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Sui announces major improvements to the grant distribution process: introducing Request for Proposals (RFP) program

Sui announces major improvements to the grant distribution process: introducing Request for Proposals (RFP) program

2024/03/05 07:07
SUI-4.30%

According to official sources, Sui has announced a major improvement in the grant distribution process by introducing a Request for Proposals (RFP) program to expand avenues for supporting innovative projects that contribute to the development of the Sui ecosystem. The implementation of the RFP program aims to provide a structured framework for development, strategic adjustments, and collaboration, offering better support for builders and ecosystem participants. Through the RFP process, the needs of the ecosystem are clearly outlined, following a structured path including: submission of applications, review period (the RFP committee will subsequently vote on final proposals from shortlisted candidates), identity verification, signing funding agreements, and project initiation.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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