#Sui Accelerator Announces 12 Teams#

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 tools for liquid staking, and more. Among them, 7k is the second-largest trading aggregator on Sui, offering 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 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 provides non-custodial liquid staking tools to facilitate Bitcoin liquidity; Nemo Protocol is a Sui-native yield farming 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 supporting independent media. Additionally, one team is currently in stealth mode and has not disclosed information. The announcement of this accelerator program marks the continued growth and development of the Sui ecosystem, with more innovative projects expected to emerge in the future.