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    Home » SuiHub Accelerator Draws 630+ Applications for Web3 Innovation With Interest from 152 Countries
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    SuiHub Accelerator Draws 630+ Applications for Web3 Innovation With Interest from 152 Countries

    News RoomBy News RoomFebruary 3, 2025No Comments3 Mins Read

    SuiHub, the leading blockchain innovation hub, is gearing up for its inaugural Web3 accelerator class, having received an impressive 630+ applications from 152 countries. The response reflects the growing excitement around the Sui ecosystem, which continues to gain momentum across the Web3 space.

    —

    With an acceptance rate of just 1.3%, SuiHub’s accelerator has become one of the most competitive and highly anticipated programs for blockchain and Web3 startups. The program has attracted over 13,000 interested individuals from more than 2,400 cities globally, showcasing the universal appeal and broad talent pool behind the Sui initiative.

    The Power of the Sui Ecosystem

    Kristof Lukovich, CEO of SuiHub, expressed his excitement about the accelerator’s success, noting:
    “The overwhelming interest in the SuiHub Accelerator Program highlights the strength of the Sui ecosystem and its growing appeal to developers across the world. We’re thrilled to begin working with our inaugural cohort, helping them harness the full potential of the Sui blockchain to solve real-world challenges.”

    Kristof Lukovich, CEO of SuiHub
    In collaboration with Brinc, CoinList, Ghaf Group, and the Sui Foundation, SuiHub provides successful applicants with up to $200,000 in milestone-based funding, technical support, and marketing channels to fuel growth. The accelerator is focused on empowering pre-token projects and entrepreneurs building sustainable business models on the Sui blockchain.

    “The exceptional caliber of applicants underscores the incredible momentum within the Sui ecosystem,” said Scott Keto, president of CoinList. “With such a competitive pool, we’re confident this inaugural cohort will produce groundbreaking projects and push the Web3 frontier even further.”

    SuiHub is committed to empowering developers and startups within the Sui ecosystem. Powered by the high-performance Sui blockchain, the accelerator aims to nurture projects in DeFi, NFTs, gaming, and other blockchain applications, ensuring they have the tools and resources needed to thrive in an ever-evolving market.

    A Launchpad for Global Innovation

    As the accelerator prepares to launch its first cohort, SuiHub is already setting the stage for the next generation of Web3 leaders. Henrik Johansson, head of community at Sui Foundation, highlighted the caliber of applicants, noting, “The volume and quality of submissions demonstrate the immense talent fueling the Sui ecosystem. We are eager to watch these projects flourish and strengthen the Web3 landscape.”

    The program’s success, along with its growing reputation, is a testament to the collaborative efforts of SuiHub’s partners. “The accelerator has quickly become one of the top Web3 programs,” said Bashar Aboudaoud, COO of Brinc. “I’m excited to see the startups selected for this cohort progress and help push the boundaries of innovation.”

    Looking Ahead: Scaling Web3 Across Borders

    The SuiHub accelerator doesn’t just empower individual startups but aims to build a broader Web3 ecosystem, with global connections and partnerships. Feras Al Sadek, of Ghaf Group, emphasized the program’s impact on regional innovation: “This program is more than just an accelerator—it’s a launchpad for the next wave of Web3 innovation, strengthening the regional ecosystem through international collaboration.”

    —

    About Sui

    Sui is a pioneering Layer-1 blockchain and smart contract platform designed to make digital asset ownership fast, secure, and private. Built on the Move programming language, Sui offers parallel execution, sub-second finality, and rich on-chain assets. With scalable processing and storage, Sui is poised to support a wide range of applications and continue its journey as a leading blockchain platform for creators and developers.

    Read the full article here

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