#Sui Hydropower 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. The selected teams include 7k, AdToken, CryptoMate, Gifted, InsiDeX, Lotus Finance, Nativerse, Nemo Protocol, Pomerene, Printr, Protocol Media Labs, and one project currently under confidentiality.

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The Sui Foundation announced on January 8th that 12 teams have completed an eight-week program in the inaugural Hydropower Accelerator program. These projects span DeFi, DePIN, and RWA, including advertising networks, digital gifting platforms, and new tools for liquid staking. Participating teams include: 7k, the second-largest trading aggregator on Sui, providing a smart trading ecosystem; AdToken, a peer-to-peer advertising network that pays per ad performance; CryptoMate, a stablecoin fintech operating system that supports 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 that empowers 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 that supports independent media; and one project currently in stealth mode. These teams will continue to develop within the Sui ecosystem, providing users with more innovative applications and services.

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Sui Hydropower Accelerator Program aims to support innovative projects in the DeFi, DePIN, and RWA spaces.

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The 12 selected teams cover a wide range of areas, including DeFi aggregators, advertising networks, digital gifting platforms, and liquid staking tools.

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The accelerator program will last for eight weeks and aims to help teams develop and refine their projects.

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The Sui Foundation hopes to drive the prosperity of the Sui ecosystem through this accelerator program.

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