Universities including Berkeley, MIT, Harvard, Oxford to form EduDAO to promote Web 3 innovations, financed by BitDAO treasury
cointelegraph.comOn Thursday, BitDAO, one of the world's largest decentralized autonomous organizations with over $2.5 billion assets under management, and its partner Mirana ventures announced the creation of EduDAO with eight of the world's top universities including University of California Berkeley, MIT, Harvard and Oxford University.
EduDAO is financed by the BitDAO treasury, and will allocate $11 million in funding each year project grants, research, and standalone product development with $33 million in initial capital. The funds will go to academic research for next-generation blockchain and Web 3 technologies.
EduDAO is financed by the BitDAO treasury, and will allocate $11 million in funding each year project grants, research, and standalone product
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