#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 the DeFi, DePIN, and RWA domains, including advertising networks, digital gifting platforms, new liquidity staking tools, 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 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 liquidity staking tool that empowers Bitcoin liquidity; Nemo Protocol is a Sui native yield trading 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 that supports independent media. Additionally, there is one team currently in stealth mode, whose information is not yet public. The successful launch of this accelerator program signifies the burgeoning growth of the Sui ecosystem, promising the emergence of more exceptional projects in the future.