The Cardano Team Is Investing In Research and Education

Blockchain infrastructure research and engineering company IOG (Input Output Global) is the team behind Cardano. The Cardano network has been preparing for the upcoming Vasil hardfork in September. While most recent news on Cardano has been centered around the Vasil upgrade, IOG has been opening research labs and collaboration projects with universities and institutes around the world. 

Most recently, IOG funded a $4.5 million blockchain research hub at Stanford University. Other research lab locations include the Universities of Edinburgh, Wyoming, and Athens, and the Tokyo Institute of Technology. 

The hub will not be exclusive to Cardano projects but will be inclusive of all blockchain ideas. Tim Harrison, IOG’s vice president of Community and Ecosystem, stated

“Researchers at the university will be able to put forward innovative projects that will impact the blockchain industry… Healthy competition is a vital part…, especially in its early days…”

Harrison also revealed that IOG has been working with Stanford for a while and has previously donated half a million dollars to fund blockchain scalability research. 

Project Catalyst

Cardano also has an ongoing experiment called Project Catalyst. Project Catalyst allows developers to submit proposals for their Cardano projects and users will vote to see which projects get funded by Catalyst.

The ninth round, Fund9, started in June and is ongoing. Check out some of the top proposals here. Some of the top projects include Bringing Cardano to Cambridge, Cardano-Polkadot Oracle Bridge, and Cardano/Ethereum NFT Ecosystems Map.