#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 cover DeFi, DePIN, and RWA areas, including advertising networks, digital gifting platforms, new liquidity staking tools, and more. Among them, 7k, as the second-largest transaction aggregator on Sui, provides a smart trading ecosystem; AdToken is a peer-to-peer advertising network that pays based on advertising performance; CryptoMate is a stablecoin-based fintech operating system that supports low-code and AI features; 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 provides non-custodial liquidity 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. In addition, the twelfth team is currently in a confidential mode and has not disclosed information. The selection of these projects signifies the burgeoning Sui ecosystem, attracting more and more developers and projects to participate.