#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 have undergone an eight-week program focused on project development across DeFi, DePIN, and RWA domains. The selected teams include:* 7k, a second-largest trading aggregator on Sui, providing a smart trading ecosystem.* AdToken, a peer-to-peer advertising network that pays based on ad performance.* CryptoMate, a stablecoin-based fintech operating system with 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 supporting independent media.* A currently undisclosed project.The selection of these projects signifies the burgeoning Sui ecosystem and its growing appeal to developers and projects.