Sui: Improve the grant allocation process by introducing a Request for Proposal (RFP) program

ChainCatcher news, Sui announced a significant improvement to the grant allocation process by introducing a Request for Proposal (RFP) program to expand the pathways for supporting the development of Sui ecosystem innovation projects.

Sui stated that the implementation of the RFP program provides better support for builders and ecosystem participants by offering a structured framework for development, strategic alignment, and collaboration, and clearly articulates the ecosystem's needs through the RFP.

The RFP process follows a structured path, including: submission of applications, review period (the Sui Foundation will carefully review all proposals, and the RFP committee will then vote to decide on the final proposals of the shortlisted candidates), identity verification, signing of the grant agreement, and project initiation.