#Sui Hydropower Accelerator Announces 12 Teams#

The Sui Foundation officially announced the 12 selected teams for the first Hydropower Accelerator program on January 8th. These teams emerged after eight weeks of project development. The projects cover multiple areas, including DeFi, DePIN, and RWA, showcasing the development potential of the Sui ecosystem in different directions. Among them, 7k, as the second-largest trading aggregator on Sui, is committed to building a smart trading ecosystem; AdToken focuses on peer-to-peer advertising networks, paying for advertising effects; CryptoMate provides a stablecoin-based fintech operating system that supports low-code and AI functions; Gifted focuses on a digital gift platform, aiming to create interactive experiences; InsiDeX aims to become a DeFi analytics and trading platform on the Sui chain; Lotus Finance focuses on decentralized market makers and high-frequency trading infrastructure; Nativerse provides non-custodial liquid staking tools to facilitate Bitcoin liquidity; Nemo Protocol focuses on Sui native yield trading platform; Pomerene is committed to building an international trade DePIN network; Printr focuses on cross-chain tokenization and fundraising platform; Protocol Media Labs focuses on innovative news platforms that support independent media; In addition, there is one team currently in stealth mode and has not yet disclosed information. The selection of these projects marks the rapid development of the Sui ecosystem, and more innovative projects will emerge in the future.