[ad_1]
On Thursday, BitDAO, the largest in the world Decentralized autonomous organization EduDAO, with more than US$2.5 billion in assets under management, and its partner Mirana Ventures, announced the creation of EduDAO with eight of the world’s top universities, including the University of California, Berkeley, Massachusetts Institute of Technology, Harvard University and Oxford University.
EduDAO is funded by the Ministry of Finance of BitDAO, which will allocate 11 million U.S. dollars each year to fund project grants, research and independent product development, with an initial capital of 33 million U.S. dollars. The funds will be used for academic research on next-generation blockchain and Web 3.0 technologies.
John Allen of Mirana Ventures said: “The most promising products and designs of the future are currently being designed at the university level; this partnership promotes scalable growth by providing students and faculty with much-needed investment funds.”
Roman Ugarte and Virat Talwar, co-chairs of the Harvard Blockchain Club, said: “Handing over the power of targeted funding and information distribution to a dispersed collective of students, faculty, staff, and alumni is a revolution for institutions like this. Sexual progress. Just like Harvard.”
Jocelyn Weber Phipps, deputy director of the Responsible Distributed Intelligence Center (RDI) at the University of California, Berkeley, added:
The University of California, Berkeley is honored to collaborate with EducationDAO and further consolidate our new Berkeley RDI Center as a hub and platform for global collaboration with other organizations and researchers, such as leading the first DeFi MOOC, recruiting people from over 30 years old Thousands of student countries and our undiluted Berkeley Blockchain Xcelerator are open to teams all over the world.
[ad_2]
Source link
