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Sui announces major improvements to grant allocation process: introduction of Request for Proposal (RFP) program

Sui announces major improvements to grant allocation process: introduction of Request for Proposal (RFP) program

Cointime2024/03/05 07:19
By: Cointime
SUI+4.83%

According to official sources, Sui has announced a major improvement in the distribution process of grants by introducing the Request for Proposals (RFP) plan to expand the avenues for supporting innovative projects that develop the Sui ecosystem. The implementation of the RFP plan provides a structured framework for development, strategic adjustments, and collaboration to offer better support to builders and ecosystem participants. The RFP process follows a structured path, including submitting applications, review deadlines (the RFP committee will subsequently vote to decide the final proposal of the shortlisted candidates), identity verification, signing funding agreements, and project launch.

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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