#Sui Hydropower Accelerator Announces 12 Teams#

The Sui Foundation announced the 12 selected teams for the inaugural Hydropower Accelerator program on January 8th. These teams have demonstrated exceptional progress during the eight-week program development. The projects cover DeFi, DePIN, and RWA domains, including advertising networks, digital gifting platforms, new liquidity staking tools, and more. Among them, 7k, the second-largest transaction aggregator on Sui, provides 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 that supports low-code and AI capabilities; Gifted focuses on an interactive digital gifting platform; InsiDeX is a DeFi analytics and trading platform on the Sui chain; Lotus Finance provides decentralized market-making and high-frequency trading infrastructure; Nativerse is a non-custodial liquidity 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, another team is currently in stealth mode and has not disclosed information. The successful selection of these projects signifies the burgeoning growth of the Sui ecosystem, attracting an increasing number of developers and innovators.