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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

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.

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