#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, and new tools for liquid staking. They include 7k, the second-largest trading aggregator on Sui, AdToken, a peer-to-peer advertising network, CryptoMate, a stablecoin fintech operating system, Gifted, a digital gifting platform, InsiDeX, a DeFi analytics and trading platform on Sui, Lotus Finance, a decentralized market maker and high-frequency trading infrastructure, Nativerse, a non-custodial liquid staking tool, Nemo Protocol, a Sui native yield farming platform, Pomerene, an international trade DePIN network, Printr, a cross-chain tokenization and fundraising platform, Protocol Media Labs, an innovative news platform, and one project currently under wraps.

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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 domains, including advertising networks, digital gifting platforms, new tools for liquid staking, and more. Among them, 7k is the second-largest transaction aggregator on Sui, providing 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 features; 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 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. Additionally, one team is currently in stealth mode and has not yet disclosed information. The announcement of this accelerator program marks the continuous growth and expansion of the Sui ecosystem, with more innovative projects expected to emerge in the future.

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Sui Hydropower Accelerator Program aims to drive the development of the Sui ecosystem and bring innovative projects to the DeFi, DePIN, and RWA spaces.

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The accelerator program attracted 12 teams from different areas, including DeFi aggregators, advertising networks, stablecoin fintech operating systems, digital gift platforms, DeFi analytics platforms, decentralized market makers, liquidity layers, yield trading platforms, DePIN projects, tokenization and financing platforms, and media platforms.

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These projects will leverage Sui's technological advantages to provide users with a more convenient, secure, and efficient experience.

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The success of the accelerator program will further drive the prosperity of the Sui ecosystem and attract more developers and users to join.

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