#Sui Hydropower Accelerator Announces 12 Teams#

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 span DeFi, DePIN, and RWA domains, showcasing the innovative potential of the Sui ecosystem across various fields. 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 aims to build a stablecoin-based fintech operating system with low-code and AI capabilities; Gifted focuses on a digital gifting platform offering interactive experiences; InsiDeX, a DeFi analytics and trading platform on the Sui chain, provides users with comprehensive data insights; Lotus Finance specializes in decentralized market makers and high-frequency trading infrastructure to enhance market efficiency; Nativerse offers non-custodial liquid staking tools to facilitate Bitcoin liquidity; Nemo Protocol is a Sui-native yield trading platform offering users a more convenient yield management solution; Pomerene aims to build an international trade DePIN network to drive the digital transformation of trade; Printr is a cross-chain tokenization and fundraising platform providing projects with more convenient financing channels; Protocol Media Labs is an innovative news platform supporting independent media development; Additionally, there is a team currently in stealth mode, with their project details yet to be disclosed. The successful execution of the Hydropower Accelerator program has not only injected fresh blood into the Sui ecosystem but also laid a solid foundation for its future development.