Why Cardano Founder Chose Wyoming Over the ‘Giant Egos’ at Harvard

[Geey]

Cardano founder Charles Hoskison explains why University of Wyoming represents a better return on investment for IOHK than Harvard, MIT or Cornell.



Cardano founder Charles Hoskinson has revealed why the University of Wyoming presented a more attractive choice than Harvard, MIT or Cornell for Input Output’s (IOHK’s) lab.

IOHK, the company charged with the development of Cardano, donated $500,000 in ADA to the blockchain lab at the university earlier this year. The State of Wyoming is known for its progressive crypto legislation, which allowed former Wall Street executive Caitlin Long to establish the first crypto-native bank in the U.S.

Hoskinson noted that the university was, “the first state institution in the entire United States to treat ADA like U.S. dollars.” Read More