According to BlockBeats, on January 10, according to the Sui Network official account, the Sui Foundation Hydropower Accelerator Program announced a list of 12 winning projects, including DeFi aggregator 7k, peer-to-peer advertising network AdToken, stablecoin-based fintech operating system CryptoMate, digital rewards platform Gifted, DeFi analysis and insights platform InsiDeX, decentralized market maker and high-frequency trading infrastructure Lotus Finance, liquidity layer Nativerse, yield trading platform Nemo Protocol, international trade DePIN project Pomerene, tokenization and financing platform Printr, information engine Protocol Media Labs and a project that is currently confidential.
The Hydropower Accelerator program of the Sui Foundation helps teams launch new projects on Sui and mentors them to focus on technology, product, marketing, and financing, ultimately culminating in a showcase day where participants present their results to venture capital firms and receive feedback.
Among hundreds of applications, 12 teams had the opportunity to gain in-depth knowledge of Sui, meet other developers, receive mentorship, learn from experts in the Web3 field, and gain practical support from the Sui Foundation.