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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

CointimeCointime2024/03/05 07:19
By:Cointime

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.

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