#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 emerged after eight weeks of project development. The projects cover areas such as DeFi, DePIN, and RWA, 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 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 yet disclosed information. The selection of these projects signifies the burgeoning Sui ecosystem and its growing attraction to developers and projects.