallet addresses with more familiar names, enabling more personalized, feature-rich interactions to enhance user experiences and app functionality.