SuiHub Unveils Global Accelerator Program to Empower Web3 Startups on the Sui Blockchain

The initiative offers up to USD 200,000 in funding, strategic resources, and unparalleled opportunities for growth.

Dubai, United Arab Emirates – (ARAB NEWSWIRE) — SuiHub, the leading Web3 infrastructure provider, has announced the launch of a global accelerator program designed to empower 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 12-week accelerator program has been launched in collaboration with Brinc, CoinList, Ghaf Group, and the Sui Foundation to nurture sustainable businesses on the Sui blockchain. The program will focus on pre-token projects with high growth potential and robust business models. Selected teams will benefit from:

* Funding of up to USD 200,000

* Technical mentorship from Sui engineers

* Access to Brinc’s global network of investors, partners, and mentors

* Legal, financial, and administrative support from Ghaf Group

* Participation in exclusive events and showcases

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.

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

The program is designed to support startups across various industries, including decentralized finance (DeFi), non-fungible tokens (NFTs), gaming, metaverse, social media, and entertainment. Startups interested in joining the program can apply through the official website.

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.

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

About SuiHub

SuiHub is a Web3 infrastructure company dedicated to supporting the growth and adoption of the Sui blockchain. The company provides a range of services, including node hosting, staking, and liquidity provision, to help startups, developers, and users build and engage with decentralized applications on Sui. SuiHub is headquartered in Dubai, United Arab Emirates, with a global team and presence.

About Brinc

Brinc is a venture capital firm and accelerator program that invests in pre-seed and seed-stage startups transforming industries with deep tech solutions. The company provides founders with access to capital, mentorship, and a global network of investors, partners, and mentors. Brinc has launched over 200 startups and deployed more than USD 250 million in funding across three funds.

About CoinList

CoinList is a cryptocurrency exchange and fundraising platform that enables users to buy, sell, trade, and earn emerging cryptocurrencies. The company has raised over USD 800 million from investors, including Accel, Altimeter Capital, and Tiger Global. CoinList has launched some of the most successful Web3 projects, including Filecoin, Flow, and NEAR Protocol.

About Ghaf Group

Ghaf Group is a family office and investment company based in the United Arab Emirates. The company provides a range of services, including legal, financial, and administrative support, to startups and small businesses. Ghaf Group also has a strong focus on impact investing and supports initiatives that contribute to the sustainable development of the UAE.

About Mysten Labs

Mysten Labs is a blockchain technology company founded by former Meta engineers. The company is developing Sui, a next-generation proof-of-stake blockchain optimized for high throughput and low latency. Mysten Labs has raised over USD 360 million from investors, including FTX Ventures, Lightspeed Venture Partners, and Sequoia Capital.