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BitDAO, a decentralized autonomous organization overseeing more than $2.5 billion in assets, is helping to launch a funding channel for student-led projects focused on blockchain and Web3 innovation.
Along with partner Mirana Ventures, whose investment portfolio includes tokens, they announced Friday the creation of EduDAO, a separate DAO that will partner with eight of the world's top educational institutions, including Harvard University, the University of Oxford in England, Tsinghua University in China and the University of California, Berkeley.
BitDAO's treasury will finance EduDAO, which will operate as an independent steering committee and allocate up to $11 million to separate university-centric DAOs.
EduDAO
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