#Sui Accelerator Announces 12 Teams#

The Sui Foundation announced the 12 selected teams for the inaugural Hydropower Accelerator program on January 8th. These teams have completed their projects during an eight-week program development period. The projects cover DeFi, DePIN, and RWA areas, including advertising networks, digital gifting platforms, new tools for liquid staking, stablecoin fintech operating systems, DeFi analytics and trading platforms, decentralized market makers and high-frequency trading infrastructure, yield farming platforms, international trade DePIN networks, cross-chain tokenization and fundraising platforms, and innovative news platforms. Notable projects include: 7k, the 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 fintech operating system that supports low-code and AI features; 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 farming 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. Additionally, the twelfth team is in stealth mode and has not disclosed information. The announcement of this accelerator program marks the burgeoning growth of the Sui ecosystem, attracting numerous outstanding projects and bringing more innovation and vitality to the Sui ecosystem in the future.