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"SuiHub Accelerator Breaks Records: 630 Applications from 152 Countries"

Coin WorldMonday, Feb 3, 2025 10:08 am ET
1min read

The SuiHub accelerator program has achieved a remarkable milestone with over 630 applications from 152 countries, marking one of the largest ecosystem-specific intakes ever recorded. This overwhelming response underscores the growing momentum within the Sui ecosystem and the global appeal of the SuiHub initiative.

The program attracted interest from over 13,000 individuals across 2,452 cities worldwide, highlighting the immense potential and enthusiasm for the Sui blockchain. With an acceptance rate of just 1.3%, the inaugural cohort is set to feature some of the most innovative and promising startups in the web3 space.

Kristof Lukovich, CEO of SuiHub, expressed his excitement about the program's success: "The immense interest in the SuiHub Accelerator Program underscores the strength of the Sui ecosystem and its appeal to builders worldwide. We are incredibly excited to work with the inaugural cohort and help them unlock the full potential of the Sui blockchain to address real-world challenges."

Scott Keto, President at CoinList, echoed these sentiments: "The 630+ applicants is a testament to the strength of the SuiHub offering and the momentum within the Sui ecosystem. With an acceptance rate of just 1.3% and many quality applicants to choose from, the first cohort of the accelerator looks incredibly promising. We look forward to supporting this next generation of builders on Sui."

The SuiHub Accelerator, run in partnership with Brinc, CoinList, Ghaf Group, and the Sui Foundation, provides up to $200,000 in milestone-based funding per team, technical support, and access to global marketing channels. Its mission is to empower pre-token projects and entrepreneurs building sustainable business models on the Sui blockchain.

Dr. Kostas Chalkias, Co-founder of Sui, emphasized the potential of these projects: "Backed by Sui’s lightning-fast and scalable network, these projects have immense potential to continue to grow the Sui ecosystem." Henrik Johansson, Head of Community at Sui Foundation, added: "The response to the SuiHub Dubai Accelerator from the community, developers, entrepreneurs, and users has been incredible. The extraordinary volume of qualified submissions reflects the talent that makes the Sui ecosystem a thriving, innovative network."

The first cohort of the SuiHub Acc

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