#Sui Hydropower Accelerator Announces 12 Teams#

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Overview

The Sui Foundation announced the 12 winning teams of its 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. The winning teams include 7k, AdToken, CryptoMate, Gifted, InsiDeX, Lotus Finance, Nativerse, Nemo Protocol, Pomerene, Printr, Protocol Media Labs, and one project currently under wraps. These projects will continue to develop within the Sui ecosystem, contributing to the growth of Sui.

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Analysis

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, cover the DeFi, DePIN, and RWA fields. Among them, 7k, as the second-largest trading aggregator on Sui, provides a smart trading ecosystem; AdToken is a peer-to-peer advertising network that pays based on advertising effectiveness; CryptoMate is a stablecoin-based fintech operating system that supports low-code and AI capabilities; Gifted is a digital gift 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. In addition, one team is currently in stealth mode and has not yet disclosed information. The announcement of this accelerator program marks the continuous growth and development of the Sui ecosystem, and more innovative projects will emerge 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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The accelerator program has attracted many excellent teams, including DeFi aggregators, advertising networks, digital gift platforms, liquidity staking tools, etc.

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Selected projects will receive support from the Sui Foundation to help them accelerate their development and implementation

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The Sui Hydropower Accelerator Program demonstrates the vitality and potential of the Sui ecosystem

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