What Is SuiNS (NS)?
SuiNS (Sui Name Service) is a decentralized naming system on the Sui blockchain that allows users to register easily memorable names, replacing complex wallet addresses with human-readable identifiers, represented as NFTs for ownership and trading. It offers features like subdomains and personalization, enhancing the user experience within the Sui ecosystem. The platform’s native token, $NS, serves a dual purpose: it facilitates governance by allowing holders to influence decisions about SuiNS and provides discounts for purchasing SuiNS names, adding further value for token holders.
How SuiNS (NS) Works
Sui Name Service (SuiNS) enhances the blockchain experience by replacing complex wallet addresses with memorable names, such as "alice.sui," linked to Sui accounts for easier and error-free transactions. These names are stored as NFTs, granting full ownership and the option to personalize with avatars. Names must be renewed annually to maintain ownership; otherwise, they become available for others to register. The $NS token empowers the community by allowing holders to participate in governance and purchase SuiNS names at discounted rates. Overall, SuiNS aims to make blockchain interactions more user-friendly and secure while ensuring user involvement in its development.
How Many SuiNS (NS) Tokens Are in Circulation?
NS has a total supply of 500,000,000. The current circulating supply of NS is 160,604,170.
Interested in purchasing SuiNS (NS)? Follow these simple steps:
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Verify your identity.
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Deposit Funds.
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Start trading: Search for
NS/USDT and begin trading.
Is SuiNS (NS) a Good Investment?
Investing in SuiNS (NS) presents a compelling opportunity within the blockchain ecosystem due to several advantages. As an NS token holder, you gain governance participation by voting on proposals that influence the platform's future. You can also purchase SuiNS names at discounted rates, making it cost-effective to personalize your blockchain identity. Additionally, as the SuiNS platform gains popularity, the demand for NS tokens may rise, potentially increasing their value. Furthermore, holding NS tokens connects you to an active community, allowing you to contribute to the project's evolution and overall success.