#Sui Accelerator Announces 12 Teams#

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The Sui Foundation announced the 12 selected teams for the inaugural Hydropower Accelerator program on January 8th. These teams, after eight weeks of project development, span the DeFi, DePIN, and RWA domains, including advertising networks, digital gifting platforms, new liquidity staking tools, and more. They include 7k, the second-largest trading aggregator on Sui, AdToken, a peer-to-peer advertising network, CryptoMate, a stablecoin-based fintech operating system, Gifted, a digital rewards platform, InsiDeX, a DeFi analytics and insights platform, Lotus Finance, a decentralized market maker and high-frequency trading infrastructure, Nativerse, a liquidity layer, Nemo Protocol, a yield farming platform, Pomerene, a DePIN project, Printr, a tokenization and financing platform, Media Protocol Media Labs, and a currently undisclosed project.

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The Sui Foundation announced the 12 selected teams for the inaugural Hydropower Accelerator program on January 8th. These teams, after eight weeks of project development, span the DeFi, DePIN, and RWA domains, including advertising networks, digital gifting platforms, and new tools for liquid staking. Among them, 7k is the second-largest trading aggregator on Sui, offering a smart trading ecosystem; AdToken is a peer-to-peer advertising network that pays based on ad performance; CryptoMate is a stablecoin-based fintech operating system with low-code and AI capabilities; Gifted is a digital gifting platform focused on interactive experiences; InsiDeX is a DeFi analytics and trading platform on the Sui chain; Lotus Finance is a decentralized market maker and high-frequency trading infrastructure; Nativerse is a non-custodial liquid staking tool that facilitates Bitcoin liquidity; Nemo Protocol is a Sui native yield trading platform; Pomerene is an international trade DePIN network; Printr is a cross-chain tokenization and fundraising platform; Protocol Media Labs is an innovative news platform that supports independent media. Additionally, one team is currently in stealth mode and has not disclosed information. The announcement of this accelerator program marks the burgeoning growth of the Sui ecosystem, attracting numerous outstanding projects and promising to bring more innovation and applications to the Sui ecosystem in the future.

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Classic Views

Sui Hydropower Accelerator Program aims to support innovative projects in the DeFi, DePIN and RWA fields.

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Participating teams cover multiple areas, including trading aggregators, advertising networks, stablecoin fintech, digital gift platforms, DeFi analytics and trading platforms, decentralized market makers, liquidity staking tools, yield trading platforms, DePIN networks, tokenization and fundraising platforms, and media platforms.

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The accelerator program is eight weeks long and aims to help teams develop and refine their projects.

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The Sui Foundation, through the accelerator program, drives the development and innovation of the Sui ecosystem.

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