#Sui Accelerator Announces 12 Teams#

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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, new liquidity staking tools, and more. They include DeFi aggregator 7k, peer-to-peer advertising network AdToken, stablecoin-based fintech operating system CryptoMate, digital rewards platform Gifted, DeFi analytics and insights platform InsiDeX, decentralized market maker and high-frequency trading infrastructure Lotus Finance, liquidity layer Nativerse, yield farming platform Nemo Protocol, DePIN project Pomerene, tokenization and financing platform Printr, media 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, after eight weeks of project development, span the DeFi, DePIN, and RWA domains. They include DeFi aggregator 7k, peer-to-peer advertising network AdToken, stablecoin-based fintech operating system CryptoMate, digital rewards platform Gifted, DeFi analytics and insights platform InsiDeX, decentralized market maker and high-frequency trading infrastructure Lotus Finance, liquidity layer Nativerse, yield farming platform Nemo Protocol, DePIN project Pomerene, tokenization and financing platform Printr, media Protocol Media Labs, and one project currently under confidentiality. These projects will leverage Sui's high performance and scalability to provide users with a more convenient and efficient experience, driving the flourishing development of the Sui ecosystem.

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Sui Hydropower Accelerator Program aims to drive the development of the Sui ecosystem by attracting top projects in the DeFi, DePIN, and RWA spaces.

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The accelerator program's 12 winning projects span multiple areas, including DeFi aggregators, advertising networks, stablecoin fintech, digital rewards platforms, DeFi analytics platforms, decentralized market makers, liquidity layers, yield farming platforms, DePIN projects, tokenization and financing platforms, and media platforms.

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These projects will benefit from the support and guidance of the Sui Foundation and have the opportunity to achieve rapid growth within the Sui ecosystem.

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The success of the Sui Hydropower Accelerator Program demonstrates that the Sui ecosystem is thriving and attracting an increasing number of developers and projects.

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