#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 eight weeks of project development, span DeFi, DePIN, and RWA domains, including advertising networks, digital gifting platforms, and new tools for liquid staking. They include 7k, the second-largest aggregator on Sui, AdToken, a peer-to-peer advertising network, CryptoMate, a stablecoin-based fintech operating system, Gifted, a digital rewards platform, InsiDeX, a DeFi analytics and insights platform, Lotus Finance, a decentralized market maker and high-frequency trading infrastructure, Nativerse, a liquidity layer, Nemo Protocol, a yield farming platform, Pomerene, a DePIN project, Printr, a tokenization and financing platform, Media Protocol Media Labs, and a currently undisclosed project.

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Analysis

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. The selected 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 facilitates 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. The accelerator program aims to cultivate more high-quality projects for the Sui ecosystem and drive the prosperity of the Sui ecosystem.

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Classic Views

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, digital gifting platforms, liquidity staking tools, and more.

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

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The success of the Sui Hydropower Accelerator Program will further drive the prosperity of the Sui ecosystem and attract more developers and users to participate.

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