Article reprinted from: Sui Network

New projects supported by the accelerator include advertising networks, digital rewards platforms, and new native features for liquidity staking.

Over the course of eight weeks, the first class of Sui Hydropower Accelerator students worked hard to advance their projects, receiving support from coding to fundraising. Their projects covered a wide range of areas, from DeFi to DePIN to RWA.

Out of hundreds of applications, 12 teams were given the opportunity to gain a deeper understanding of Sui, meet other developers, receive mentorship, learn from experts in the Web3 space, and receive hands-on support from the Sui Foundation.

Thanks to Mysten Labs, FanTV, Navi, RECRD, Scallop, Studio Mirai, and Suilend for providing first-hand experience for entrepreneurs.

Accelerator Award Winners

? 7k

https://x.com/7k_ag_

A smart trading ecosystem that became the second largest aggregator of Sui within five months of launch. Developed by an experienced DeFi team, 7k aims to provide Sui users with a comprehensive trading ecosystem equipped with a range of smart features.

? AdToken

https://x.com/ad_token_

A peer-to-peer advertising network. AdToken enables any business to launch an on-chain advertising campaign and pay only for likes, shares, clicks, impressions or sales generated by the ads.

? CryptoMate

https://www.linkedin.com/company/crypto-mate/

A stablecoin-based fintech operating system that is code-light, programmable, AI-driven, and omnichannel. CryptoMate helps companies and protocols access traditional finance through Bitcoin reserves.

? Gifted

https://x.com/gifteddotart

A digital rewards platform. Gifted makes sending and receiving digital art easy, providing a beautiful and interactive experience.

? InsiDeX

http://insidex.trade/

An analysis and insight platform for all DeFi activities on Sui, enabling users to have an informed and seamless trading experience.

? Lotus Finance

https://x.com/0xhipo

Decentralized market maker and high-frequency trading infrastructure on Sui. Quantitative investment opportunities previously dominated by institutional investors are now democratized and the benefits are shared with the community.

? Nativerse

https://twitter.com/nativerse_xyz

A new native feature on Sui designed to unlock the full potential of non-custodial liquid staking and lead Bitcoin into a limitless LST future. Nativerse enables anyone to launch their own LST and empowers Bitcoin stakers to access a unified liquidity layer.

? Nemo Protocol

https://x.com/nemoprotocol

Nemo, the native income trading platform on Sui, offers both fixed income and leveraged income.

? Relatively

https://x.com/PomereneNetwork

DePIN for international trade, an open data and coordination standard designed to secure the industry’s $13 trillion.

? Through

https://t.co/IFiIoZ0Tyg

The first chain-abstracted tokenization and funding platform that allows users to permissionlessly launch, discover, and trade tokens on any blockchain, unifying decentralized liquidity and communities.

? Protocol Media Labs

http://www.protocolmedialabs.com/

Protocol is redefining journalism by delivering a new news experience that changes the media landscape while providing journalists with a full set of tools to help them stay on top of the story. Thanks to a solid and diversified revenue model, Protocol ensures that the truth is not influenced by corporate or political interests.

? The twelfth team is currently in secrecy mode, choosing not to release its name and details publicly.

Please check out the Sui Foundation Hub for recorded courses from the accelerator and more resources from the Sui ecosystem team.