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Eight World-Renowned Universities Including Harvard Jointly Created EduDAO With BitDAO

Mary Liu

Summary: BitDAO, one of the world’s largest decentralized autonomous organizations (DAOs), which manage more than $2.5 billion in assets announced on Thursday that it has cooperated with eight of the world’s top universities to launch EduDAO. The eight include blockchain organizations from Harvard University, Massachusetts Institute of Technology, UC Berkeley, University of Pennsylvania, University of Pennsylvania, ...

BitDAO, one of the world’s largest decentralized autonomous organizations (DAOs), which manage more than $2.5 billion in assets announced on Thursday that it has cooperated with eight of the world’s top universities to launch EduDAO. The eight include blockchain organizations from Harvard University, Massachusetts Institute of Technology, UC Berkeley, University of Pennsylvania, University of Pennsylvania, and Oxford University. 

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EduDAO will be funded by the BitDAO treasury, which will allocate $11 million each year for project grants, research and independent product development. The initial capital is $33 million for academic research on next-generation blockchain and Web 3 technologies. 

BitDAO stated that EduDAO is the world's first multi-university DAO organization led by students and will lead the next generation of Web3 thinkers from 0 to 1.

By Mary Liu

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