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Harvard, Oxford universities form EduDAO to facilitate Web 3.0 innovation, venture financed by BitDAO treasury.

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Researchers, Educators, and Entrepreneurs from top universities around the world will be benefitting from EduDAO funds to research, educate, and promote Web 3.0 technologies.

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Researchers, educators, and entrepreneurs from top universities around the world will be benefitting from EduDAO funds to research, educate, and promote Web 3.0 technologies.

With eight of the world’s top universities including University of California Berkeley, MIT, Harvard and Oxford University. BitDAO, one of the world’s largest decentralized autonomous organizations, announced the creation of EduDAO, one of the world’s largest decentralized autonomous organizations with over $2.5 billion in assets under management. Starting with $33 million in initial capital, EduDAO will provide $11 million in funding per year for project grants, research and development of standalone products. The funds will be used to fund academic research for next-generation blockchain and Web 3.0 technologies.

“Tomorrow’s most promising products and designs are being devised at the university level right now; this partnership facilitates that growth at a scalable level by giving students and faculties access to sorely needed investment capital,” statement by John Allen of Mirana Ventures.

Harvard Blockchain Club co-presidents Roman Ugarte and Virat Talwar said that it was a revolutionary step forward for Harvard institution to place targeted funding and information distribution in the hands of students, faculty members, and alumni  is a revolutionary step forward for institutions such as Harvard."

Also Read - https://tokeneo.com/french-and-swiss-central-banks-announced-success-of-digital-trials/

“UC Berkeley is honored to partner with EducationDAO and further build on our new Berkeley RDI Center’s efforts to act as a hub and platform for collaborations globally with other organizations & researchers, as exemplified in leading the first DeFi MOOC with thousands of students enrolled from 30+ countries and our non-dilutive Berkeley Blockchain Xcelerator open to teams around the world.”- said Jocelyn Weber Phipps, deputy director for UC Berkeley’s


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