#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 have completed their projects during an eight-week program development period. The projects cover DeFi, DePIN, and RWA areas, including advertising networks, digital gifting platforms, new tools for liquid staking, DeFi analytics and trading platforms, decentralized market makers and high-frequency trading infrastructure, international trade DePIN networks, cross-chain tokenization and fundraising platforms, and innovative news platforms. Among them, 7k, AdToken, CryptoMate, Gifted, InsiDeX, Lotus Finance, Nativerse, Nemo Protocol, Pomerene, Printr, and Protocol Media Labs have publicly disclosed information, while the twelfth team remains confidential.

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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, span the DeFi, DePIN, and RWA domains. They include: 7k, the second-largest trading aggregator on Sui, offering a smart trading ecosystem; AdToken, a peer-to-peer advertising network with pay-per-performance; CryptoMate, a stablecoin-based fintech operating system with low-code and AI capabilities; Gifted, a digital gifting platform focused on interactive experiences; InsiDeX, a DeFi analytics and trading platform on the Sui chain; Lotus Finance, a decentralized market maker and high-frequency trading infrastructure; Nativerse, a non-custodial liquid staking tool for Bitcoin liquidity; Nemo Protocol, a Sui native yield trading platform; Pomerene, an international trade DePIN network; Printr, a cross-chain tokenization and fundraising platform; Protocol Media Labs, an innovative news platform supporting independent media; and one project currently under confidentiality. The successful selection of these projects demonstrates the burgeoning Sui ecosystem, attracting numerous outstanding projects and laying a solid foundation for its future development.

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Classic Views

Sui Hydropower Accelerator Program focuses on DeFi, DePIN and RWA areas, covering innovative projects such as advertising networks, digital gift platforms, liquidity staking tools, etc.

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The accelerator program aims to cultivate the Sui ecosystem and provide it with funding and technical support.

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Selected teams include 7k, AdToken, CryptoMate, Gifted, InsiDeX, Lotus Finance, Nativerse, Nemo Protocol, Pomerene, Printr, Protocol Media Labs, etc.

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The Sui Foundation, through the Hydropower Accelerator Program, injects vitality into the Sui ecosystem and drives its development.

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