Advancing development and growth in the blockchain industry is crucial. A recent MKR contribution to Carnegie Mellon will spur further research of dApps and protocols.
Further growth of blockchain technology requires attracting more developers and coders.
One way of doing so is by offering a “grant” of sorts.
Carnegie Mellon University recently received a 3,200 MKR donation, worth $1.32 million.
This money will be utilized to create a new research unit.
That unit will focus on decentralized applications and protocols, as well as game-theoretic mechanisms.
More details regarding the exact plan of action will be unveiled fairly soon.
A further 6,800 MKR will be donated over the next 1-3 years.
In total, the research fund will have over $4.2 million in funds to sponsor research and development.
Given the increase in patent filing regarding blockchain and associated technologies, something needs to be done to protect the web3 development space.
Moreover, there are still plenty of regions where major progress can be achieved in the future.
Particularly scaling and game theory are of great interest in this regard.
For Maker, this is a prominent development that provides a lot of good karma.
It also highlights the value of MKR and how it can help fund the R&D of this industry.
Elon Musk has implied the possibility of Dogecoin (DOGE) returning as a payment method for…
September 2024 is pivotal for Ethereum's DeFi ecosystem, with several tokens poised for significant growth.…
With the cryptocurrency market entering the final quarter of the year, analysts are expecting altcoins…
The 1inch team has been strategically maneuvering within the crypto market, recently executing a significant…
Penpie, a protocol built on top of Pendle, recently experienced a significant security breach that…
Aave continues to dominate the DeFi sector, boasting over 80,000 monthly active users. However, recent…