The first batch of 12 innovative projects from Sui Hydropower Accelerator has emerged, covering fields such as Decentralized Finance and DePIN.

The first Sui Hydropower Accelerator project has successfully concluded, with 12 teams standing out from hundreds of applications, gaining the opportunity to deeply understand the Sui ecosystem, receive expert guidance, and practical support. During the eight-week accelerator, these teams received comprehensive support in various areas, from technical development to fundraising, covering multiple fields including Decentralized Finance, DePIN, and RWA.

The new project types supported by this accelerator are diverse, including advertising networks, digital reward platforms, and innovative projects such as liquid staking features. These projects showcase the diversity and innovative potential of the Sui ecosystem.

Here is a brief introduction to some of the award-winning projects:

1. 7k: A smart trading ecosystem that has become the second-largest aggregator on Sui in just five months. The project is developed by an experienced Decentralized Finance team and aims to provide users with comprehensive trading functionalities.

2. AdToken: A peer-to-peer advertising network that allows businesses to launch on-chain advertising campaigns, using a pay-per-performance model.

3. CryptoMate: A fintech operating system based on stablecoins, featuring low-code, programmable, AI-driven, and omnichannel characteristics, helping businesses access traditional finance through Bitcoin reserves.

4. Gifted: A digital rewards platform that simplifies the sending and receiving process of digital art, providing a high-quality user experience.

5. InsiDeX: A DeFi activity analysis and insights platform on Sui, providing users with an information-driven and seamless trading experience.

6. Lotus Finance: A decentralized market maker and high-frequency trading infrastructure on Sui, aimed at democratizing quantitative investment opportunities.

7. Nativerse: A new native feature on Sui, dedicated to unleashing the potential of non-custodial liquid staking and driving Bitcoin into the new era of LST.

8. Nemo Protocol: A native yield trading platform on Sui, offering fixed income and leveraged yield products.

9. Pomerene: A DePIN network aimed at international trade, designed to provide open data and coordination standards for the $13 trillion industry.

10. Printr: The first tokenization and financing platform with blockchain abstraction, allowing users to launch, discover, and trade tokens permissionlessly on any blockchain.

11. Protocol Media Labs: Committed to reshaping the news industry by providing innovative news experiences and tools while ensuring that news reporting is free from external influences.

Another team chose to remain anonymous and did not disclose the details of their project.

These projects showcase the diversity and innovative potential of the Sui ecosystem, covering a wide range of areas from fintech to media innovation. Through the Sui Hydropower Accelerator, these projects have gained valuable resources and guidance, and are expected to make a significant impact in the Web3 space in the future.