Sui Name Service (SuiNS) is a decentralized naming system built on the Sui blockchain, offering users an easy and accessible way to create human-readable names for their wallet addresses, decentralized applications (dApps), smart contracts, and more. This service provides a foundational layer of Web3 infrastructure, aimed at enhancing the user experience by simplifying complex blockchain interactions. Instead of managing long, cryptographic addresses, users can utilize personalized domain-like names that are easier to remember, share, and utilize in transactions.

The $NS Token takes Sui Name Service to the next level by taking the first step to becoming the first truly decentralized Web3 Name Service! The $NS token gives governance over SuiNS to the community by allowing the community to have meaningful input (via their votes) over various aspects of the SuiNS protocol and its ongoing development. Utilizing groundbreaking technology through the Sui blockchain, SuiNS takes governance a step further by completely removing the need for any key or multisig holders.