SuiHub has launched its Global Accelerator Program to provide pre-token initiatives with technical assistance from Sui Solution and funding of up to $200,000 per team.
In partnership with Brinc, CoinList, and Ghaf Group, SuiHub’s 12-week accelerator program will provide potential entrepreneurs and blockchain developers with technical guidance, networking opportunities, and strategic financing.
Each selected team will be able to access Sui resources, including the Sui Solutions Engineering team, to facilitate technical assistance and co-creation of the product in order to optimize its potential.
Furthermore, each team will receive $200,000 as part of a funding scheme that is contingent upon the achievement of specific milestones. The SuiHub Accelerator Program is currently accepting applications until December 20, 2024.
The platform’s press release indicates that it is in pursuit of pre-token launch projects that have a Minimum Viable Product that is both compatible with the Sui blockchain and valuable in the real world.
Teams may submit their applications through the official SuiHub application portal. Shown traction, team competencies, alignment with the Sui ecosystem, and project fundamentals will determine the selection of participants.
Kristof Lukovich, CEO of SuiHub, stated that the project would bring in the next generation of Sui blockchain applications by combining the finest features of the Sui ecosystem with guidance from prominent personalities in the field to support the development of projects that could be used in the real world. Lukovich stated:
“In our opinion, we are actively supporting Sui’s mission of onboarding the next billion users to Web3 by assisting founders in the development of real-world applications.”
According to Jameel Khalfan, the Head of Ecosystem Development at the Sui Foundation, the objective of SuiHub’s accelerator program is to enable developers and entrepreneurs to develop solutions that employ Sui’s platform. Khalfan stated:
“The SuiHub Global Accelerator Program’s introduction represents a significant advancement in the acceleration of innovation throughout the Sui ecosystem.”
SuiHub’s objective is to function as a central location for Sui constructors in the Middle East and North Africa. SuiHub aims to encourage the creation of sustainable applications on the Sui blockchain by means of a variety of support systems and community engagement.
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