#Sui Accelerator Announces 12 Teams#

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Overview

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. The selected teams include 7k, AdToken, CryptoMate, Gifted, InsiDeX, Lotus Finance, Nativerse, Nemo Protocol, Pomerene, Printr, Protocol Media Labs, and one project currently under confidentiality.

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The Sui Foundation announced the 12 selected teams for the inaugural Hydropower Accelerator program on January 8th. These teams emerged after eight weeks of project development. The projects cover DeFi, DePIN, and RWA areas, including advertising networks, digital gifting platforms, new tools for liquid staking, and more. 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 functions; Gifted focuses on interactive digital gifting platforms; InsiDeX is a DeFi analytics and trading platform on the Sui chain; Lotus Finance provides decentralized market makers 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 rapid development of the Sui ecosystem and attracts more and more developers and projects to participate.

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Sui Hydropower Accelerator Program aims to drive the development of the Sui ecosystem and incubate outstanding DeFi, DePIN and RWA projects.

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The accelerator program attracted 12 teams from different fields, covering DeFi aggregators, advertising networks, stablecoin fintech, digital gift platforms, DeFi analytics platforms, decentralized market makers, liquidity layers, yield trading platforms, DePIN networks, tokenization platforms and media platforms.

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These projects will leverage Sui's technological advantages to provide users with safer, more efficient and convenient financial services and digital experiences.

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The success of the Sui Hydropower Accelerator Program will further drive the prosperity of the Sui ecosystem, attracting more developers and users to participate.

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