PANews reported on November 12 that Sui Name Service (SuiNS) announced the launch of NS tokens to promote decentralization and empower community members to participate in key protocol development decisions. NS tokens will be launched on Thursday, November 14, and SuiNS (NS) airdrop NFT holders (about 183,000) will be able to claim the token airdrop through the website, which will be open on TGE day.

Earlier news, SuiNS announced its NS token economic model, with 10% allocated to eligible community members .

Related reading: A quick overview of SuiNS Token usage: empowering community governance and decentralization