SuiHub introduces its Global Accelerator Program to assist pre-token projects with Sui Solution technical help and funding of up to $200,000 per team.
SuiHub’s 12-week accelerator program, being held in collaboration with Brinc, CoinList, and Ghaf Group, will give aspiring entrepreneurs and blockchain developers access to technical advice, networking opportunities, and strategic finance.
Access to Sui resources, such as the Sui Solutions Engineering team for technical assistance and co-creation of the product to maximize its potential, will be granted to each chosen team.
Additionally, each team will earn $200,000 under a funding scheme based on milestones. The SuiHub Accelerator Program is accepting applications through December 20, 2024.
The platform’s press release states that it is seeking pre-token launch projects with a Minimum Viable Product compatible with the Sui blockchain and valuable in the real world.
The official SuiHub application portal is where teams can submit their applications. Participants will be selected based on demonstrable traction, team competencies, alignment with the Sui ecosystem, and project basics.
According to Kristof Lukovich, CEO of SuiHub, the project would combine the best features of the Sui ecosystem with guidance from prominent figures in the field to support the development of projects that might be used in the real world, bringing in the next wave of Sui blockchain applications. Lukovich said:
We believe that by supporting founders building real-world applications, we actively contribute to Sui’s mission of onboarding the next billion users to Web3″
Head of Ecosystem Development at the Sui Foundation, Jameel Khalfan, stated that SuiHub’s accelerator program aims to empower developers and entrepreneurs to build solutions that leverage Sui’s platform. Khalfan said:
The SuiHub Global Accelerator Program launch marks a major leap forward in supercharging innovation across the Sui ecosystem”
The goal of SuiHub is to serve as a hub for Sui builders in the Middle East and North Africa. SuiHub wants to promote the development of sustainable apps on the Sui blockchain through several support systems and community involvement.