On the SuiHub Launch Occasion, (from left to proper): Feras Al Sadek, Managing Associate at Ghaf Capital; Helen Liu, COO at Bybit; Manal AlBayat, Chief Engagement Officer, Expo Metropolis Dubai; Sheikh Al Mualla bin Ahmed Al Mualla, Associate at Ghaf Capital; Christian Thompson, CISO at Mysten Labs; and Kostas Chalkias, Co-Founder and Chief Cryptographer at Mysten Labs.
DUBAI, UAE, NOVEMBER twenty first, 2024 – SuiHub is happy to announce the launch of its International Accelerator Program, a brand new initiative designed to assist construct sustainable companies on Sui within the Web3 area.
This 12-week accelerator program is run in partnership between Brinc, CoinList, Ghaf Group, and Sui Basis; and is ready to supply strategic funding, technical steering, and networking alternatives to startups and builders constructing on the Sui blockchain.
The SuiHub Accelerator is dedicated to supporting pre-token tasks with a robust potential for scaling and sustainable enterprise fashions. Chosen individuals will profit from complete assist, together with:
- Funding: As much as $200,000 per group in milestone-based funding.
- Engineering assist: Take pleasure in direct entry to the Sui Options Engineering group for technical assist and even co-building of the product to maximise the potential of the Sui Community.
- Market Attain: Taking part groups might be featured to a worldwide viewers of over 10M+ early adopters through our companions’ advertising and marketing channels. Groups may even obtain assist on progress advertising and marketing, leveraging KOLs, and go-to-market methods.
- Token Design & Liquidity Advisory: Leverage our group of specialists to assist your group suppose by way of incentive design, distribution mechanisms, itemizing technique, and different essential points of a sustainable token financial system.
SuiHub is searching for progressive groups which can be pre-token launch and have a Minimal Viable Product (MVP) that aligns with the Sui blockchain’s capabilities and has real-world applicability. Functions for the SuiHub Accelerator Program are open till January 10, 2025.
“The SuiHub Accelerator Program represents our dedication to nurturing the following technology of compelling functions on the Sui blockchain,” stated Kristof Lukovich, CEO of SuiHub. “We consider that by supporting founders constructing real-world functions, we actively contribute to Sui’s mission of onboarding the following billion customers to web3.“
There was quite a lot of momentum and pleasure within the Sui builder group. “We’re assured that the SuiHub accelerator will play a crucial position in rising the Sui community by fostering a tradition of innovation and collaboration,” stated Scott Keto, President of CoinList. “We now have seven years of expertise supporting novel ecosystems and builders, and we stay up for supporting the following technology of builders on Sui.”
“The UAE has shortly emerged as a area the place blockchain-based decentralized applied sciences are poised to flourish,” stated Kostas Chalkias, Co-Founder and Chief Cryptographer at Mysten Labs, which developed the Sui community. “We’re excited to work with the likes of Brinc, CoinList, and Ghaf Group to launch a worldwide accelerator program that can mix the strengths of the area and the Sui ecosystem to generate tasks that make the most of Sui’s industry-leading applied sciences to deal with real-world use circumstances at scale. We consider this accelerator will create new ranges of innovation not just for the Sui group however for your entire Web3 ecosystem of the Gulf Cooperation Council.”
“The SuiHub International Accelerator Program launch marks a significant leap ahead in supercharging innovation throughout the Sui ecosystem,” stated Jameel Khalfan, Head of Ecosystem Improvement on the Sui Basis. “By offering builders and entrepreneurs worldwide with unparalleled entry to sources, mentorship, and assist, we’ll empower them to construct groundbreaking options that leverage Sui’s uniquely succesful platform and proceed the outstanding ascent of Sui to turning into the preeminent infrastructure supplier in Web3.”
“We’re excited to associate with SuiHub on a program that units a brand new normal in Web3 acceleration,” stated Yasin Aboudaoud, Managing Associate – MENA and Chief Improvement Officer at Brinc. “With SuiHub committing as much as USD 200,000 per startup by way of milestone-based funding, this initiative doesn’t simply fund startups—it equips them with crucial sources to innovate, develop, and scale swiftly. SuiHub’s dedication to supporting pre-token tasks and fostering world Web3 enlargement aligns with Brinc’s mission to empower transformative applied sciences and drive actual impression throughout the blockchain ecosystem.”
The SuiHub Accelerator goals to assist promising founders and builders in quickly bringing their merchandise to market. Every chosen group could have entry to SuiHub’s sources, together with the Sui Options Engineering group. In return, SuiHub will take a stake within the tasks, aligning incentives whereas empowering founders to retain vital management.
The appliance course of will take into account challenge fundamentals, group capabilities, alignment with the Sui ecosystem, and demonstrated traction. groups are inspired to submit their functions by way of the SuiHub Accelerator portal at: suihub.org/accelerator.
For extra info or media inquiries, please contact: Kristof Lukovich
Electronic mail: [email protected]
Web site: suihub.org/accelerator
About Brinc (www.brinc.io)
Brinc is a pacesetter in world enterprise acceleration and operates 15+ multi-disciplinary accelerator applications throughout seven international locations. Accelerating startups centered on local weather tech, CDR, meals know-how, blockchain know-how, synthetic intelligence, web3, linked {hardware}, robotics, and the Web of Issues (IoT), Brinc’s mission is to create a extra sustainable, equitable, and inclusive future. Brinc additionally introduced plans to lift a sequence of enterprise funds to put money into high-potential early-stage firms by way of accelerators and supply LPs with a devoted innovation platform and entry to Collection A+ co-investment alternatives.
Brinc additional helps firms with distributed innovation methods, sourcing of recent startups and applied sciences, and enterprise capital as a service. International firms (Manulife, Huawei, Schneider Electrical, Puma, Batelco, Merck, Omantel, Linrun Group, Zhihui Park), authorities organizations (Hong Kong Science Park, NEOM, MBRIF, Guangdong Comfortable-tech Park), tertiary establishments (HK Metropolis College, Nationwide College of Singapore), fast-growing firms (Animoca Manufacturers, The Sandbox), and main enterprise funds (Artesian, LeverVC, Tamkeen, EDB, Hatcher+) have all run applications with Brinc.
Be taught extra: brinc.io
About CoinList
CoinList connects the most effective crypto builders with high-quality early adopters. Since 2017, CoinList has turn into the worldwide chief in group progress, serving to blue chip tasks like Filecoin, Solana, Ondo, Close to, Move, and others launch their protocols and join with a whole bunch of 1000’s of recent token holders by way of greater than $1.2 billion in token gross sales. With a worldwide group of over 11M customers, CoinList helps the total crypto lifecycle, from token gross sales by way of token distribution, buying and selling, and staking.
Web site: www.coinlist.co
X (Twitter): https://twitter.com/CoinList
Weblog: https://blog.coinlist.co
About Ghaf Group
Ghaf Group is the main blockchain associate within the MENA area, comprising three synergistic entities: Ghaf Capital Companions, Ghaf Labs, and Ghaf Studios. Collectively, these entities drive innovation and capitalize on rising market alternatives throughout the blockchain ecosystem. Ghaf Capital Companions is a premier non-public funding agency primarily based in Dubai, specializing in blockchain ventures and providing capital, strategic insights, and a broad community of {industry} connections to next-generation digital platforms. Ghaf Labs is the boutique advisory arm of Ghaf Group, centered on serving to blockchain ventures navigate the complexities of the ecosystem and construct a strong world presence from the MENA area. Ghaf Studios serves because the Group’s hybrid enterprise studio and accelerator, mixing the capabilities of a enterprise builder with a progress accelerator and nurturing progressive blockchain tasks from idea to market launch.
Ghaf Capital | Ghaf Labs
About Sui:
Sui is a first-of-its-kind Layer 1 blockchain and good contract platform designed from the bottom as much as make digital asset possession quick, non-public, safe, and accessible to everybody. Its object-centric mannequin, primarily based on the Transfer programming language, permits parallel execution, sub-second finality, and wealthy on-chain belongings. With horizontally scalable processing and storage, Sui helps a variety of functions with unmatched velocity at low price. Sui is a step-function development in blockchain and a platform on which creators and builders can construct wonderful user-friendly experiences. For extra details about Sui, please go to https://sui.io.
About SuiHub (suihub.org)
SuiHub is a three way partnership between Sui and Ghaf Group. Its mission is to create a house for Sui builders in MENA, develop native expertise, and assist the ecosystem’s progress. By means of numerous assist mechanisms and group engagement, SuiHub goals to drive the expansion of sustainable functions on the Sui blockchain.
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About The Writer
Gregory, a digital nomad hailing from Poland, is just not solely a monetary analyst but additionally a helpful contributor to numerous on-line magazines. With a wealth of expertise within the monetary {industry}, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is presently devoted to writing a guide about cryptocurrency and blockchain.
Gregory, a digital nomad hailing from Poland, is just not solely a monetary analyst but additionally a helpful contributor to numerous on-line magazines. With a wealth of expertise within the monetary {industry}, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is presently devoted to writing a guide about cryptocurrency and blockchain.