The first phase of Sui Hydropower Accelerator has successfully concluded, with 12 Web3 projects standing out.

The first phase of the Sui Hydropower Accelerator Program has successfully concluded. During the eight-week activity, 12 selected teams received comprehensive support, with guidance provided in various aspects from code development to financing. These projects cover multiple Web3 fields such as Decentralized Finance, DePIN, and RWA.

Participants have the opportunity to gain in-depth knowledge of the Sui ecosystem, communicate with other developers, receive guidance from professional mentors, and learn from experts in the Web3 field. The Sui Foundation provides practical operational support for these entrepreneurial teams.

Here are some introductions to the award-winning projects:

7k

A comprehensive intelligent trading ecosystem, which has become the second largest aggregator on the Sui network just 5 months after its launch. Developed by an experienced DeFi team, 7k is committed to providing users with comprehensive trading features and intelligent tools.

AdToken

This is a peer-to-peer advertising network platform. AdToken allows businesses to launch advertising campaigns on-chain, using a pay-for-performance model, only paying for actual interactions generated (such as likes, shares, clicks, impressions, or sales).

CryptoMate

A stablecoin-based fintech operating system with low-code, programmable, AI-driven, and omnichannel features. CryptoMate helps businesses and protocols connect to the traditional financial system through Bitcoin reserves.

Gifted

This is a digital rewards platform that simplifies the process of sending and receiving digital art, providing a high-quality visual and interactive experience.

InsiDeX

A platform that provides analysis and insights for all DeFi activities on Sui, aiming to offer users an information-rich and smooth trading experience.

Lotus Finance

Decentralized market makers and high-frequency trading infrastructure on the Sui network. This project democratizes quantitative investment opportunities that have traditionally been dominated by institutional investors and shares profits with the community.

Nativerse

The innovative native features on Sui are designed to fully harness the potential of non-custodial liquid staking, leading Bitcoin into an infinite possibility of the LST future. Nativerse enables anyone to launch their own LST and allows Bitcoin stakers to access a unified liquidity layer.

Nemo Protocol

The local yield trading platform on Sui, Nemo offers fixed income and leveraged yield products.

Pomerene

The DePIN project aimed at international trade, this network is an open data and coordination standard designed to ensure the security of a $13 trillion industry.

Printr

The first cross-chain abstracted tokenization and financing platform that allows users to launch, discover, and trade tokens on any blockchain without permission, unifying fragmented liquidity and communities.

Protocol Media Labs

Committed to reshaping the news industry by changing the media landscape through innovative news experiences, while providing journalists with a comprehensive set of tools to keep them at the forefront of news. The Protocol adopts a diversified revenue model to ensure reporting is free from corporate or political influence.

In addition, there is a team that is currently in a confidential state, choosing not to disclose its name and details.