Startups engaged on the Sui blockchain can get a lift from the newly launched SuiHub Global Accelerator Program. The Sui Basis and its companions will present as much as $200,000, in addition to technical and advertising and marketing support, to groups with pre-token minimal viable merchandise.
Organizers of the 12-week accelerator program are searching for initiatives with real-world applicability and scalability which can be a superb match for the Sui blockchain’s capabilities. Funding can be made accessible based mostly on assembly milestones of growth. SuiHub will take a stake in the initiatives admitted to this system.
Concentrating on MENA
SuiHub’s mission is “to create a house for Sui builders” in the Center East and North Africa. It’s a three way partnership between Sui and the Ghaf Group, a Dubai-based personal capital agency specializing in the Web3 area.
Its Ghaf Studios will present accelerator members with technique support for fundraising, advertising and marketing and tokenomics. Mysten Labs co-founder and chief cryptographer Kostas Chalkias advised Cointelegraph:
“The launch of our accelerator program marks a pivotal step in empowering the following wave of innovators. At SuiHub, we’re not simply constructing initiatives; we’re fostering a thriving ecosystem the place groundbreaking concepts meet unparalleled mentorship and sources.”
Mysten Labs is the developer of the Sui community.
One other associate in the accelerator is Brinc, a Hong Kong-based enterprise capital and accelerator agency that may present partnership and enterprise growth support. Token itemizing platform CoinList will maintain a token launch workshop with follow-up steerage and supply publicity to its 10 million customers.
The appliance deadline for this system is Dec. 20.
Supply: Brinc
Associated: Web3 made simple: Brinc joins forces with Cointelegraph Accelerator
Sui supplies quick motion
The Sui community was launched by Mysten Labs in Might 2023. It options excessive throughput and transaction speeds; as of September 2024, it had over 18.19 million energetic accounts and had processed greater than 4.58 billion transactions.
Sui held the record for layer-1 blockchains of 65 million transactions in a single day till Aptos exceeded it with 115.4 million transactions in Might.
Sui and Aptos use the Transfer programming language, which was designed for Meta’s Diem coin challenge and open-sourced after Diem was deserted.
Journal: Justin Sun’s SUI-farming sins, PEPE’s wild run, 3AC’s oyster philosophy: Asia Express
