Emurgo, a commercial arm of Cardano,invests $ 100 million in the development of decentralized finance (DeFi), non-fungible token (NFT) solutions and blockchain education programs on its platform.
According to the official statement of the CEOKen Kodama's company, a program to stimulate the development of the Cardano ecosystem will start next year. As part of the initiative, Emurgo will fund new solutions for developers, businesses and governments. So far, the program provides support for projects only in three keydirections.
4th largest sales unitblockchain also announced plans to fund the African business incubator Adanian Labs, focused on startups in the field of artificial intelligence, blockchain and smart systems.
In addition, at the Kenyan summit, Cardano founder Charles Hoskinson announced a $ 20 million donation to Carnegie Mellon University to create a Center for Formal Mathematics named after him.
In April, Cardano's research arm also began collaborating with the Ethiopian government as part of a program to modernize the national education system.
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