• SuiHub has launched a global accelerator to support Web3 startups with funding and resources.
• The program promotes blockchain innovation, aligning with the UAE’s vision to lead decentralized technologies and Web3 advancements.
• The accelerator boosts Web3 adoption, strengthens regional startups, and drives blockchain-based solutions in key industries like finance and logistics.

SuiHub has unveiled a global accelerator program designed to empower Web3 startups leveraging the Sui blockchain. The initiative offers up to USD 200,000 in funding, strategic resources, and unparalleled opportunities for growth.

The program reflects SuiHub’s mission to support startups and developers building on the Sui blockchain by providing strategic funding, technical mentorship, and valuable networking opportunities.

This initiative also aligns with the UAE’s ambitions to become a hub for blockchain-based decentralized technologies, paving the way for increased adoption across the region.

A Bold Mission: The SuiHub Accelerator

The 12-week accelerator program, launched in collaboration with Brinc, CoinList, Ghaf Group, and the Sui Foundation, aims to nurture sustainable businesses on the Sui blockchain.

The program focuses on pre-token projects with high growth potential and robust business models. Selected teams will benefit from:

• Milestone-based funding: Up to USD 200,000 for qualifying startups.
• Technical guidance: Hands-on support from the Sui Solutions Engineering team.
• Collaborative development: Leverage the Sui Network’s cutting-edge capabilities.
• Global exposure: Access to over 10 million early adopters via partners’ marketing channels.
• Advisory services: Expertise on token design, distribution, and market strategies.

Participants will also receive targeted support in growth marketing, leveraging key opinion leaders (KOLs), and crafting go-to-market strategies to ensure long-term success.

Kristof Lukovich, CEO of SuiHub, emphasized the program’s broader mission: “The SuiHub Accelerator Program represents our commitment to nurturing the next generation of compelling applications on the Sui blockchain. By supporting founders building real-world applications, we actively contribute to Sui’s mission of onboarding the next billion users to Web3.”

Empowering Web3 Growth in the UAE

The SuiHub Accelerator is set to play a pivotal role in the UAE’s growing blockchain ecosystem. The region is rapidly positioning itself as a leader in adopting decentralized technologies, driven by favorable regulatory frameworks and robust infrastructure.

Kostas Chalkias, Co-Founder and Chief Cryptographer at Mysten Labs, highlighted the potential impact: “The UAE has quickly emerged as a region where blockchain-based decentralized technologies are poised to flourish. This accelerator will drive innovation not only for the Sui community but also for the entire Web3 ecosystem in the Gulf Cooperation Council.”