#Sui Accelerator Announces 12 Teams#

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Overview

The Sui Foundation announced the 12 selected teams for the inaugural Hydropower Accelerator program on January 8th. These teams, after an eight-week project development period, cover 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 the 12 selected teams for the inaugural Hydropower Accelerator program on January 8th. These teams, after eight weeks of project development, span across DeFi, DePIN, and RWA domains, including advertising networks, digital gifting platforms, and new tools for liquid staking. Among them, 7k, the second-largest trading 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 with 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 farming platform; Pomerene is a DePIN network for international trade; Printr is a cross-chain tokenization and fundraising platform; Protocol Media Labs is an innovative news platform that supports independent media. Additionally, the twelfth team is currently in stealth mode and has not disclosed information. The selection of these teams signifies the burgeoning Sui ecosystem and its growing appeal to developers and projects.

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Sui Hydropower Accelerator Program aims to drive the development of the Sui ecosystem and incubate promising projects.

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The 12 selected teams cover DeFi, DePIN and RWA areas, showcasing the diverse application scenarios of the Sui ecosystem.

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The accelerator program provides these projects with eight weeks of project development support, helping them grow rapidly and land.

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These projects will bring more innovation and value to the Sui ecosystem, such as DeFi aggregators, advertising networks, digital gift platforms, etc.

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