Sui launches RFP program to optimize ecosystem funding distribution

Sui has recently made significant optimizations to its funding allocation process, launching a Request for Proposals (RFP) program. This new initiative marks an important development in Sui's funding projects, opening up broader avenues to support innovative projects within the ecosystem.

The launch of the RFP program aims to better support ecosystem participants by providing a structured framework for development, strategic alignment, and collaboration. By clearly articulating ecosystem needs, the program enables the foundation to target its support towards developers creating tools and projects that meet these needs. Each RFP is carefully designed to ensure that funding aligns with ecosystem demands, thereby allowing each grant to make a substantial contribution to the advancement of Sui.

The RFP process follows the structured path below:

1. Submit Application: Interested candidates can submit their proposals through the online platform before the specified deadline.

2. Review Period: The foundation will conduct a comprehensive evaluation of all proposals, and the RFP committee will subsequently vote to determine the final proposals of the shortlisted candidates.

3. Authentication: Selected individuals or teams will undergo authentication to ensure transparency and accountability.

4. Funding Agreement: Once selected, the foundation will sign an agreement with the selected candidates to specify the project milestones agreed upon by both parties.

5. Project Launch: After the agreement is signed, the selected candidates will start building the proposed project, contributing to the development of the Sui ecosystem.

The foundation sincerely invites all interested parties to actively participate in this new stage, whether they are experienced developers or enthusiastic community members, as there is a suitable position for everyone in the ever-evolving Sui Network ecosystem.

It is worth noting that the Sui Network mainnet has successfully launched, and the community ecosystem is also being launched in an orderly manner. As a rapidly developing blockchain platform, Sui is attracting the attention of more and more developers and users. With the implementation of the RFP plan, it is expected that more innovative projects will emerge, further promoting the prosperous development of the Sui ecosystem.