#Sui Accelerator Announces 12 Teams#

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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 the DeFi, DePIN, and RWA domains, including advertising networks, digital gifting platforms, and new tools for liquid staking. The selected teams include 7k, AdToken, CryptoMate, Gifted, InsiDeX, Lotus Finance, Nativerse, Nemo Protocol, Pomerene, Printr, Protocol Media Labs, and one project currently under confidentiality.

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The Sui Foundation announced the 12 selected teams for the inaugural Hydropower Accelerator program on January 8th. These teams have undergone eight weeks of project development, covering DeFi, DePIN, and RWA areas, including advertising networks, digital gifting platforms, and new tools for liquid staking. Among them, 7k, the second-largest transaction aggregator on Sui, provides 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 that supports low-code and AI capabilities; Gifted focuses on interactive digital gifting platforms; 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 provides non-custodial liquid staking tools to facilitate 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, one team is currently in stealth mode and has not disclosed information. The announcement of this accelerator program marks the burgeoning growth of the Sui ecosystem, and more innovative projects are expected to emerge in the future.

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Sui Hydropower Accelerator Program aims to drive the construction and development of the Sui ecosystem, attracting excellent projects covering areas such as DeFi, DePIN, and RWA.

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The 12 winning projects of the accelerator program showcase the innovative potential of the Sui ecosystem in various fields, including trading aggregation, advertising networks, stablecoin fintech, digital gift platforms, DeFi analytics, decentralized market makers, liquidity layers, yield trading, DePIN, tokenization, and financing.

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The successful hosting of the Sui Hydropower Accelerator Program indicates that the Sui ecosystem is attracting more and more developers and projects, and shows great potential for development.

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The winning projects of the accelerator program will receive support from the Sui Foundation, including funding, technical guidance, and community resources, which will help them further develop and grow.

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