Why Cardano’s Founder Preferred Wyoming to Harvard’s ‘Giant Egos’

Charles Hoskinson, the founder of Cardano, explained why the University of Wyoming was a more appealing option than prestigious institutions like Harvard, MIT, or Cornell for Input Output’s (IOHK) lab.

Earlier this year, IOHK contributed $500,000 in ADA to the university’s blockchain lab. The State of Wyoming is recognized for its forward-thinking cryptocurrency legislation, which allowed Caitlin Long, a former Wall Street executive, to establish the first crypto-native bank in the United States.

This decision emphasizes the university’s commitment to innovative blockchain development and the advantageous regulatory environment in Wyoming.